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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

Features comparison of DDMS and RFMS
Feature DDMS RFMS
Direct deposit of federal, state, local and private pension checksIncludedIncluded
Automated care cost payments with resident allowance retentionIncludedIncluded
Improves cash flowIncludedIncluded
Electronic direct deposit enrollment of all federal checksIncludedIncluded
Daily reporting of all resident transaction activityIncludedIncluded
Unlimited toll free customer supportIncludedIncluded
Direct debits from resident or family accounts at any bank to pay for careIncludedIncluded
Reclamations and returns processed for decedent and closed accountsIncludedIncluded
Interfaces with other A/R systemsIncludedIncluded
Representative payee not requiredIncludedIncluded
Free banking softwareIncludedIncluded
Free resident fund trust softwareNot includedIncluded
Individual resident fund statementsNot includedIncluded
IRS 1099 interest earned processing and reportingNot includedIncluded
Controlled disbursementsNot includedIncluded
Automatic resident fund trust reconciliationNot includedIncluded
Interest allocation to individual resident fund accountsNot includedIncluded
$200 notification lettersNot includedIncluded
Built-in fraud protectionNot includedIncluded
Complete off-site data back-upNot includedIncluded
Ensures uniformity throughout the corporationNot includedIncluded
Rejects withdrawals that would overdraft a resident accountNot includedIncluded
Irrevocable burial accounts availableNot includedIncluded
Separates and never co-mingles resident and facility moniesNot includedIncluded
Provides a complete audit trail and simplifies auditsNot includedIncluded

Add-ons

Add-ons comparison of DDMS and RFMS
Feature DDMS RFMS
Remote Deposit CaptureIncludedIncluded
RFMS FamilyIncludedIncluded
Learn about DDMS Learn about RFMS