Electronic leasing is one of the latest conveniences that businesses are beginning to adopt. Many property owners are also switching to paperless self-storage billing and term agreements. E-leasing brings various benefits for owners and renters alike — let’s explore a few of the perks.
7 Benefits of Switching to Paperless Self-Storage Billing
E-leasing is here to stay. Here’s how you can benefit from making the switch at your self-storage facility.
Electronic leasing makes everything faster. Click-to-sign capabilities make it easier for tenants to sign documents. Plus, the e-leasing program will catch any mistakes or missed signatures, reducing time spent backtracking. It’s also faster and easier to pull up an electronic document for reference rather than sifting through hundreds of sheets.
E-leasing and billing help self-storage facility owners receive a steady revenue stream. Tenants can enroll in automated billing for fast, consistent transactions. E-billing also facilitates transparency and mutual understanding between renters and owners by giving both parties easy access to agreement documentation.
Paper and printing are expensive. Switch to e-leasing to reduce expenses when signing new lessees. Digital documentation and electronic leasing services also help prevent mistakes, freeing your staff to focus on other tasks.
Improve the Customer Experience
Pleasing your customers helps ensure each storage unit is full all year round. E-leasing makes it easier for customers to sign on, pay their bills and access their agreements. Your e-leasing capabilities will impress current and prospective tenants, leading to consistent revenue.
Fill Vacancies Faster
E-leasing expediates the process of bringing on new tenants. Your customers will also be able to renew their leases at the end of their term automatically.
Simplify Accounting and Tax Processes
Going digital will make it easier than ever for you to keep and access financial records. You’ll save time and money keeping your books with a smaller chance of human error.
E-leasing helps self-storage owners save paper in every sense of the phrase. Beyond saving money, you’ll also contribute to global sustainability efforts. A lease contains page after page of information that you can easily keep digitally. Your customers will thank you, and so will the planet.
Learn More About Self-Storage Facility Management With Investment Real Estate
IRE has opportunities for investors to learn more about the self-storage industry and improve property management with expert assistance. Get in touch to discuss our services for self-storage facility owners.