HealPay expands into rent collection with new app

by Latoya Irby | | Articles

*This post originally appeared at Concentrate Media on WEDNESDAY, AUGUST 21, 2013

HealPay has made a name for itself for its accounts-receivable software and mobile apps. Now the downtown Ann Arbor-based start-up is expanding into rent collection with a new app, Rent Roll.

“We’re trying to streamline the accounts receivable part of accounting,” says Erick Bzovi, co-founder & CEO of HealPay.

The 2-year-old start-up was looking to get more into merchant services and transaction services so it could harness a more consistent revenue stream. Helping facilitate payments meant they could be paid back within three to six months. Helping landlords collect rents means it can collect money every month.

“We’re really into recurring revenue and payments,” Bzovi says.

HealPay launched RentRollApp early this spring and already has about half a dozen landlords with at least 50 units each signed up. The rentals include multi-units in Sterling Heights and Ann Arbor and accounts for hundreds of thousands of dollars of transactions each month.

It also opened up an opportunity for HealPay’s original accounts-receivable software. Now when renters fall behind on their rent their landlords can switch them over to HealPay’s settlement app to make sure they collect.

Source: Erick Bzovi, co-founder & CEO of HealPay

Writer: Jon Zemke

Read more about Metro Detroit’s growing entrepreneurial ecosystem at SEMichiganStartup.com

About HealPay
HealPay provides innovative, consumer-centric payment solutions to businesses nationwide. Attorneys, collections, receivables, charitable organizations, property managers, finance companies, and other types of billers rely on our solutions to accept multiple payment types online and over the phone with or without a human agent.

HealPay Offers:
  • Merchant account(s) to accept ACH, Debit and Credit Cards
  • Online payments with your firm’s logo & a custom URL
  • Virtual Terminal for one time payments or setup a recurring schedule
  • Consumer friendly payment options with our Settlement Application
  • Consumer portal to view balance information & link accounts
  • Interactive Voice Response, (IVR) Agentless Phone Application
  • Reporting analytics and data to analyze your operations
  • Fast and friendly Support

For Inquires:
Please contact
info @healpay.com
203 E. Washington St.,  Ste. 3
Ann Arbor, MI 48104-2007

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