PAYMENT PROCESSING FOR SENIOR LIVING

Maximize efficiency & cash flow

Use Payment Processing to speed up monthly payment collection, eliminate bank runs and streamline vendor payments. Offer convenience with a complete solution for accounts receivable and payable, tailored for senior living.

Features

Offer online payments

Collect monthly payments quickly. Give residents and their responsible parties the convenience of making payments online with secure access and family portals. 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. Online payments are automatically entered in Voyager Senior Housing.

Simplify check processing

Reduce manual data entry, human error and banking fees with Yardi CHECKscan. Checks are scanned, uploaded and automatically deposited into your account. 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 Voyager Senior Housing for all items and permanently store the image files.

Enable WIPS® walk-in payments

Let residents and families pay rent in cash at participating retail locations nationwide. Our walk-in payment system (WIPS) is a one-stop experience that reduces money order issues for staff. This service can be easily added to your existing cash management system. Electronic confirmations are available the next business day, and funds are available within three business days. Not available in Canada.

Automate bill payments

Save time with Yardi Bill Pay, an accounts payable feature that automates electronic vendor payments and includes full-service check writing. Electronic payments are distributed automatically then instantly recorded in Voyager Senior Housing, reducing errors and paper waste. For vendors that don’t accept electronic payments, we can process, print and mail checks for you. Not available in Canada.

Testimonials

  • Joanie Williams

    Joanie Williams

    Watercrest Senior Living

  • Dan Poteet

    Dan Poteet

    Westminster Village

The value of integrated software

There’s huge value because everything talks to one another. Everything’s integrated.

Major improvement over disparate systems

The Yardi Senior Living Suite is a major improvement over having disparate systems not connected to each other.

Clients

FAQ

What is Yardi Payment Processing for senior living?

Yardi Payment Processing for senior living is a comprehensive solution designed to streamline accounts receivable and accounts payable for senior living communities. It enables efficient collection of payments and management of vendor payments, enhancing cash flow and operational efficiency.

How does online payment processing work?

Residents and their families can make payments online through a secure portal. They can log in to view their account balances and pay directly from a bank account, or with a credit or debit card. Payments are automatically recorded in Voyager Senior Housing, simplifying reconciliation.

What are the benefits of using Yardi Payment Processing?

Benefits for senior living communities and their residents include:

  • Increased efficiency: Automated payment collection and vendor payments reduce manual tasks. With Yardi CHECKscan, checks are scanned and uploaded for automatic deposit, significantly reducing processing time and eliminating the need for physical copies.
  • Convenience: Online and walk-in payment options make it easier for residents and families.
  • Error reduction: Automated payment processes minimize human error and banking fees.
Can residents pay their rent in cash?

Yes! Yardi Payment Processing includes our walk-in payment system (WIPS), which allows residents to pay rent in cash at participating retail locations nationwide, providing flexibility and convenience.

Is there support for automated bill payments?

Absolutely! Yardi Bill Pay automates electronic vendor payments and includes full-service check writing, ensuring timely payments while reducing paperwork and errors.

How can I get started with Yardi Payment Processing?

Contact us to get started. We’re here to help!

Can Yardi Payment Processing integrate with other Yardi products?

Yes, Yardi Payment Processing seamlessly integrates with all the products in the Senior Living Suite and other Yardi products, creating a unified platform for senior living operations. Download brochure