Toby Lester
3 minutes length
Posted: 6th March 2019

Take control of your nursery finances

Professional and passionate staff, happy children and fantastic facilities – your front of house is under control, but how about those time-consuming finances?

When it comes to managing nursery finance, there’s a lot to take into account. Chances are, your nursery collects a wide variety of payments, from attendance fees, breakfast and lunch costs, additional money for trips and even late payment fees. For busy parents, remembering to withdraw cash for ad-hoc payments can be tricky, leading to arrears and potentially debts for your nursery, too.

On average, a nursery could collect hundreds of pounds in cash from parents every week. Keeping large amounts of money on site isn’t ideal, not only due to the security risks. It can take hours to collect, count, process and bank cash and cheques, time that could be better spent doing what you do best – looking after children!

Thousands of nurseries are making the most of paperless communications to engage with parents every day. Digital communication platforms are a fantastic way of saving time and money for your business, and parents love being kept up to date with the latest news from their nursery with a convenient mobile App. With technology proving to be an invaluable parental engagement tool for nursery communications, why should payments be any different?

+Pay provides a sustainable and reliable finance solution for small, large and multi-site nurseries. With online payments, parents no longer need to remember to withdraw cash. Instead, thanks to handy notifications and reminders, they simply log in and pay through the free ParentMail App – the same App they use to manage your nursery communications! Completely socially inclusive, parents can pay via PayPal, credit and debit card, AMEX and PayPoint. More than one parent can access the same account for one child, as well as managing multiple children from one account.

Setting up payment items in the office is quick and simple. With so many different payments to collect, the versatile, user-friendly platform offers daily, weekly and monthly settlement reports, making it easy to manage accounts and keep parent arrears in check. Childcare vouchers can be manually added into the system, effectively managing subscriptions and ensuring accounts are consistent and in balance. +Pay puts the tools into parent’s hands to stay on top of their payments, reducing arrears and debt and cash on nursery grounds – it’s a winner for everyone!

Our flexible platform comes with flexible pricing, too! ParentMail offer subscriptions to suit your nursery’s needs, whether you’re running a small set-up or operating across multiple sites. Our +Pay team will work with you to understand your needs and offer a solution to suit you. Set-up is quick, easy and won’t interfere with the day-to-day running of your nursery and our expert Support Team are on hand to offer help when you need it most.

More nurseries than ever are making the most of ParentMail to share news, request data, collect payments and more, every day. Providing parents with a convenient, free mobile App to stay on top of payments adds that extra special touch to your business to make you stand out against the crowd. Take control of your payments with ParentMail! Get in touch today!