Accountancy, asked by Akashdeep7013, 1 year ago

reasons for applying different rates to an organisation

Answers

Answered by joelpaul
0
At Regpack I’ve seen my fair share of application processes and different solutions for the same problems. In the process I’ve have seen various companies and organization tackle the issue of limited resources in very different ways. The number one resource most of our clients value is their time and more specifically, which applicants are worth investing in. This goes for many different kinds of programs or camps, including those you need to be accepted to, programs or camps that have limited space or events where the event organizer needs to ensure that applicants are eligible to participate and so forth. One of the most interesting aspects of this issue is the question of application fees, whether to require one or not, and if yes, how much to charge.

Application fees are great since they lock in serious applicants but they also might result in losing potential business from applicants who aren’t ready to commit just yet. Don’t forget, a great online registration software helps tremendously when it comes to collecting and managing application fees and deposits, especially a software that includes a payment follow up and payment communication and invoice system. Below I’ve tackled reasons why you should consider charging an application fee and also why you might want to think twice.

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