Quote:
Originally Posted by Kevin
I'd hold that econ major to it then. Yes, it's always cheaper if people would just pay. That goes without saying. But unless you're changing something with regard to enforcement, then nothing is going to change. In my experience, Omega Fi not only improved our collection rate, it also made the Treasurer position a lot easier.
In a chapter without Omega Fi, I imagine the financial performance of the chapter can vary widely, since you get a new treasurer every year. At least you can have probably the most important component of the Treasurer's job, realizing revenue, taken care of.
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I told him that we needed to ensure collections not only from current members but from guys that leave with outstanding balances, and he just emphasized that we can't afford the short-term losses of Omega's 5% collection fee they quoted and we should just write off those losses. He's got more knowledge on the topic and better public speaking skills than me so my plan is to get some older members, like our former Pres and VP Finance to present the case in Chapter for using the service.
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