Online payments help your nonprofit save time and improve its cash flow. They automate payment tracking, eliminate manual tasks, and speed up collection compared to checks or cash. This page is for nonprofit administrators who are still on the fence about offering online payments.
- How can online payments save your nonprofit time?
- How can online payments save your nonprofit money?
- Where can you find more information about online payments?
How can online payments save your nonprofit time?
Compared to payments by check or cash, online payments through Springly eliminate several manual tasks:
- No more manual check deposits at the bank.
- No more tracking down checks for installment payments, such as a membership paid in several installments.
- Automated membership tracking and follow-ups on unpaid dues.
- Automatic bookkeeping entries for transactions, with no manual re-entry.
How can online payments save your nonprofit money?
Online payments strengthen your nonprofit's financial resources:
- Less risk of lost or forgotten payments: misplaced checks, cash never deposited.
- Faster collection than with a check, which improves your nonprofit's cash flow.
- Time saved, reinvested in higher-value activities for your nonprofit.
Where can you find more information about online payments?
📘 Check out our complete guide to online payments on Springly.
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