| The Organisation |
Collecting what? |
Replacing.. |
.. and the benefits? |
| Golf Clubs, Coastal/ River Marinas |
Annual subscriptions, levies, donations, berthing fees |
Cheques, standing orders |
Collect all fees annually or monthly |
| Trading companies |
Invoice billings, service charges |
Cheques |
Prompt and reliable payment |
| Independent Schools, Nurseries, Crèches |
Tuition fees, subscription fees, hourly billings but collected monthly |
Banking hundreds or thousands of cheques |
Eliminate late fees, attract more parents through monthly budgeting |
| Accountants, Solicitors, other Professionals |
Convert a once-per-year billing into a monthly income stream |
Cheques |
Make clients’ lives easier; £300 per month is easier to pay than £3,600 per annum |
| Estate Factor, Property Agents |
Property maintenance and service charges, Ground Rents |
Cheques |
Collect all fees on specific dates, reduce administrative effort and costs |
| Nursing Home, Hospice, Charitable Organisation |
Donations, chargeable fees |
Cheques, standing orders |
Continuous and predictable cash flow or revenue stream |
| Health Club, Holiday Clubs & Parks |
Annual dues, rents, site fees |
Cheques, standing orders |
Improve cash flow, reduce member lapse rate |
| Member organisation |
Annual subscription fees (often of small value) |
Cheques |
Automatic renewal reduces member lapse rate, and costs |
