Take Control of Your Accounts Receivables
If your community association is suffering from high delinquency rates and long recovery times for delinquent fees, it’s time to take a proactive approach to community association collections.
The Consequences of Poor Collection Practices
When members of your HOA or Condo association pay late or have decided not to pay their fair share, it causes problems for everyone. Legal fees and dissent between the board and community members are just the start. A long-term pattern of delinquencies can affect your community's ability to become approved for government loans for new owners, or to get loans for capital improvements.
There is an alternative to a legal process of lien and foreclosure. A collections process is the best alternative to foreclosure.
A Better Way to Manage Delinquencies
Axela-Technologies is dedicated to helping create streamlined accounts receivable and collections tools for management companies, condo and homeowners associations and others in the real estate industry. We work with you to get a jump on recovering delinquent funds quickly, painlessly and ethically.
Why Choose Axela?
Predictable Cash Flow
Reduce delinquencies and stabilize your cash flow and prevent the need to take special measures to cover budget shortfalls.
Our proprietary software has resulted in an average recovery time of 67 days. Compare that to a lien judgement where you then have to rent out the unit and collect rental fees!
Our tools can be adapted to follow your governing documents and processes. It's as seamless a process as you will find.
Our tools can provide your manager and Board of Directors with easy to understand monthly reports. You'll have access to your customer portal 24/7 so you can instantly check the status of any account.
How It Works
Watch this video to learn how Axela’s collections tools can put delinquent funds back into your community association's accounts.
Axela’s technology increases recovery times. On average, the use of our collections tools results in money in your community’s account within 67 days of the assessments becoming delinquent.