Check Scanning
The PropertyBridge Check Scanning solution seamlessly converts all paper checks (consumer, business, money order and cashiers checks) into electronic payments. Every payment made is fully integrated with your existing accounting system. That means efficient reconciliation and reporting. Plus, all transactions are fully compliant with state and federal laws. 
Benefits of PropertyBridge's Check Scanning Solution:
- Reduces manual data entry and converts paper items to electronic transaction
- Eliminates trips to the bank to deposit paper checks
- Provides a low cost payment type
- Allows property managers to capture all payments electronically
Features:
- Supports single check handling or bulk processing of items
- Resident information is associated with the MICR for faster processing
- View payment status for all transactions via a single interface (approved, refunded, returned)
- Support for all major scanners including RDM 7000, Panini MVX and SB1000
- All checks processed as Check 21 (consumer, business, money order and cashiers checks)
How Does It Work?
- Resident makes payment by paper check
- Community Manager launches the PropertyBridge Community Interface
- Community Manager feeds the resident’s check into a scanner, capturing the image, amount (CAR/LAR) and MICR (bank account and routing number) data from the check*
- Community Manager verifies the dollar amount and processes the payment
- Funds are electronically withdrawn from the resident’s bank account
- Funds are deposited into the property’s bank account
* If PropertyBridge recognizes the checking account, it will automatically populate the screen with the previously provided customer information
