Improve Cash Flow and Efficiencies With New Aline Payments
Aline Payments takes the burdens out of payment processing, so you optimize your revenue potential.
Slow processing times, a mounting backlog of past-due accounts, inconvenient payment options — sound all too familiar? With the introduction of Aline Payments, senior living operators can finally overcome the burdens of outdated payment portals.
These legacy systems often lack the automation, flexibility, and integration needed to streamline payment processing, leading to financial setbacks, reduced efficiency, and lower resident satisfaction. Aline Payments tackles these issues head-on with its collection of unified, automated tools designed to accelerate cash flow and optimize workflows by:
- Offering a variety of transaction methods.
- Supporting multiple payors.
- Scheduling recurring payments with ease.
- Expediting reconciliation processes.
- Delivering comprehensive transaction and settlement reporting.
And that’s just the beginning. Stop wasting hours each month chasing down payments —let Aline Payments streamline your processes, save you time, and simplify payment management with a comprehensive solution.
Challenges in Managing Senior Living Payments
In today’s fast-paced environment, relying on outdated payment systems can lead to many issues that not only burden your staff but also hurt your financial growth and disrupt the resident experience. Do these senior living challenges sound familiar?
- Reduced cash flow and revenue growth from slow payment processing and large amounts of debts: Delayed payments create a bottleneck that restricts the flow of funds needed for day-to-day operations, investment in resident care, and community improvements. Large amounts of outstanding debts exacerbate this issue, making it difficult for operators to plan for growth or reinvest in their communities. This cycle of slow payments and accumulating debts not only disrupts cash flow but also jeopardizes long-term financial sustainability.
- Overburdened staff and excessive errors from hours spent manually processing payments and reconciling accounts: Manually handling payments and reconciling accounts wastes valuable time that’s better spent on strategic initiatives. At the same time, this increases the risk of errors, such as data entry mistakes and misapplied payments. These errors demand extra time to correct, which can frustrate both staff and residents and reduce operational efficiency.
- Frustrated residents and families from inconvenient methods for paying deposits, monthly rent, and other fees: Your long-term growth relies on cultivating a satisfied and loyal community. Happy residents are more likely to stay longer, boosting your move-in ROI, and they naturally become advocates, referring others to your community — without added marketing costs. However, relying on outdated and cumbersome payment systems erodes this satisfaction and leaves your community vulnerable to competitors with more modern, user-friendly solutions.
Streamline Billing, Enhance Collections, and Elevate Resident Experience
With streamlined workflows, enhanced payment flexibility, and a user-friendly experience, Aline Payments helps you optimize your financial operations while ensuring a seamless experience for everyone involved.
Increase Efficiency
Save hours each month by simplifying workflows to bill residents, manage payments, and quickly reconcile transactions. A community-wide dashboard gives you easy access to a snapshot of invoices, scheduled payments, overdue balances, and recurring payments. With detailed reporting, you can quickly find any transaction filtered by resident, community, transaction type, payment type, transaction status, and settlement date.
Maximize Cash Flow
Speed up collections with flexible payment options, including credit cards, debit cards, and ACH payments, for monthly rent, deposits, and fees. Real-time processing for full or partial refunds eliminates waiting days or weeks for transactions to settle.
Offer User Convenience
Make life easier for your residents and other responsible parties with a user-friendly platform for reviewing their payment history and statements, making one-time payments, scheduling recurring payments, and splitting bill payments. Along with user convenience, these tools provide another avenue for supporting better financial planning and maintaining steady cash flow.
Aline Payments Customer Spotlight
Usability is at the forefront of every Aline solution. Automated workflows and real-time data are powerful tools, but they only deliver true value when the platform is intuitive and easy to use. We know payment processing can be complex, so we designed Aline Payments to simplify these tasks — not complicate them.
But don’t just take our word for it. Here’s what one of our customers has to say:
Aline Payments is easy to use for our staff and residents and their families. Residents and other payors can manage their payments independently without troubleshooting, which makes for a better resident experience. Meanwhile, our staff can effortlessly navigate the reporting dashboards to maintain steady cash flow and boost overall efficiency.Kim Thomas, Corporate business office manager, SilverPoint Senior Living
Improve Cash Flow and Efficiencies With Aline Payments
Building a profitable, thriving senior living community takes a healthy stream of cash flow, optimized operational efficiencies, and a premium resident experience. Learn how Aline Payments helps you streamline billing processes and accelerate collections to achieve these transformative outcomes for your community. Schedule a customized demo today to see Aline Payments in action and experience the difference it can make for your team and residents.