For Singapore’s managing agents, fee collection across dozens or even hundreds of individual owners is part of the daily rhythm — but it doesn’t have to be the stressful kind. When billing, payment tracking, and follow-up all flow automatically, the entire process becomes calm, transparent, and on time.
Here’s how managing agents can build a calm routine for multi-owner fee collection — and how ccMonet helps make it happen with accuracy and ease.
Each property under MCST management has a different mix of units, area sizes, and fee structures.
Instead of calculating management fees one by one, ccMonet automatically generates invoices for all owners in a project — based on unit data and billing formulas (e.g. per share value or square metre).
Every invoice is tagged to the correct unit, owner, and billing period, ensuring full transparency and eliminating repetitive manual work.
Owners pay through multiple channels — bank transfer, cheque, or GIRO — which makes matching payments tedious.
ccMonet’s AI Bank Reconciliation connects directly to your project’s bank feed and automatically matches payments to invoices by amount and reference.
It flags unmatched or partial payments instantly, so finance teams can follow up with clarity instead of searching line by line.
Calculating overdue interest manually can lead to inconsistency across owners and projects.
ccMonet applies your chosen late-fee policy automatically once due dates pass. The system updates the amount due in each owner’s account, ensuring fairness and reducing disputes — all while maintaining full audit trails.
A calm collection routine depends on visibility. With AI Insights, managing agents can view:
No more spreadsheets or manual aging reports — everything updates in real time.
When owners ask about balances, payment history, or interest charges, you can respond confidently with data straight from ccMonet.
Each invoice, payment, and reminder is time-stamped and stored digitally — easy to retrieve and share during audits or meetings.
Fee collection doesn’t need to feel like a monthly sprint. With ccMonet, managing agents gain an organised, automated routine for multi-owner billing — invoices sent, payments matched, and reports ready without spreadsheets or stress.
Bring calm and clarity to your next billing cycle. Visit ccMonet to see how AI bookkeeping simplifies property management finances end to end.
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