Ready to adopt a subscription billing model for your business? PaySmart partners with a number of industry sectors — and it’s not just limited to gyms, martial arts or schools!
Still not sure if your industry sector will work with PaySmart software? We have a direct debit billing solution to suit any sized business for most industries. Contact us to discuss your business needs and we can tailor a direct debit service to help you succeed.
Industry associations have been around for many years, but their modes of operation have changed dramatically in recent times. Digital technology now drives communication, marketing, research and advocacy, and associations have had to keep pace with this evolving world.
The way members pay for memberships is changing too. Traditionally, payments would be made in an annual lump sum, which could put pressure on budgets, even creating a barrier to membership for some.
When you run a dance school, your students, their families and your staff (often just you!) are your primary focus. Creating an inspiring environment where children flourish, make friends and develop a love of dancing is your bread and butter.
Of course, none of that is possible without regular cash flow generated by your class fee payments. And anyone who runs a small-to-medium sized dance school knows that this side of the business can take up a lot of time when you’re chasing overdue fee payments, or when you receive an influx of fees at the beginning of the new term.
PaySmart works with golf clubs and sporting clubs across Australia, helping simplify the process of collecting membership fees and giving club managers more time to focus on building successful businesses.
However many sporting clubs still collect their membership fees annually, making them heavily reliant on that massive influx of membership dollars once a year. In the interim, these clubs must manage outgoing expenditure and wages very closely, and late payments can be cause for great concern. Also, for many of the members, annual fees paid in a lump sum are a major expense to budget for and a big commitment to sign up to.
These days, clubs must make it easy for their members to pay – particularly for younger members who expect an automatic payment option. Direct Debit subscription payments remove the hassle of having to find the cash up front and the time to physically pay the bill each month, as well as the worry that comes with late fees.
Sporting clubs that use a monthly direct debit billing system like PaySmart can transform their cash flow management and engagement with members. With a secure and ongoing line of cash flow, golf and sporting clubs can spend more time working ‘on’ the business, rather than ‘in’ the business.