Recurring Payments. Why They Are A Game Changer For Travel Sports Clubs

March 28, 2023
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As a Travel Sports Professional, we know coaches, managers, and club owners all want to have one thing set, Auto Pay or “Recurring Payments”!

Travel Sports Pro has spent lots of time with ongoing development this feature, continuing to streamline the process of scheduling and automating payments.

Recurring payments is a very effective tool for youth sports clubs to manage their finances and ensure the sustainability of their programs.

Here are our top 5 reasons why:

  1. Predictable Revenue: Recurring payments provide a predictable and steady stream of income for sports clubs, which allows them to plan and budget effectively. It helps sports clubs avoid cash flow problems, and they can make decisions with confidence.
  2. Reduced Admin Time: Recurring payments automate the payment process, which means the club doesn’t have to spend time chasing down late payments or manually tracking payments. This frees up time for the club to focus on more important tasks such as coaching and player development.
  3. Increased Cash Flow: With recurring payments, the club receives regular payments, which means they can pay their expenses on time, invest in new equipment and facilities, and provide better services to their members.
  4. Better Member Retention: Recurring payments make it easy for members to pay their fees on time, which increases member satisfaction and retention. Members are less likely to leave a club if they can easily manage their payments and avoid the hassle of late fees and other penalties.
  5. Better Financial Planning: Recurring payments provide the club with a clear picture of their financial situation, which enables them to plan for the future. They can anticipate revenue, budget for expenses, and invest in programs and services that will benefit their members in the long term.

Our platform includes a recurring payment feature that enables you to set up automatic payments for your players/parents on the back end, also enabling parents to set this up at program registration on the front end, eliminating the need for manual payment entry each time due dates hit. This feature simply ensures that your players stay enrolled in programs, dues are paid, and time is saved by automating payments. The software also generates reports that enable you to track rejected payments, current balances and predict future income, allowing you to make informed decisions about your organizations financial health.

In addition, our Travel Sports Pro platform includes a global payments feature that simplifies the management of payments and billing. With this feature, you can add charges to everyone’s (or a select few) accounts with just one click, and the software automatically calculates various discounts, including multi-program discounts and sibling discounts. You can then send out statements to everyone at once via email and run everyone’s credit card in one go. The software also includes an outstanding balances report to help you track any outstanding balances due.

The goal to running a well organized sports club, is to keep the business organized with systems and processes in place to have the spare time needed to develop players, vet and hire great coaching, create more teams, and scale higher.

Don’t waste any more time on manual payment entry and payment management on spreadsheets or multiple apps/software. Try out our recurring payment feature and global payments feature today, and experience the difference it will make for your club.

Our Free Trial is awaiting any coaches or club owners who want to simplify the difficulty of managing the business.

Author

  • With 19 years of my kids playing sports and coaching since 2006, plus a 15-year background in Web/Software Development, I fused my passions. So, this is a "Passion Project. Bulletproof processes and systems are vital to thriving sports clubs. I provide key tools for registration, payments, messaging, scheduling, reports, and powering websites, ensuring your club's efficient operation.

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