Comparison

Find the resident fund management solution that fits your facility.

Compare DDMS and RFMS feature by feature. Both deliver direct deposit and automated care cost payments — RFMS adds the complete resident fund trust accounting system.

Features

Feature DDMS RFMS
Direct deposit of federal, state, local and private pension checks
Automated care cost payments with resident allowance retention
Improves cash flow
Electronic direct deposit enrollment of all federal checks
Daily reporting of all resident transaction activity
Unlimited toll free customer support
Direct debits from resident or family accounts at any bank to pay for care
Reclamations and returns processed for decedent and closed accounts
Interfaces with other A/R systems
Representative payee not required
Free banking software
Free resident fund trust software
Individual resident fund statements
IRS 1099 interest earned processing and reporting
Controlled disbursements
Automatic resident fund trust reconciliation
Interest allocation to individual resident fund accounts
$200 notification letters
Built-in fraud protection
Complete off-site data back-up
Ensures uniformity throughout the corporation
Rejects withdrawals that would overdraft a resident account
Irrevocable burial accounts available
Separates and never co-mingles resident and facility monies
Provides a complete audit trail and simplifies audits

Add-ons

Learn about DDMS Learn about RFMS