Parent Payment Schedules simplify the finance process for both the parent and your school's Finance Team - big win!
The automated system provides parents with an online platform and the autonomy to choose their preferred payment option, select a schedule that suits them and set up a direct debit so that they never forget a payment.
The automated system provides school Finance teams with ‘set and forget’ billing runs and predictable, trackable income – improving the accuracy of your school’s financial reporting and forecasting.
Automated parent payments reduces late payments and improves cashflow by 11%.
Streamline your fee collection process with automatic processing and communication.
Only you know what works for your school, so you should decide what options to offer parents.
Reduce the risks associated with holding credit card or bank details locally at your school.
Automatically send personalised payment reminders without the hassle of drafting individual emails.
Funds can be deposited into your existing bank accounts.
IMPROVED FORECASTING
Payment schedule automation provides predictable, trackable income - improving cashflow and financial forecasting.
Automation allows parents to consistently pay on time, pay the correct amount and use the correct reference.
With parents opting for automation, you can redirect the energy and productivity of your finance team.