Virtual Bank Accounts Per Condominium
Every condominium you manage gets its own dedicated virtual IBAN, created instantly when you add a new block. Resident payments land in the correct account automatically — no manual sorting, no misallocations, complete financial separation between buildings.
- Dedicated virtual IBAN provisioned per condominium automatically
- Instant IBAN creation on new block setup — no bank visits
- IBAN embedded directly in every resident invoice
- Automatic payment allocation to the correct building
- Complete financial separation between condominiums
- No manual sorting of incoming resident payments
- Full transaction visibility per IBAN
Automated Payables
When expenses are recorded in Dominium, they automatically enter the payables workflow via Fyorin. Supplier invoices are queued and settled without manual intervention — ensuring timely, accurate payments with a complete audit trail and zero manual processing.
- Expenses automatically entered into payables workflow on recording
- Supplier invoices queued for payment automatically
- Payments processed without logging into a separate banking portal
- Precise administrator control and approval workflows
- Full audit trail of every outgoing payment
- Seamless integration between Dominium and Fyorin
- Real-time payables visibility per condominium
Automated Receivables
Contribution invoices are dispatched automatically, incoming payments are reconciled in real time, and outstanding balances are tracked continuously. The full receivables cycle runs itself — from invoice generation through to payment confirmation and accounting entry.
- Invoices automatically dispatched to residents on generation
- Real-time reconciliation of all incoming payments
- Outstanding receivables tracked and updated continuously
- Payments automatically matched to corresponding invoices
- Overdue alerts sent to administrators automatically
- Residents receive instant payment confirmation
- Full receivables history per condominium and per resident
Give Every Block Its Own Bank Account
See how Fyorin virtual banking works within Dominium.
Book a Free Demo