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Financial Management Archives - FACTS Management AU

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Financial Management

Optimising your school’s approach to late tuition fees

Late tuition fees are a reality for most K-12 schools. However, the way they’re handled can be the difference between a growing arrears balance that’s hugely time-consuming to control and a small number of late payers who are generally managed…
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Financial Management Tuition Management
Uncategorized

How to Improve Your School’s Financial Health

One of the biggest factors in your school’s success is financial health. When you have the right financial practices in place, your organisation will be prepared when the unexpected happens – and ready to create a better experience for your…
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Financial Management

5 Benefits of Automating Tuition Fee Payments

Tuition payments are at the heart of your school’s operations. Without a solid approach to tuition management, managing school fees can be a time consuming and error-prone process. Tuition payments solutions like FACTS support your school to streamline the way…
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Financial Management Tuition Management
Uncategorized

Relieving Some of the Burden of Payment Security

As business offices evaluate their processes in the wake of COVID-19 restrictions, changing school policies, and ever-evolving technology priorities, keeping payment compliance top of mind is critical. Maintaining compliance for software applications that process payments is demanding, requiring regular audits…
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Financial Management Payment Forms Tuition Management
Security and Compliance

Helping School Business Managers Meet Key Challenges

The role of the school business manager has always been diverse and demanding. Covering a wide range of functions and dealing with many stakeholder groups, school business managers wear many hats – and the demands on them are growing as…
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Financial Management
Education and Technology

Padua College (QLD) – Elevating tuition payments and improving the family experience

School fee payments have always provided a challenge for schools. Padua College’s original payment process was designed to assist all parents, the multitude of payment options resulted in a growing amount of internal administration work, additional fees and related resources….
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Financial Management Tuition Management

King’s Baptist Grammar School (SA) – Streamlining the payment process to support growth

Student enrolments at King’s Baptist Grammar School were steadily increasing, with plans for continued steady growth each year. The school recognised that there was a significant opportunity to streamline their payment process resulting in a better overall experience for families…
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Financial Management Tuition Management

Emmaus Christian College (SA) – Driving administration efficiency / elevating the family experience

Emmaus Christian College needed a solution that would reduce the work involved in collecting payments, provide families with a better experience and give their finance team more comprehensive information for monitoring and forecasting cashflow. “With FACTS, we’ve reduced a process…
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Financial Management Tuition Management