Save yourself the time and hassle by letting us handle billing and collections for you. This removes you from the often uncomfortable task of collecting assessments from your neighbors or pursuing delinquent accounts. Timely collection of assessments depends heavily on having a solid collection policy. If your community lacks a written policy, we can help you develop an effective one. With a strong policy in place, we will implement it for you.
Our financial services:
- Bill and collect the Association’s assessments and any other fees and charges
- Provided a dedicated phone line for owners to call with payment or account balance questions
- Daily deposits of the Association’s revenue using a secure lockbox system through Alliance Association Bank
- Electronic payment options are available through our secure portal. Owners can pay with E-checks, ACH withdrawal, debit cards, or credit cards
- Manage the mailing and communication around late notices and delinquency notices in accordance with your collection policy
- Record liens for non-payment with the County Recorder
- Pay the Association’s vendors, utilities and other expenses on a daily basis
- Process transfers between accounts as directed by the Association
- Act as liaison with our banking partner to enhance investment opportunities and reduce risk
- Reconcile bank accounts at the close of each month
- Provide monthly management reports
