If there's one thing we remember from our days managing commercial properties, it is this. 👉 Chasing arrears is a headache.
New feature
Introducing the tool for changing 'late paying tenant' behaviour - If they won't change, why not tap into a secondary revenue stream 🤷♂️
Painful arrears, everyone's nightmare! You send a reminder, don't hear back, send a follow-up, some more time passes, and then you decide it's time to charge the tenant a late fee, so you begin the manual process of calculating the late fee invoice and sending it to the tenant. Until now!
Now you can generate, charge and manage late fees on tenants with arrears inside the Re-Leased system.
Phase 1 of our new Late Fees & Interest Calculator includes:
Late Fees Calculator - Complete flexibility on how you decide to generate late fee charges however they are outlined in the lease. (i.e. by %, flat fee, grace periods and more).
Late Fee Hub - A holistic view of all activity in the Late Fees hub, so you have everything you need to maintain cash flow for your portfolio.
Why wait? Jump into your Re-Leased account and begin generating late fee invoices for your tenants today.