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RealPage Resident Billing vs ResidentIQ Utility Billing

RealPage Resident Billing

realpage.com

ResidentIQ Utility Billing

inhabit.com

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FigureRealPage Resident BillingResidentIQ Utility Billing
Price from——
Free plan——
Free trial——
Open source——
WebYesYes
Plans published00
Spec score · Property Management Utility Billing Software7.1 (#12)6.9 (#14)
Founded19982016
HeadquartersRichardson, Texas, USAKnoxville, Tennessee, United States
IntegrationsThe service interfaces with major property management software systems to identify billable residents and upload accounts receivable charges.ResidentIQ says it has bi-directional integrations with major property management systems, without naming them on the page.
PurposeResident Utility Billing helps multifamily properties manage resident utility billing and cost recovery.ResidentIQ Utility Billing helps property managers handle utility billing, save time, and generate additional revenue for each property.
Resident paymentsResidents can use eBill and other billing and payment options to process and pay rent and utilities.Residents can pay online inside their existing rent payment portal.

In their own words

RealPage Resident Billing

RealPage Resident Billing is a web service for multifamily properties that bills residents for utilities and supports utility cost recovery. It supports common RUBS and submetering methods used across the United States, including multiple methods at one property. Managers can configure combined rent and utility statements or utility-only statements, including electronic versions. Resident OneBill can bring allocated utility charges together with rent, amenity fees, carried balances and other ledger charges. The service interfaces with major property management systems to identify residents to bill and upload accounts receivable charges; final bills can also be generated in systems such as OneSite. Residents can use eBill and other billing and payment options. For Utilities With Remittances, RealPage Payments processes utility charge remittances rather than onsite staff. RealPage describes redundant data verification and a regulatory database covering rules affecting submetering, billing and energy management. Status Tracker syncs with RealPage project management systems so users can view notes and completed schedule dates and respond to file requests. Pricing is available on request.

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ResidentIQ Utility Billing

ResidentIQ Utility Billing handles utility billing for multifamily properties, combining resident charges and fees into a single monthly bill. Bills can be full-page, postcard or electronic, and residents can pay online through their existing rent payment portal. The service imports utility invoices, scans and verifies them, then schedules payment for each property. It supports submeter installation and existing systems nationally, with readings stored and validated. Using move-in and move-out data from property management software, it can calculate RUBS or read submeters and post amounts to resident ledgers. Vacant Unit Cost Recovery matches charges to occupancy dates so residents are billed for fees incurred while they occupied a unit. Billing fees and methods are audited initially for compliance, and properties receive annual reviews for regulatory changes. Portfolio charts and graphics support performance comparisons, with data export to an external tool of the customer's choice. The web service is powered by AMS Billing and integrates with major property management systems, which the product page does not name. Pricing is on request; prospective customers can schedule a demo.

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