Simplify the financial management of your rental portfolio
Rent collection, vendor payments, and building-level financial tracking: Otonom centralizes your rental properties’ financial operations in a single platform. Compatible with your banks and integrated with your property management software.
Financial management for a rental portfolio is often fragmented
Condo managers must administer multiple associations, each with its own bank accounts and financial obligations.
Too much time wasted between interfaces, files, and software
- rent collection
- tracking received payments and late payments
- managing multiple bank accounts
- vendor payments related to building operations
- financial visibility by building
Each month, a building’s financial management follows the same cycle
Otonom centralizes these steps in a single environment and provides a clear view of each building’s finances
- Tenants pay their rent
- Payments are processed and deposited
- Late or rejected payments must be tracked
- Vendors need to be paid
- Financial operations must be tracked by building
Simplified, structured rent collection
Rent collection is a core operation for rental property managers. It often involves multiple payment methods, ongoing tracking of received payments, and managing late rent.
Otonom helps structure rent collection and provides clear visibility into payments for each building.
Pre-authorized debits
Automated rent collection
Tracking
Tracking of received and pending payments
Management
Simplified management of rejected payments
Reports
Visibility by building and by portfolio
Centralized vendor payments
Otonom centralizes vendor payments and better structures buildings’ financial operations.
- Vendor payments from a single environment
- Clear tracking of payments made
- Payment management by building
- Better organization of financial operations
A clear financial view of your portfolio.
Rental property managers often oversee multiple buildings, each with its own accounts and financial operations.
Otonom centralizes this information and provides a structured view of the entire portfolio’s finances.
- Financial tracking by building
- Centralized bank accounts
- Consolidated view of your condominium portfolio
- Quick access to transactions
Simpler financial management for your teams.
Condominium management requires a high level of transparency toward co-owners and boards of directors.
Your teams spend less time managing financial operations and can focus more on managing your buildings.
- Less switching between banks and software
- Better-structured rent collection
- Centralized vendor payments
- Better visibility into financial operations
Otonom centralizes these steps in a single environment and provides a clear view of each condominium’s finances.
What our clients say
“Before Otonom, approving invoices, printing, and mailing cheques took 3 to 4 weeks. Today, urgent payments can be made and received in just a few days.”
Brittany Bosman
Accounting Manager, Eastern Ontario Property Management Group
“We save a lot of time every month on payment processing. This allows our accounting teams to focus on more urgent files.”
Michael Wilk
President, Wilkar Property Management
“Setting up a new account with Otonom is quick and simple. After the contract is signed electronically, the account is created within a few hours and we’re ready to operate.”
Dean Burgoon
President, Eastern Ontario Property Management Group
Discover how to simplify the financial management of your rental properties
See how Otonom can structure rent collection and vendor payments for your real estate portfolio