Learn How to Add and Manage Recipients for Hassle-Free Payments in Clearing

Discover how to effortlessly add and manage recipients for expense payments in Clearing. Streamline your financial management with Clearing's recipient management feature.

August 17, 2023


Learn How to Add and Manage Recipients for Hassle-Free Payments in Clearing

Managing a large volume of payments to various recipients, including homeowners, vendors, and utility companies, poses a significant challenge for many property managers. The current practice of making payments to recipients through banks or other platforms results in a lack of connectivity with the rest of your technical stack. However, Clearing offers a powerful solution to address this challenge by providing a centralized platform where users can effortlessly add and manage recipients, streamlining the payment process and enhancing financial control.

Clearing, a leading platform in financial management for Short-Term & Long-Term Rental businesses, has introduced a dedicated recipient management feature, empowering property managers to efficiently add and manage recipients from one centralized platform. This eliminates the hassle of using multiple disconnected platforms for managing expense payments.

Using Clearing's recipient functionality, property managers can streamline the process of creating recipients within Clearing and complete payments to recipients, leading to enhanced financial management and reduced manual effort. Clearing's secure ACH network also ensures efficient and secure money transfers, ensuring painless, simplified transactions to recipients.

Simple Steps for Adding and Managing Recipients in Clearing

Step 1: Access the Recipient Section in Clearing

Log in to your Clearing account and click “My Profile” at the bottom of the left side menu. Under “My Profile”, select the option “Recipients”.

Once you click on the “Recipients” option, you will access the recipient management interface. Here you can see the list of added recipients.

Step 2: Add a New Recipient

Simply click on the "Add New Recipient" button at lower right corner to add a new recipient.

Enter the required details, including the recipient's first name, last name, email, US bank account number, and routing number, then click the “Save” button.

Step 2.1: Add a New Recipient While Making Payment

You can also add a new recipient when you're trying to make a payment. Click on “Move Money,” located on the main “Accounts” page, and then select the “Pay someone” option.

Once selected, you can click on “+” sign to add a new recipient.

Clicking on “+” sign will take you to the “Add a Recipient” page, where you can enter the required details about the recipient and save the information.

Step 3: View Recipient's Information

In the recipient management interface, click on the particular recipient whose information you want to view.

Once clicked, you can view all the saved information about the particular recipient. Account information will be hidden, as this is sensitive information that should not be shared without intention.

Take advantage of Clearing's recipient management features and streamline your payment processes in one centralized platform, eliminating the hassle of using multiple disconnected platforms to complete a simple task.

Request a live demo now and discover how to effortlessly add and manage recipients for easy payment completion in Clearing.

Explore our comprehensive knowledge base today to dive deep into other Clearing features and embark on a journey to revolutionizing your financial management experience.

Clearing is a Financial Technology Company, not a bank. Deposit Accounts are issued by Evolve Bank & Trust, Member FDIC.

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