Virtual Lockbox Check Scanning

CUSTOMER

Property Management Software to handle the unique needs of the New York real estate market

Virtual Lockbox Check Scanning

The MDS Virtual Lockbox is an integrated check scanning and Remote Deposit Capture (RDC) solution. This system enables you to place all of the checks and money orders that you receive from your clients into a scanner which sorts your deposits by bank account, updates your accounting system and automatically deposits the funds with your banks.

Reduce Your Labor Cost and Increase Your Profitability by:

Eliminating the need to sort deposits by banks account.
Eliminating manual data entry of clients' payments into your accounting system
Eliminating trips to the bank and making your funds available faster
Reducing data entry errors
Automatically rejecting payments from clients on "Do Not Accept”
Automaticlaly storing an image of each payment that you process, allowing for fast and easy future lookups

Download Our Virtual Lockbox Check Scanning System Brochure

“I have been using your Rent Management system since June 1996. I recently switched from the DOS version to the Windows version. When we started using your system back in 1996 we were managing approximately 1,200 units, today we are managing close to 7,000 units and we are as happy today if not...

Leibel Lederman - Rainbow Estates Group