Assessment Payments
Smarter, Faster... Archer
For Homeowners Associations and Condominium Associations, delinquencies are a recurring problem for the community. Late assessment payments can create major cash flow issues and trigger a seemingly endless and painful collection cycle. With collections often mismanaged and overly monetized at the Association’s expense, the legal fees, management fees and countless hours spent chasing your money is inefficient, ineffective and outdated.
With Archer, our proprietary technology provides community Associations with two innovative ways to reduce delinquencies and improve cash flow – all while saving money!
Target Analysis
Traditional hunting of delinquent owners can be time consuming and expensive, with no guarantee of bringing home that prize buck. With Archer's Target Analysis, our technology determines which owners have the ability to pay their delinquent assessments so you spend less time and money. Did someone say "bull's-eye?"
Credit Reporting
Rewarding timely assessment payments, while putting some bite into delinquencies. Credit Reporting with Archer gives you a sharper arrow when it comes to assessments by reporting positive and negative assessment payments to your ownership's credit. Finally, a way for Associations to give credit where credit is due!
BENEFITS
- Protect Property Values
- Limit assessment increases
- Minimize special assessments
- Fund reallocation in Association budget
- Improve homeowner credit scores
- Match board member fiduciary duty
- Improve cash flow
- Reduce delinquencies
- Build reserves
- Improve access for Association loans
- Limit legal fees, bad debt & collections cost
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Calling all Management Companies, Law Firms and Landlords!
Stop shooting arrows in the dark. It’s time to take a targeted approach to delinquencies, with Archer. Are you ready to reduce delinquencies and recovery spend, while improving cash flow? Contact us to get started!