TimeShareWare Introduces Recurring Payment Interface (RPI)

February 10, 2009 by Perspective Magazine | Timeshare & Fractional Reviews

TimeShareWare, the leading technology platform provider for the shared-ownership resort industry, is pleased to announce the availability of a new interface designed to streamline the process for receiving payments into its TimeShareWare Enterprise and TimeShareWare Professional product lines.  

The new interface, called Recurring Payment Interface (RPI), allows TimeShareWare clients to process automatic recurring Automated Clearing House (ACH), e-Check, and credit card payments via Sage Payment Solutions, a leading gateway for electronic payment processing. As recurring payments are processed, they are imported directly into their respective maintenance fee or loan accounts in TimeShareWare. While the interface is initially designed to function by leveraging Sage Payment Solutions’ tools, the interface can be expanded, as needed, to include other electronic payment gateways that provide recurring payment functionality.

For TimeShareWare’s Chief Operations Officer, Jerry Sandorf, this new product provides tremendous value for many TimeShareWare clients. “TimeShareWare has always strived to provide value-added business solutions that complement our gold quality core applications. The addition of RPI to our product offering expands functionality for our clients while increasing our clients’ ability to offer flexible payment options to their owners without introducing new inefficiencies and overhead into the organization. RPI is without a doubt a win-win-win product.”

Stephen Furrer, Vice President of Operations at InnSeason Resorts, agrees. “We have completed testing the Recurring Payment Interface using the Sage/TimeShareWare integration. This is a milestone for us as our club owner base was pushing to have the burden of their annual maintenance fee spread over months. Without Sage to manage the recurring charges and TimeShareWare’s interface to import and post them, we would be spending too much time and money on these very tedious tasks. Given the nature of the economy our timing could not have been better to implement this integration.”

About TimeShareWare & CondotelWare:
TimeShareWare is the industry standard software platform for shared-ownership, mixed use resorts. Since 1993, TimeShareWare serves all sizes and types of vacation ownership associations, fractional ownership properties, and timeshare resorts including multi-site, single-site, and points-based clubs. The TimeShareWare software platform includes solutions for lead management, contract processing, sales and marketing, owner accounting, loan servicing, property management, reservations, and web-based owner servicing.

CondotelWare is the first full-service software solution designed specifically for condominium hotels. The software helps owners and operators master all aspects of condo-hotel management and administration, including owner accounting, billing, rental rotation, inventory management, reservations, owner relations, reporting, and more.

Contacts:
Mike Norton
Director of Implementation
TimeShareWare
(801) 444-3113 x127
mike.norton@timeshareware.com
or
Candace Vigil
Business Development Manager
TimeShareWare
(801) 444-3113 x104
sales@timeshareware.com
TimeShareWare Website – www.timeshareware.com


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