AquaSplit

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AquaSplit is utility billing software that automates RUBS cost allocation and payment collection for residential property managers. Using AI, it scans utility bills to extract data like amounts, dates, and meter readings, flagging unclear bills for manual review. Costs are allocated via occupancy-based splits, square footage, or hybrid methods, with prorated charges for mid-month move-ins and move-outs. The software detects discrepancies from settings or occupancy changes and reconciles them with one click. Monthly itemized invoices are auto-generated and sent to residents, who can pay via ACH, cards, Zelle, Venmo, PayPal, cash, or checks, with all payments reconciled in the system. A resident portal provides access to utility bills, allocation formulas, account statements, and payment history. Compliance documentation, including audit trails and disclosure logs, is maintained for regulatory needs.