improve your school's billing process
DESCRIPTION
Discover how to streamline your billing processes and make them more efficient and effective. In turn, you’ll create happier families and quicker, easier payments!TRANSCRIPT
KEEP CALM
AND
IMPROVE YOUR BILLING PROCESS
STEPS IN THE
BILLING PROCESS
STUDENT REGISTRATION
DETERMINE BILLING SCHEDULES
CAPTURE AND BILL ALL
CHARGES
MANAGE RECEIVABLES
FOLLOW UP
WHY IMPROVE
YOUR
BILLING PROCESS
LOWER THE
COST OF DOING
BUSINESS
IMPROVE CASH FLOW
IMPROVE RELATIONSHIPS WITH PARENTS AND STUDENTS
INCREASE REVENUE
WAYS TO IMPROVE
YOUR
BILLING PROCESS
IMPROVE STUDENT
REGISTRATION
GET THE DETAILS RIGHT
ENSURE YOU HAVE ALL THE
DETAILS YOU NEED
ASK IF THERE ARE
BILLING CHANGES
IMPROVE DETERMINING
BILLING SCHEDULES
PAY CLOSE ATTENTION
TO
SECONDARY PAYERS
DOCUMENT SHARE
AND
ENFORCE YOUR PROCESS
ENCOURAGE ACCEPTANCE
OF
ELECTRONIC BILLING
IMPROVE CAPTURING
AND
BILLING CHARGES
BILL EARLIER
DEFINE STAFF DUTIES
BUT
CROSS TRAIN
RIGHT SIZE
YOUR
BILLING STAFF
HIRE THE
RIGHT STAFF
BE PREPARED
TO
OFFER TRAINING
BRAND YOUR
STATEMENTS
IMPROVE RECEIVABLES
MANAGEMENT
MAKE SURE YOUR
BILLS ARE EASY
TO
UNDERSTAND
POST TARGETS AND
REWARD STAFF FOR
ACHIEVING THEM
POST ACTUALS
TO
MONITOR PROGRESS
HOLD YOUR STAFF
ACCOUNTABLE
FOCUS ON
TUITION
IMPROVE FOLLOW UP
MAKE PDF COPIES
OF YOUR
STATEMENTS
ARCHIVE STATEMENTS
PICK UP THE
PHONE
THREE STRIKES
AND
YOU’RE OUT
USE BENCHMARKS
TO
GAUGE PROGRESS
REFER TO THE
TIP SHEET FOR
BENCHMARKS
WHAT QUESTIONS
DO YOU
HAVE? @JEFFSOBERS Slideshare.net/jsobers1