PayLease, a leading payments and billing provider for the property management and HOA industry, today announced that Michael Foote has been hired as the Company’s Senior Director of Legal and Compliance. Foote is one of the top experts in utility billing compliance, and his lobbying and advocacy efforts have helped shape its regulatory landscape. PayLease clients will be able to leverage Foote’s in-depth knowledge of maximizing utility expense recovery while staying in compliance with evolving regulatory requirements.
Foote comes to PayLease from RealPage, where he served as their Vice President of Utility Billing Compliance. He had previously spent 10 years at NWP Services Corporation as Director of Regulatory Services before its acquisition by RealPage in 2016. Foote was also General Counsel for ista, North America, Inc., a provider of energy management solutions. He also spent several years working as a water rights/quality litigator.
“Michael is well renowned in the rapidly changing arena of utility billing compliance,” said Bill Nunan, CEO of PayLease. “His experience will allow us to continually strengthen our Resident Billing and Utility Expense Management solutions and the ROI they deliver to clients. He’s an excellent addition to our team,” he added.
Commenting on his new role, Michael Foote said, “I’m pleased to join PayLease, particularly as so many property management companies are recognizing how our Resident Billing solution can positively affect Net Operating Income. The regulations surrounding utility billing are complicated and I’m eager to use my expertise to help PayLease’s clientele maximize their utility expense recovery.”
PayLease provides online payments, billing, and utility expense management tools to HOAs and property management companies. Property managers use PayLease to improve their business’ operational efficiencies and boost net operating income. Our solutions are easy to use and are bolstered by the highest levels of security and customer support. Since our inception in 2003, PayLease has grown to serve thousands of property management companies nationwide and is now among the fastest growing technology companies in the United States.