Pain point
Arrears you can't see until the month is already over
Arrears tracked property by property, in separate files or memory, means nobody actually knows the portfolio-wide arrears position until someone manually adds it all up — usually at month-end, when it's too late to act on the current month.
The problem
A property manager can usually name their worst-arrears tenant. Naming the total arrears exposure across a 40-property portfolio, right now, is a different problem entirely.
Why it matters
Arrears that build quietly across many small tenancies can add up to a serious cash-flow problem for owners before anyone notices the trend, not just the individual cases.
How Meridian helps
- Portfolio-wide arrears visible the moment a cheque bounces or a payment is missed, not reconstructed at month-end
- Arrears tracked against the cheque and payment schedule for every tenancy in the portfolio
- Drill-down from the portfolio total straight into the specific tenancies driving it
FAQ
Can I see arrears trend over time, not just a snapshot?
Arrears is tracked continuously against the payment schedule, so trend over time is visible, not just a point-in-time total.