Zego Pay Lockbox
Outsource paper-based payments handling with Zego Pay Lockbox, a fully integrated, comprehensive, and contactless payment solution for property management companies and homeowner associations.
A modern property management lockbox for multifamily & HOA payments
When homeowners and residents pay online it’s ideal, but some aren’t ready to let go of paper checks. As a result, your on-site staff can spend hundreds of hours each month scanning checks, making deposits, and reconciling payments. With Zego Pay Lockbox, multifamily residents and homeowners get the flexibility to pay how they choose, while you enjoy an automated end-to-end receivables process.
Improve security and efficiency by automating the end-to-end receivables process
Zego Pay Lockbox lets you give residents and homeowners the flexibility of paying by check, cashiers check, or money order, while automating the end-to-end receivables process. The manual check processing burden is removed from your associates, giving them valuable time back in their day. Plus, the risk of fraud and theft associated with having paper payments in your office is eliminated.
Lockbox payment processing built for multifamily property management companies & HOAs
Fully integrated platform with one consolidated workflow
With Zego, you won’t juggle multiple platforms to get a clear view of your receivables. Our fully integrated solution gives you a consolidated workflow with one platform, one rules engine, and one reporting system.
Built to meet the needs of property & community management
Access all your accounts receivable payment types from one convenient portal. Easily view and manage checks and exceptions. Conveniently split single checks between multiple tenant ledgers and bank accounts - all seamlessly integrated.
More visibility and control in your hands
With our modern property management lockbox solutions for payments, you maintain control! As soon as checks are received at the lockbox site, they are imaged and accessible in Zego. Plus, your payment rules - such as the requirement for certain residents to pay with cash-equivalent methods - are honored, so you don’t have to worry.
Transition to 100% digital receivables with a property management lockbox solution for rent payments
With Zego Pay Lockbox, give your residents the option to pay by check while automating your end-to-end receivables process. Our fully integrated solution converts checks to digital payments before they hit your office.
Ditch manual payments processes & run your business more efficiently
- Fully integrated solution
- Single receivables platform
- One rules and reporting engine
- Review and reconcile exceptions through Zego
Free up time to focus on what matters most
- 100% digital payments from residents and homeowners
- No more trips to the bank
- Automated reconciliation with your accounting software
- Simple singular workflow that even accommodates split checks
Keep a clear eye on your financials
- Daily scanning as soon as checks are received
- Fast ledger visibility and processing
- Real-time check image visibility in the web portal
- Reduced risk of fraud and theft
Five proven steps to reach 100% digital rent payment adoption
Why our property management lockbox solution is a cut above the rest
Single receivables platform
Process lockbox and all other online payments - including credit, debit, ACH, PayPal and even CashPay - in a single platform.
One rules and reporting engine
Honor your existing payment rules, such as residents who can only pay with a cash equivalent status.
Automated payments reconciliation:
Let our trusted accounting software integrations cut out the manual work associated with reconciliation.
Easy exception and split check handling:
View check images online and quickly allocate them to the right ledger or split single checks between multiple tenant ledgers and bank accounts to accommodate HUD checks, homeowners with multiple dues, etc.
Receive payments as quickly as possible with our conveniently-located P.O. boxes.
Real-time check visibility
Immediately see checks scanned and posted within Zego Admin.
Chat with a Zego expert
Ease the pains of manual receivables management with Zego Pay Lockbox. Outsource your paper payments handling, and free up time to grow your business with automated workflows and enhanced control.
2023 Property Management Operations Report
With survey data from over 600 property operators, learn how companies are managing and improving their multifamily operation efficiency.