EFT 4

Why EFT - Page 4

How would you like to continue sending out Tuition Statements and continue to enter Tuition Payments month, after month, after month? Here’s how . . . . Assume that you have 200 students _______________________________ Globally Post Tuition Charges Each Month 10 seconds ______________________________________ Make Tuition Statements for All Students Print them, or E-Mail them 17 minutes ______________________________________ Get the Statements to the Students Hand them out in class 40 minutes @ 12 seconds per student $ = cost of 200 sheets of paper Mail them 84 minutes @ 25 seconds per envelope 40 to 84 minutes $ = cost of 200 envelopes, stamps and time ______________________________________ Manually Post Each Tuition Payment 3 hours @ 55 seconds per payment Sit down with a stack of tuition payment checks; go to the correct SRD/FRD, click Pay to enter the student's Payment Window; click Check; enter Total Amount; enter Check #; enter Amount; Double-click the appropriate Income Category; click Save; click Yes you want this category to be recorded Paid. $ = What's your time worth? ______________________________________ Spend time and energy Spend $$$$ Do it the manual, 20^th Century Way It’s the usual CompuDance Payment Way It’s your time and your money YOU		How would you like to never again have to send out Tuition Statements and never again have to enter another Tuition Payment? Here’s how . . . . Assume that you have 200 students _______________________________ Globally Post Tuition Charges Each Month 10 seconds _______________________________________ 0 minutes _______________________________________ 0 minutes $ = 0 _______________________________________ Use the EFT Operation to Post Payments 20 seconds @ .10 second per payment CompuDance finds each student ledger; posts the correct tuition payment; subtracts that amount from the amount due; records the category as Paid; enters the transaction in the student ledger and in the Master Income ledger; creates a file to be uploaded to the CompuDance EFT Processor; prints a list of all transactions. All this for 200 students in less than 30 seconds! $ = $0.30 per transaction ________________________________________ Save time and energy Save $$$$ Do it the electronic 21^st Century Way It’s the new CompuDance EFT Way It’s your time and your money DECIDE