Make Online School Payments Easy

TABLE OF CONTENTS

    One of the biggest challenges school administrators face is communicating monies due to parents. Small amounts accumulate quickly and lead to a school having a heavy receivables book and, ultimately, little cash flow.  Schools can take their payment acceptance online for easy and secure processing to avoid instances of late or missing payments.

    Improve Parental Engagement

    A school payment solution tracking tuition, transport, extracurricular, and even cafeteria fees can be very beneficial to both parents and schools. At Payment Savvy, we understand how both parties operate and offer custom omnichannel payment options. Whether it be an online payment form, pay by text, or even IVR, offering options allows parents to choose the most convenient way to pay.

    Simultaneously, an online school payment solution minimizes parents’ need to visit the school to make payment physically. It also avoids the frustration of parents wanting to confirm amounts due. It also guarantees the school children will never miss out on a school activity because of delayed payment.

    Advantages of an Online School Payment Solution

    As you can already see, an online school payment system makes it easier for parents and school administrators to manage monies due. Other benefits include:

    • Choose different payment options such as automatic recurring or one-time payments
    • All forms of payment accepted – credit card, debit card, and even electronic checks
    • Payment solutions are fully integrated into bookkeeping programs, such as QuickBooks
    • Parents can generate payment receipts and track balances in real-time.
    • Automatic payment reminders

    Choosing an Online School Payment Solution

    As a school, you might be comfortable with your traditional paper billing system. So why adopt an online payment program? For starters, an advanced payment system improves your account receivables process immediately. As an educational institution, your focus is on creating knowledgeable and curious students – it shouldn’t be managing finances. Leave that process to a trusted payment partner.

    Whether a public, charter, magnet, private, or even virtual school, adopting a secure and simple online payment platform will streamline operations immediately. Any setup costs associated with developing a new payment system will be repaid quickly. Schools also gain a positive parental experience by making payment convenient for them.

    Savvy School Payments Made Easy

    Payment Savvy’s All-in-Done payment solution is fully customized to your school needs. We provide a plethora of real-time reporting and assist in easily managing student financial records. Our set it and forget it automated payment system ensures reminders send regularly and updates you of new payments received immediately.

    As a school, do you think a secure online payment solution will improve your bottom line?  Give us a call – tell us what’s making and what isn’t. We will work hand-in-hand with you to create an intelligent payment system to meet your current goals and future needs.

    As our resident “numbers guy”, Tracy is responsible for Payment Savvy’s financial planning, analysis and projections. With 20 years of accounting experience under his belt with various CPA and high technology firms, we look to him to ensure our fiscal future stays in the black. He is a highly regarded member of our team and we appreciate his hands-on approach and diligent attention to detail.  With Tracy we are able to apply innovative, practical and outcome driven financial strategies to take Payment Savvy to the next level.

    RECENT POSTS:

    Wooden blocks with words 'Recession proof'. Business concept

    What Industries Are Recession Proof?

    By Chad Deatherage | August 7, 2023

    While it is by no means a pleasurable experience, the simple truth of the matter is that recessions are a part of life and something we should accept as an occasional occurrence. We are going to face them once in a while – there is no avoiding that fact. Depending on your perspective (and at…

    A woman holding a debit card with a BIN number on it

    BIN Checker: Understanding Bank Identification Numbers

    By Chad Deatherage | August 3, 2023

    What Are BINs? A Bank Identification Number (BIN) is the first four or six numbers found on any debit or credit card. Essentially, this set of digits specifies the financial institution that issued a payment card. Every BIN number can be checked to prevent fraud and ensure the protection of both merchants and consumers when…

    happy gun shop owner

    Understanding FFL: Types, Application, and Licensing Process

    By Chad Deatherage | July 23, 2023

    The Federal Firearms License (FFL) is a cornerstone for businesses in the flourishing firearms industry. In 2022 alone, a staggering 16.4 million firearms were sold across the United States, underscoring the industry’s robust growth. Furthermore, the U.S. firearm industry’s contribution to the economy is substantial, injecting 28 billion dollars into the economy. This booming industry…