More community associations than ever are having issues collecting property owner assessments. This is resulting in not only budgetary shortfalls for late payment and bad debt but rising legal fees associated with collecting late payments such as demand letters, lien fees, and foreclosures. Additionally many community associations are struggling with the rising costs of administrating the collection process.

Are you having problems with?

• Late Payments?
• Non payments and high receivables?
• Communicating with late property owners?
• Setting up and monitoring payment plans?
• Notification and statement Costs?

Partner with Financial Data Systems to attack this problem head on. Together we offer a program on ensuring your community association follows accounts receivables best practices.

Our Process:

• Earlier professional receivables management
• High intensity collection
• 3rd party collections systems and expertise
• People - trained professional collectors
• Technology
• Full status report for all in process accounts
• More intense contingency collection efforts upon request

The above process executed consistently will ensure ease of payment for property owners who desire it and will elevate the assessments to the priority which they deserve in the property owner's bills.

Your results

• improve your cash flow with less delinquencies
• increase your income by minimizing non payment
• decrease your expenses for securing payment
• decrease legal expenses associated with non payment

We integrate fully with QuickBooks and many management softwares

For more information contact us.