Payment Processing for Multifamily Properties

Centralize service contracts and vendor information in a single system of record with Procure to Pay Services. Manage risk by ensuring vendors meet compliancy requirements set by property managers and owners with VendorShield. Streamline the vendor payment process with Yardi Bill Pay. Scan batches of personal, corporate, bill pay and cashier’s checks as well as money orders to greatly reduce processing time.

Yardi Voyager

Client agrees to indemnify and hold Yardi and its respective employees, officer’s agents, shareholders, and directors harmless from any and all Damages resulting from or in connection with the Client’s Bank Agreement or incurred as a result of, or related to, Client’s breach of the Client’s Bank Agreement. CHECKscan. If Client uses or accesses CHECKscan, Client shall comply with all applicable CHECKscan terms and conditions set forth herein or otherwise provided to Client by Yardi from time to time. Transactions with respect to CHECKscan means a check or money order submitted for processing, including resubmissions of rejected items.

JHA MC reserves the right to reject and to refuse to process a Transaction that JHA MC deems, in its sole discretion, may constitute use the processing Services in conjunction with any Excluded Activity. If JHA MC has reason to believe that the Customer is utilizing the processing Services in conjunction with an Excluded Activity, JHA MC may immediately terminate its provision of processing Services to Customer immediately upon written notice to Customer. 7.1   Customer acknowledges and agrees that at the time of execution of this Agreement only business-related Transactions may be processed under this Agreement. No consumer Transactions for personal, family or household purposes shall be submitted without JHA MC’s prior written consent, which may be withheld in JHA MC’s sole discretion. In the event JHA MC grants such written consent, the following sub-sections shall apply.

PayScan

In these instances, JHA MC will provide written notice of the termination on this basis to Customer, which shall become effective upon receipt by Customer. Bill-Pay Payment. In addition to all other obligations established by the Terms, with respect to Bill-Pay Payments, Client agrees to the additional terms set forth in Attachment B attached to these Terms and incorporated herein by this reference and also the JHA MONEY CENTER PROCESSING AGREEMENT incorporated herein. American Express Additional Terms. In addition to all other obligations established by the Terms, Client agrees to the terms how to calculate and use fixed charge coverage ratio and conditions set forth in the AMEX MOG, available at /merchantopguide and other similar terms that maybe published by American Express, which are incorporated herein by this reference.

Simplify Vendor Management

2.3   JHA MC or a Reseller may make available to Customer end-user training and/or Courseware to assist Customer in understanding and using the Services and the JHA MC processing system. The Courseware is a proprietary product of JHA MC and its licensors and is provided to Customer for its sole internal use. JHA MC and its licensors reserve all ownership rights in and to the Courseware materials. For training classes performed by JHA MC or the Reseller at Customer’s site, Customer shall pay the applicable onsite training class fee quoted by JHA MC or the Reseller and the reimbursable out-of-pocket travel expenses of the JHA MC or Reseller trainer who travels to and from Customer’s location to deliver the training session.

1. Client shall not bill or collect from any User for any payments made by the User through the Payment Services unless a Chargeback has been exercised, Client has fully paid for the charge, and Client otherwise has the right to do so.
2. No security procedure for the detection of any such error has been agreed upon between JHA MC and Customer.
3. Any attempted or purported assignment without the prior, express, written consent of Yardi is void.
4. JHA MC may deny access to the Services without prior notice if it is unable to confirm to its satisfaction any person’s authority to access the Services or if JHA MC believes such action is necessary for security reasons.

Easily complete purchases with online catalogs. Maximize spending control with negotiated pricing and real-time budget checks. Reduce per-invoice costs with Yardi PayScan, which includes an automated online approval workflow through vendor payment and automatic recording in Yardi Voyager. We also have a wide range of self-help resources available on-demand.

“Transaction” means i) any debit, credit, ACH, check or walk in payment submitted for processing by a User, including but not limited to prospective tenant application fees, tenant rent payments, other document fees, applicable service fees, and resubmission of rejected items, or ii) Bill-Pay Payment. In addition to property management software implementation and support, we offer a number of services including SEO and PPC management, call center answering and full-service invoice processing and payment. JHA MC is in the business of providing payment processing solutions and related maintenance and support services. This Agreement establishes the terms and conditions that will apply to the initial transaction and all subsequent transactions which JHA MC and Customer enter into pursuant to this Agreement. Speed up rent collection, eliminate bank runs and streamline vendor payments with Yardi Payment Processing. Add convenience for your residents and staff with a complete solution for accounts receivable and accounts payable for residential property management.