Rentec Direct Adds New Vendor Online Payment Tool to Property Management Software
Summary
The updated, built-in feature gives Rentec Direct clients the ability to electronically transfer payments to vendors, eliminating the need for mailing paper checks. Property managers and landlords can save valuable time and money while eliminating a manual step from the vendor payment process. “The mission we are always working toward as a software company is to save landlords and property managers time and money,” said Nathan Miller, Founder and President of Rentec Direct. We hope this will make the job easier for many of our busy clients working tirelessly to grow their rental businesses.” The Vendor ACH Payment tool will use Rentec Direct clients’ merchant accounts to transfer funds directly to a vendor’s bank account. Depending on the ACH processing time at the receiving financial institution, most payments will arrive in the vendor’s bank account within two business days.
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