Automating Owner Statements

Owner statement automation allows you to automatically generate statements for your property owners based on a recurring schedule.

Instead of manually creating statements every period, Millenium Connect can generate them automatically according to your preferred settings.

To create an automation:

When creating an automation, you can define:

Choose a name to easily identify the automation.

Example:

Choose how often statements should be generated:

You can also define the day when the statements should be processed.

Example:

Generate owner statements on the 1st day of each month for the previous month.

Choose which owners this automation applies to:

This allows you to create different workflows depending on your management process.

Before creating the automation, choose what happens after statements are generated.

Statements are automatically generated but remain in Draft status.

This option allows you to:

Statements are automatically generated and sent to owners on the scheduled date.

Use this option when your workflow is already standardized and no manual review is required.

Once created, all your automations are available from the Automation tab.

From there, you can:

Automating owner statements helps reduce repetitive financial tasks while ensuring owners receive accurate and consistent reports on time.