Financial Management Software
Automated renewals allows members to set up automated billing for their membership. This reduces the time, conflict and debt chasing that many associations face when renewal date comes. The ability to offer grace periods and late payments is also available.
Allowing your members to automate their billing when the subscriptions are due makes the process simple and effective. No longer will members have to fret about having to pay setup fees again or not receiving adequate time to renew.
Financial reporting will allow you to understand what segments of the association are running with a profit and the effectiveness you desire. This helps the finance manager to budget for the future whilst analysing trends, tracking retention rates and understanding the true cost of life for members.
Members will be able to reprint past or present invoices and review all transactions for any events, conferences, products, or membership resources that they have purchased through the website, easily keeping track of their finances.
Your association will have the ability to sell and take payments for memberships online via the website. The signup process will display multiple membership options for the member to choose from with pro-rate and annual membership options available.
The easy to use signup process will help your soon to be members choose the membership type that best suits their business needs, usage, finance and habits. Once processed members get immediate access to training services, content and membership discounts.
The association benefits from diversifying and creating recurring revenue streams from multiple sources. These sources include online resources, subscriptions, events, products, training, advertising banners, classifieds and sponsorships.
Members can take advantage of some of the association's offerings in order to market their business. The use of banner advertisements and premium directory listings will help drive clients to the member's website or to call them directly.