Payables are just as important to an organization as receivables. Losing track of payables jeopardizes the continuity of services and diminishes the association’s reputation. Our hoa accounting software accounts payable feature can be of great help!
Condo Manager’s Accounts Payable module offers several key features.
Vendors and service providers can send their invoices to one centralized location, and the bank can process them for approval. Lockbox integration allows for the immediate reflection of payables in financial records and optimizes your invoice-to-pay workflow.
Set up recurring payments for vendors to ensure services continue without interruption. Manage which vendors and payments should be recurring all from one platform.
Create multiple community profiles, each with its own rules and payment structures. Separate profiles allow for more efficient monitoring and management.
Board members and managers can easily approve invoices through the portal or app. This function lets board members and managers control payments even from a remote location.
Condo Manager is one of the premier software providers serving HOA management companies and self-managed associations. Our extensive solutions make it easier to manage communities.
Call us today at 800-626-1267 or contact us online for a free demo!
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