Uncollected Revenue Recovery Services
Is your business losing revenue each month from uncollected member dues? Your fitness club isn’t alone. In today’s health club landscape, the average decline rate on a club’s initial billing is anywhere between 10% and 16%.
From a monthly revenue perspective, if a club is billing $100,000 per month you’re not going to collect on $10,000 to $16,000 or more of that total each month. Even for smaller clubs, that’s a bunch lost revenue especially for a club billing $50,000 per month. The yearly lost revenue figures would reach $60,000 to $96,000 or more per year.
What do you do?
Motionsoft offers three unique revenue recovery services:
Back Office Support Service (B.O.S.S.)
Accounts Receivables Management (ARM)
Full Service
Back Office Support Services
Motionsoft™ Back Office Support Services (B.O.S.S.) provides member strategy, tailored repayment approaches, and member-first communication services spanning cancellation management, freezes, and draft collection percentages of 95% for less than the cost one full-time employee at minimum wage.
Motionsoft’s dedicated Back Office Support Services engagement team will provide member notifications using text messages, emails, and phone calls to inform members that their payment method was declined. All responses from members are directed back to your club so that your business can engage with the member and resolve the declined payment method.
Get PCI certified secure transactions, multiple features for reducing transaction delays and easy-to-read financial statements and reports that will take your club finances to the next level. Get started now.
Why choose Motionsoft?
- The most competitive rates
- Seamless, PCI Compliant integration
- Over $3 billion processed annually
- Industry’s best Automatic Credit Card Updater
- Proprietary credit card recycling process
- Easy-to-read statements and reports
- Best-in-Class Service
