How to Optimize Rent Collection: Reduce Delays and Boost Cash Flow
• 7 min
Reliable cash flow starts with predictable collections. Use multi‑channel reminders, enable ACH and card payments, and provide autopay to raise on‑time rates. Track delinquency by property and set follow‑up SLAs.
Key steps
- Send staged reminders: T‑7, T‑3, T‑1, and T+3 with escalating tone.
- Offer ACH, card, and pay‑by‑link options; default to autopay at lease signing.
- Publish late‑fee policy and grace periods clearly in the portal.
- Measure on‑time rate, delinquency %, and collection time per property.
SEO keywords
rent collection software, automate rent reminders, reduce delinquencies, property management KPIs