A Greener Alternative to Managing Your Association Dues
A Greener Alternative to Managing Your Association Dues
Your homeowner’s association cares about your members and your community.
That is why you are always looking for ways to make your administrative process easier and more convenient for your homeowners. This means giving your members more options, reducing waste, and using your members' funds more efficiently.
One of the most impactful changes you can make is offering greener alternatives to managing association dues.
There are numerous ways you can accomplish this goal, from online, paperless dues, to implementing new software that is easy to use for all members.
Looking to boost your association’s value? Check out these quick tips!
If you are still using outdated checks and paper billing, then this post is for you!
Keep reading to learn the best green alternatives to managing your HOA dues!
Here are Four Environmentally Friendly Ways to Manage Your Association Dues
As an HOA board member, it is important to consider the environmental ramifications of your decisions. One area that often goes overlooked is the management of association dues. Traditional methods such as mailing paper checks or collecting in-person payments can lead to a significant amount of waste and inefficiency.
Here are four quick alternatives to collecting and managing association dues that will reduce negative environmental effects and make paying association dues easier for homeowners.
Online Payments
One of the most straightforward alternatives to traditional dues collection is to switch to online payments. Use a secure portal on your website, and your residents can easily log in and make payments using their preferred methods of payment, such as credit card, electronic check, or bank transfer. This eliminates the need for paper checks and reduces the need for in-person payments, saving time and money.
Automatic Drafts
Another alternative is to set up automatic drafts for residents.
This can be done through their bank accounts or credit cards, and it eliminates the need for residents to remember to make payments on time. This not only saves time for residents but also for the HOA board members who no longer need to chase down late payments.
Go Paperless
One simple way to reduce the environmental impact of managing association dues is to go paperless. This can be done by sending electronic invoices, statements, and receipts, rather than mailing paper copies.
Not only is this more sustainable, but it also makes the process more efficient and saves money on printing and mailing costs.
Encourage Electronic Signatures
Another way to reduce paper waste is to encourage electronic signatures. By using electronic signature software, residents can sign and submit documents, such as contracts and agreements, without the need for paper copies.
Curious about more of the benefits of greener property management? HOA-USA has put together this excellent guide!
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By implementing a few key alternatives, HOA board members can help reduce their association’s waste and make payments more convenient for homeowners.
Not only that, but when you set up an online system for paying dues and fees, all bills are in one place, meaning your administrative tasks are easier to manage for your association employees.
However, managing your association's dues and implementing greener alternatives is not always an easy task. If your association is struggling and as a board member you feel you are stretched too thin, then you may need the Management Plus advantage.
Is budgeting a struggle for your HOA? Check out these simple solutions!
Management Plus has helped dozens of HOAs just like yours find simple solutions for their residents to help make improving your association a breeze. We help HOAs in Cincinnati, Mason, Beckett Ridge, Fairfield, Landen, Loveland, Sharonville, Columbus, Monroe, Northgate, Hamilton, and Lebanon. Your association could be next!
If your HOA could use a boost and some greener alternatives to boot, then it is time to reach out to Management Plus today!
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