I always use omegafi.org as the webaddress. My chapter has used Omega for about a year and a half. It has some good points and bad points...it really depends on how good of a Treasurer you have.
The basics is they charge us $30 per man per semester (if your dues are more than $500 a semester, I think they charge a percentage) to send out monthly bills and collect money. However, the majority of our members still prefer to pay directly to our Treasurer. This is fine, as long as the Treasurer immediately logs into the Omega page and submits the payment updates. Omega will also pay your annual dues and assessments to your Headquarters (sometimes without even telling you they did it).
We have averaged between a 88% and 94% collection rate during our time with Omega. The biggest benefit we get from it is with those habitually late or non-paying members, and the threat of seriously screwing up their credit if dues are not paid.
My chapter is still trying to decide whether or not the $30 per man is worth what benefits we are getting. Some of the officers want to explore a different way to collect dues...but who knows...this has been the most effective method to date, despite the fees.
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