Spend Management Software – Procure to Pay

yardi accounts payable manual

Our walk-in payment system (WIPS) provides the ease of a one-stop experience and reduces money order issues for your staff. Scan batches of personal, corporate, bill pay and cashier’s checks as well as money orders to greatly reduce processing time. Instantly create receipt batches in Yardi Voyager for all items and permanently store the image files — so you don’t need to make copies. Reduce per-invoice costs with Yardi PayScan, which includes an automated online approval workflow through vendor payment and automatic recording in Yardi Voyager. Instantly create receipt batches in Voyager for all items and permanently store the image files — so you don’t need to make copies. Let residents pay rent in cash at participating retail locations nationwide.

Use a physical or virtual credit card to make vendor payments and eliminate manual credit card processing by depositing funds directly into vendors’ banks through ACH. For vendors that don’t accept electronic payments, we can process, print and mail checks for you, saving significant time and increasing productivity. Save time with Yardi Bill Pay, an accounts payable feature that automates electronic vendor payments and includes full-service check writing. For vendors and owners that don’t accept electronic payments, we can process, print and mail checks for you, saving significant time and increasing productivity. Leverage all the products in the Yardi Procure to Pay Suite to maximize your savings and operational efficiencies.

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Give residents the convenience of making payments online with simple, browser-based access and handy mobile apps. Choose which payments to outsource and retain full oversight of your accounts payable. Maximize utility cost recovery by billing occupants back through your Utility Billing Program. Residents or family members can log in, view their account balance and make payments directly from a bank account or with a credit or debit card.

  • Add convenience for your residents and staff with a complete solution for accounts receivable and accounts payable for residential property management.
  • With full-service, Yardi will process, print and mail checks on a business’ behalf, saving clients significant effort and increasing productivity.
  • Yes, our integration was developed using AvidConnect, a modern API-based middleware built by AvidXchange.
  • Yardi Bill Pay processes, prints, transmits or mails payments, saving significant effort and increasing staff productivity.
  • Scanning may be done by your organization or outsourced to Yardi’s full-service PayScan team.
  • Yardi Bill Pay pulls electronic payments from your Yardi Voyager database and transmits them to your banking network, which sends an acknowledgement file back to Voyager.

Facilitate fast and accurate approvals by quickly routing invoices to the right member of your team. Approvers receive email alerts, then log in to their dashboard to process each invoice. If a need arises to create a final bill before deposit accounting, we have a tool to create that final bill on demand.

Simplify Vendor Management

For vendors and owners that do not accept electronic payments, clients may self-process checks or take advantage of Yardi’s full-service check processing. With full-service, Yardi will process, print and mail checks on a business’ behalf, saving clients significant effort and increasing productivity. Users choose which payments to outsource, retaining full control and oversight. Streamline the way you process invoices with efficient, online approval workflows. Approve invoices faster and make fewer mistakes by scanning paper invoices and converting them into Voyager electronic transactions. Ensure timely vendor payments with Yardi’s virtual credit card, EFT, or automatic check writing.

yardi accounts payable manual

Centralize product and service vendor information with VendorCafe while reducing property risk with VendorShield. Reduce operational costs with an outsourced vendor payment process that completes the automated procure to pay cycle. We deliver modern utility statements clearly displaying energy costs and consumption using data from submeters. Our services include direct occupant billing and online payment options, designed to increase efficiency and maximize NOI.

Payment Processing for Senior Living

Process invoices electronically with Yardi PayScan and gain access to over 2 million MRO products with Yardi Marketplace. Centralize service contracts and vendor information in a single system of record with Procure to Pay Services. In addition to streamlining accounts payable with Bill Pay, Yardi Payment Processing optimizes accounts receivable by making collecting payments easier. Tenants and residents can conveniently pay rent and other fees in a variety of ways, including by check, online, via text or at participating retailers.

Reduce the time and effort it takes to process invoices and payments by cutting out paper altogether—along with the clutter that comes with it. Our solution is integrated with Yardi which means you’re just as little as 45-days away from removing the paper and enjoying a more efficient payment automation experience. See our payment processing solutions for commercial and residential properties. Electronic payables lower the cost of approving payables and reduce errors by eliminating redundant data entry. Scanning may be done by your organization or outsourced to Yardi’s full-service PayScan team. Yardi Bill Pay pulls electronic payments from your Yardi Voyager database and transmits them to your banking network, which sends an acknowledgement file back to Voyager.

Go paperless and reduce manual tasks with an end-to-end procure to pay solution

Process invoices electronically with Yardi PayScan and gain access to more than 1 million MRO products with Yardi Marketplace. Centralize service contracts and vendor information in a single system of record. Manage risk by ensuring vendors meet compliancy requirements set by property managers and owners with VendorShield. Payments are recorded in Voyager in real time, keeping your payables information current. You can choose to pay vendors via mailed check, ACH or virtual credit card. Reduce cost per invoice and enable timely payments by EFT, check or credit card with online approval workflows.

Accounts Payable Automation for Yardi

Avoid late fees and take advantage of early-pay discounts by accelerating invoice processing. Process fast, electronic payments to vendors with Yardi’s virtual credit card. Yardi® develops and supports industry-leading five steps to handling employee complaints explained investment and property management software for all types and sizes of residential and commercial real estate companies. Established in 1984, Yardi is based in Santa Barbara, Calif., and serves clients worldwide.

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