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The benefits of a payment plan are obvious for students. Tuition is broken up into manageable payments over a period of time, yet they do not have to worry about the interest or debt from loans. But has your business office considered the value payment plans provide to them? Payment plans facilitate a steady stream […]
Your school accounting office probably sees its fair share of delinquent tuition payments. In order to reduce tuition delinquency, consider the following strategies. Stay Proactive. Taking measures in preventing delinquency is a simple step with the greatest payoff. To help students stay on top of due dates, Compuwerx offers automated email invoices sent directly to […]
College tuition is a significant expense for many students and families. Fortunately, offering a tuition plan can make this financial obligation more manageable. Encouraging adoption of an online tuition payment plan can bring both peace of mind to your students and also reduce the number of delinquent payments your school office deals with each year. […]
In today’s environment of technology and innovation, it has never been easier to adopt school administration software to all simplify aspects of office work. Cloud-based software is stored on remote servers and accessed via the internet – as opposed traditional systems which are stored on a specific server in the office. The obvious advantage to […]
CompuWerx, a leading provider of payments solutions tailored for schools and universities, is now offering clients the ability to accept face-to-face payments using their mobile devices. The new Swipe ‘n Pay feature integrates with the CompuWerx system so that all payments are recorded and reconciled through a single platform. “We found that many schools we […]
Is your school ready to revamp your accounting process? An efficiently run tuition management system reduces administrative drain and prevents your valuable resources from being left on the table. Here are some tips to getting paid on time and keeping the tuition process running smoothly! Email Payment Reminders in Advance. Even the best-intentioned of us […]
Providing an online school payment processing system is one of the most effective steps a school can take to reduce the time and effort needed to process school fees, to get timely access to funds, and to engage parents and students in school activities. If your school is considering moving in this direction, you have […]
With the introduction of an online payment plan, your school can benefit from increased participation while reducing delinquent payments. Parents and students also stand to benefit from the ease of online payment plans and the financial flexibility that comes with it. In order for your school to most effectively offer an online payment plan (and […]