Many nurseries and preschools offer several payment methods such as cash, cheques, standing orders, BACS, debit cards, and credit cards, which is OK, but all these payment methods allow the parents to control your cash flow.
By allowing parents to dictate when they wish to pay you, which in turn creates an aged debt position and leaves you to chase payments.
Direct debits standardise these payments and put you in control of payment dates so you are back in control of your cash flow as well as auto-reconciling their account so no more manual data entry.
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