Smart schools use Karri to collect more tour money and grow their cash balances in more efficient ways.
Open your collection before students even get on the bus.
Parents are still happier to pay with Karri because they can budget, pay incrementally, and use their credit card on our app.
Collecting tour fees upfront doesn’t just mean more money in your bank account.
It means you collect payments you would never have collected otherwise. Essentially, you’re replacing your debtor’s book with a healthy cash flow.
With more cash in the bank, we’ve seen schools successfully go on to:
Cover supplier deposits upfront e.g. buses and accommodation
Grow their cash balances in more efficient ways e.g. in an interest-bearing account
Generally create a happier and healthier cash flow, income statement and balance sheet
Finance Department, Jeppe High School for Boys
It's a no-brainer...
Collect money after the tour
You’re using money you don’t have to pay for tour deposits e.g. busses and accommodation
Lose up to 20% of your tour fees because parents who can’t budget or pay flexibly end up not paying at all
Your school wastes hours chasing after unpaid EFTs
Collect money at least 3 months before the tour
Use this money to pay for tour deposits while the rest of the collected cash works for you
Collect more money because parents can budget and pay smaller amounts over time
Your school gets valuable time back because of Karri’s built-in reminders and flexible payment options
