Otonom Solution

The best alternative to post-dated cheques for rent processing 🙌🏻

post-dated cheque

The best alternative to post-dated cheques for rent processing 🙌🏻

Property managers are usually astonished when they find out about Otonom Solution's services. 

Sounds too good to be true! But after a few presentations of the tool, they soon realize that it's the perfect solution for them.

You are a manager and, like most managers, you worry about always having to invest the maximum amount of time in recovering your assets. rent payments of your buildings. But with Otonom Solution, that's no longer a problem! 

Thanks to our simplified payment system, you can be sure that you'll have the rental payments you need to manage the cash flow of your property portfolio.

What's more, Otonom Solution is easy to use. All you need is a computer and an Internet connection. Otonom Solution is compatible with most specialized real estate software, making management even simpler. 

And, if you're looking for a simple way to optimize check cashing in volume from your office, we invite you to choose Otonom Solution.

Let's take a closer look at how payment management can change a property manager's daily routine.

How does Otonom manage cheque deposits?

If you have bank accounts at several financial institutions, you know that you're obliged to have a check scanner for each bank you want to make deposits for. If you've ever tried to manage several scanners at the same time, you know it can be a real pain.

You have to take into account the requirements of the different banks and make sure you're using the right scanner for each bank, not to mention the office space involved. It's very expensive to use.

It's time-consuming and frustrating. But what if there was a better way?

With Otonom Solution, you can avoid having to travel to different banks and manage different scanners. That's the promise of Otonom Solution, a universal bank! We offer a service that's unique in Canada: a multi-institutional service, for both the scanner service and the bank transfer product.

Now you can have one scanner for all Canadian banks! What's more, Otonom Solution lets you scan 100 cheques a minute in the comfort of your office, for all your customers or buildings.

There's no need to consider different bank requirements or use different scanners. Our service is fast, efficient and saves you time and frustration.

monthly cheques

 

What happens with cheque errors?

Cheques can be rejected if the recipient is mistaken, leading to delays and frustration.

With Otonom Solution, most cheques can be cashed without a hitch. And if ever there's a problem with a check, Otonom Solution works with you to find the best solution.

Say goodbye to the stress of misidentified cheques and hello to easy deposit.

Can money be frozen before it reaches your account?

When it comes to banking services, one of the most frequently asked questions concerns the freezing of funds. And we understand! When an amount is "frozen", Canadian banks can generally take from 3 to 10 days to process the payment. 

If you use Otonom Solution's services, there will be no freezing of deposited amounts for all cheques under 10k! In fact, the sums will be deposited with our deposit service on the same day, known in popular parlance as the "same day deposit". Same Day payment''

This means that the majority of your funds will be available to you immediately, without any delay. That's great news!

Our multi-bank, same-day deposit service will save you a lot of time and headaches!

 

How do bank charges work with Otonom Solution?

At Otonom, we understand that managing your finances can be complex and time-consuming. That's why we've made it our mission to simplify the banking process.

ith our multi-institution scanner and universal banking service, you only have to pay for one scanner for all your customers.   

We don't charge for each file upload, and our monthly fees are very affordable.

 Whether you're a customer of one bank or several, Otonom is the ideal solution for your banking needs.

The best alternative to post-dated cheques for rent processing

 

How far in advance do you need to send your files for banking transactions?

If you don't use our services, your files should probably be sent 3 to 4 days in advance.

Otonom Solution's innovative platform enables you to carry out banking transactions quickly, easily and securely, without having to go to the bank.

Our online services are available 365 days a year, 24 hours a day, so you can send your files whenever you like.

And, best of all, you can send all your banking files in one go, for all your customers.

And because we use the latest technology, you can be sure that your files will be processed quickly and securely.

 

How do file fees work?

At Otonom Solution, we believe that banking should be easy and convenient. 

That's why we offer a variety of services to help you manage your payments and receipts. 

With banks, most of the time, a file fee must be paid for each submission. When you use our services, no regular file fees will be charged, regardless of the number of files you submit per month. 

 

What happens in the event of a refund or reversal?

In general, refunds and cancellations of previously submitted transactions are not offered. So you have to deal with all the complications involved.

By using our services, all this is possible, without you having to make the payment again. If an error has been made during a direct debit, we allow a refund, and if the transaction has not yet been processed, we allow cancellation. You refund the money or cancel the transaction.

 

How long does it take to open an account with Otonom Solution?

If you're looking to open a new bank account, you might be surprised at how long it can take. 

The average waiting time for an account opening is 1 to 3 weeks, although some banks can do it in as little as 5 working days. 

In comparison, Otonom Solution can open an account for you in just 24 to 48 hours. 

So if you're in a hurry to start making transactions, Otonom Solution is the best choice. What's more, our online banking platform makes it easy to manage your transactions.

 

What about direct debits with Otonom Solution?

Pre-authorized payments offer a number of advantages. 

By definition, pre-authorized payments are initiated by the landlord, not the tenant, giving you greater control over when and how you receive your rent. 

What's more, they are processed electronically, which means they can be found quickly and easily if there are any questions about their payment.  

And, because they're processed automatically, tenants don't need to go to the bank or write checks, which can save everyone time.

Finally, if tenants change banks, landlords can simply update their information with a few clicks. All in all, pre-authorized payments are a convenient and efficient way of receiving the rent.rent payments.

 

Why choose Otonom Solution?

We know that every transaction counts, and that every customer has the right to expect a frictionless payment experience that works every time. 

 

That's why our team works hard to provide the best possible experience for every customer. We know that feeling listened to and supported has a positive impact on the customer experience. 

Our expertise is enriched by regular feedback from our customers, and we are constantly working to optimize our offering so that we can continue to serve our customers in a personalized and attentive way. 

Whether you're looking for a simple payment solution or a more complex integration, we're here to help ensure that your experience is always a positive one. 

In conclusion, for the past 15 years, Otonom Solution has been the ideal solution for managers who want to save time and avoid the hassle of paying rent. 

Thanks to our simplified payment system, you can be sure of getting all your rent payments on time, so you can manage your cash flow more effectively.

And as if that weren't enough, Otonom Solution is simple and straightforward to use - even a novice user can get the hang of it in just a few minutes! So what are you waiting for? 

Contact us today and enjoy the benefits of our innovative payment system.

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