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Case Studies The First Academy

The First Academy

Creating a Simple System for Processing Online Payments

The First Academy avoided major financial loss by launching a fully automated, online payment processing system with Formstack.

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Challenge

A paper-based payment system led to inaccurate data collection, inefficient work, manual labor, and major financial loss. The inability to accept online payments created a vast amount of manual data entry for the team, pushing other priorities to the backburner.

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Solution

A completely digital payment process that eliminates paper and manual data entry. Formstack’s forms offer PCI compliant Credit Card fields and secure payment integrations, like Authorize.Net.

Tim Nethers
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“The collections team would not be able to do their job if we could not run our Formstacks with Authorize.Net. We would need to have an entire additional accounts receivable and a second accounts payable person.”

Tim Nethers

Assistant Creative Director at The First Academy

Results

Minimized financial loss with an improved payment process

Minimized financial loss with an improved payment process

Saved nearly $60,000 in annual expenses

Saved nearly $60,000 in annual expenses

Eliminated manual data entry

Eliminated manual data entry

Launched more than 400 digital forms

Launched more than 400 digital forms

Processed more than $100,000 in online payments

Processed more than $100,000 in online payments

Created a better payment experience for parents

Created a better payment experience for parents

Creating a Simple System for Processing Online Payments

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