Asking for payments is never easy. But when you have a business to run and bills to pay, you can’t be left out of pocket for long. Here is a look at some of the best practices to speed up … Continue Reading
Top 3 Things Childcare Providers Hate About Invoicing
Creating each invoice from scratch Varying booking patterns, ad-hoc sessions, cancellations, late fees, funded hours…whew! It can be an absolute nightmare hopping between spreadsheets, Word documents and a pile of paper records – making the calculations and typing out individual … Continue Reading
But, What does Rules-Based Invoicing Really Mean?
We have been talking quite a lot about our rules-based Invoicing lately because we are, well, just so proud of how it’s all shaped up. When we first built our invoicing system, the whole idea was to set the entire … Continue Reading
Direct Debit Through The Ages
Rapid advancement in technology and the revolution brought about smartphones has had a significant effect on how businesses collect their payments. Direct debit solutions and payment gateways have become more affordable and accessible to business of all sizes. But has … Continue Reading
Common Errors in Childcare Invoicing and How to Avoid Them
Handling your invoicing correctly is a key step to ensure your business has a healthy cash-flow and a plump bottom-line. Get the process wrong and you could be on the road to delayed payments, muddled accounts and a strained relationship … Continue Reading
Is Cheqdin’s Direct Debit Right For You?
Cheqdin’s direct debit lets you automate your payment collection and improve your cash flow. Now, is it the right choice for your childcare business? Here are a few questions to ask yourself: How long do you spend chasing payments each … Continue Reading
What Can a Childcare Accounting Software Do for Your Business?
A few spreadsheets and colour-coded folders are about all you need to keep track of your financial data when you start off as a small childcare centre. But as your business grows, you’ll find this system becoming more complicated, time-consuming … 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
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