When health club operators talk about health club revenue management solutions, they generally focus on the way in which these solutions make their job easier. That’s certainly the case. Health club revenue management solutions are designed to handle a gym’s member payments. Their purpose is to remove this aspect of the job from a health club operator’s responsibilities, freeing up their time to focus on other parts of their role. When a new member signs up, they input their card or account information into the software, and then that software automatically charges them their membership due on a specific day of the month. If someone doesn’t pay, the system will notify both the member and the gym, and they won’t be allowed to use the health club until they get current on their payment. These types of revenue management solutions simplify the job of running a health club and make it easier to collect payments.
However, the most beneficial aspect of these kinds of software solutions isn’t that they make the job easier, although of course they do. It’s actually that they save the gym money. There are two components to this. First, these types of software solutions tend to be much more affordable than hiring an account, but they provide all of the same services. They track revenues and expenses, and put the final numbers into a report or document that the health club operate can read each month. They do exactly what an accountant would do, only they’re much more affordable (and effective).
In addition, health club revenue management systems are much more effective at actually collecting member dues. When health clubs use an internal system to collect monthly payments from their members, they’re prone to make mistakes. They might track this information in a document on their computer or with a notebook, but it’s highly possible that individual members will slip through the cracks. If a member gets missed in this kind of tracking system, they might be able to use the gym for months and months without actually paying. Sometimes, the members aren’t even aware that they aren’t being charged, and the health club isn’t tracking the information accurately enough to alert them. Thus, a sizable amount of money isn’t flowing into the gym because the health club isn’t accurately tracking that information. Health club revenue management software solutions don’t make these kinds of mistakes. They bill each member at the same time each month, so the health club can know that every single person in their facility is actually paying on time. If someone misses their payment, the system will notify the gym and delinquency collections will begin.
Revenue management solutions like Debitsuccess from TSG are thus able to save gyms money by ensuring that every single member payment is being collected and by providing an accounting service at a fraction of the cost. If you run a health club or gym anywhere in the country, there’s absolutely no reason why you shouldn’t be using health club revenue management systems like Debitsuccess.