To give you a quick low-down, paper-based direct debit is the direct debit system where payment authorisation is taken from your customers using paper mandates (direct debit forms), whereas, for paperless direct debit it is done online or over the … Continue Reading
Cheqdin Childcare Digest: September 2019
After all the hullabaloo to get online businesses PSD2 compliant by the 14th of September, the SCA storm has finally calmed in the UK. Along with many other UK and EU businesses, we set everything aside and ran all the … Continue Reading
What You Should Know About the Leuven Scale for Early Years?
The blank stare. Indifference. Slumped shoulders. When you are looking after little people with widely varying personalities, it is easy to dismiss many of these behavioural nuances as temporary phases they are likely to grow out of soon. But when … Continue Reading
Cheqdin is Now PSD2 Compliant
Following the second Payment Services Directive (PSD2), we joined hands with our payments partner, Stripe, to bring in Strong Customer Authentication (SCA) – an extra layer of security for the card payments you make for your Cheqdin subscriptions. The new … Continue Reading
5 Important Questions to Ask When Choosing a Childcare Direct Debit Provider
If you are vetting direct debit providers to collect payments for your childcare business, here are a few questions you should ask yourself to make sure you get the best deal. 1. How much does it cost in total? Most … Continue Reading
£66m Announced for Early Years in Government Spending Review
There’s a glimmer of light at the end of the tunnel for early years providers struggling with government underfunding. The Chancellor of Exchequer, Sajid Javid has announced an additional funding of £66m for early years education in his first spending … Continue Reading
3 Processes You Shouldn’t Think Twice About Automating
1. Invoicing Unlike most other businesses, the inherent variability in booking patterns makes invoicing a highly time-consuming process for early years providers and after school clubs. Throw into the mix the variables of funded hours, ad-hoc sessions and optional extras, … Continue Reading
Know Your Invoices
Invoices are records of purchase that allow your customers to pay you for the goods and services you provided them. They can also double as legal tax documents and serve as the all-important tax receipts when it comes to filing … Continue Reading
Automating Nursery Fee Collection: What Are Your Options?
Payment collection and accounting take up a major share of the administrative workload of most businesses. Add to it late-payments and the staggered payment pattern that follows, many childcare providers end up spending up to thirty hours a week on … Continue Reading