PARENT PAYMENT SCHEDULES

IMPROVE EFFICIENCY AND LESSEN THE BURDEN ON YOUR FINANCE TEAM

 

Parent Payment Schedules simplify the finance process for both the parent and your school's Finance Team - big win!

 

For Parents

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.

 

For finance TEAMS

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.

 


HOW DO PARENT PAYMENT SCHEDULES BENEFIT MY SCHOOL?

 

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COLLECT FEES QUICKER

reduce bad debts by 50%

Automated parent payments reduces late payments and improves cashflow by 11%.

 

 

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SAVE STAFF TIME

save on average 2 days per month 

Streamline your fee collection process with automatic processing and communication.

 

 

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REMAIN IN CONTROL

SET THE RULES THAT YOU WANT

Only you know what works for your school, so you should decide what options to offer parents.

 

 

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IMPROVE SECURITY

PCI COMPLIANT DDS1

Reduce the risks associated with holding credit card or bank details locally at your school.

 

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COMMUNICATE BETTER

AUTOMATE AND PERSONALISE

Automatically send personalised payment reminders  without the hassle of drafting individual emails.

 

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KEEP YOUR EXISTING BANK

NO NEED TO CHANGE

Funds can be deposited into your existing bank accounts.

 

Hand MoneyIMPROVED FORECASTING

accurate financial reporting

Payment schedule automation provides predictable, trackable income - improving cashflow and financial forecasting.

 

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SET AND FORGET

aUTOMATIC RECURRING PAYMENTS

Automation allows parents to consistently pay on time, pay the correct amount and use the correct reference.

 

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INCREASED EFFICIENCY

iMPROVE PRODUCTIVITY

With parents opting for automation, you can redirect the energy and productivity of your finance team.

 

 

WANT TO KNOW MORE?

 rEAD OUR BLOG POST 

Still not convinced? Check out our blog on efficient fee collection and payment schedules.

Read blog post here