How to Speed Up Your After School Payment Collection?
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
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
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
Is Paperless Direct Debit Worth the Switch?
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 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
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
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