In this webinar, Benjamin Koch and Alex McNaney, Directors of Financial Services, are joined by 5 panelists to discuss the growing role of electronic payments in the senior living sector. With monthly rent payments totaling $4.3 billion, efficient payment systems are more important than ever.

Key Takeaways:

1. Transitioning from Paper to Digital: Switching to ePay significantly reduced manual billing efforts, with some staff reclaiming up to 99% of their time.
2. Faster Cash Flow: Electronic payments provide next-business-day deposits, improving financial predictability.
3. Enhanced Resident Experience: Digital payments cater to resident and family preferences, fostering goodwill.
4. Efficiency & Accuracy: Automation reduces errors and improves cash management, allowing teams to focus on resident care.
5. Adoption Strategies: Clear communication and training sessions are essential for a smooth transition to electronic payments.