5 Ways PlayHQ Makes Managing Money Easier

5 Ways PlayHQ Makes Managing Money Easier

Money might make the world go round, but it can also be a pain in the neck when you’re trying to chase registration fees, hand out change, and tally up your club’s income. When you’re managing money manually, there’s a hundred things that can go wrong – and you don’t want to worry about a single one of them when you’re trying to deliver a life-changing sports experience for your community.

Which is where PlayHQ comes in. We’ve partnered with Stripe – a world leader in online payments – to seamlessly and securely handle every aspect of your organisation’s finances.
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No money, no problems

Remember the days of carrying $1000 cash in a lockbox tucked under the passenger seat of your car in between game day and your weekly trip to the bank? So do we – and it still gives us anxiety. Thankfully, every single transaction processed through PlayHQ is completely cashless, meaning less risk for you and your club treasurer, and less stress for players. Now, when they register and order their merch, they can pay for everything on the spot – so when they arrive on the day they’re focused on the game, not finding their wallet.
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Play it safe

When you’re talking about money, security is always front of mind. Stripe has been certified as a Payment Card Industry (PCI) Service Provider Level 1– that’s the highest and strictest level of certification available in the industry, meaning every transaction on the PlayHQ platform is protected by world-leading, bank-level encryption. We reckon if it’s good enough for Google, it’s good enough for our niece’s netball team.
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Discount it your way

PlayHQ lets you create, customise and share a range of discounts and vouchers for your participants to apply at checkout. They could be Early Bird discounts, special prices for returning players, vouchers for family members, or something to help players experiencing financial hardship – whatever you or your club needs. These vouchers can also be added or updated at any point during the season.
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Professional payouts

When it comes to figuring out percentages and association fees, crunching the numbers, and shooting off invoices, it can all get a little overwhelming. So why not automate the entire thing? Every time your club processes a transaction on PlayHQ, the relevant disbursement amount gets paid out directly to your league, association, or governing body – so you can set it up once, then forget all about it.
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Pain-free reporting

Every cent that goes through PlayHQ is tallied up in one of two master spreadsheets, available for you to download at any time through your Admin Portal. One is a transaction report, which shows all your income from registrations and merchandise, as well as PlayHQ’s transaction fees – and the other is a payout report, which details every dollar paid into your bank account. With these two reports in hand, your club’s books are officially balanced. Feels good, doesn’t it?

Check out our Support Portal for a more detailed breakdown of PlayHQ’s payment features – and if you’re having any trouble getting your club set up, just get in touch.

Until next time – we’ll see you on the sidelines!