Finance & payment software for training management

Yes, particularly with platforms like Arlo that are specifically built to help businesses handle all of the back-end logistical processes associated with training and events. Platforms like Arlo contain other features such as event and course management, event registration capabilities, customer relationship management (CRM) features and more.

Any event planning business or business that runs regular events or training can benefit. The key to look out for is specialized features that make the invoicing and payment software suitable for event management. Such as specialized features for managing event bookings and event venues.

There are variety of platforms that can be useful for event companies, the essentials are:

Training Management Software
This software helps in organizing and managing educational and training sessions within events. It’s useful for scheduling, tracking participant progress, and managing certifications.

Venue Management Software
Essential for coordinating space allocations, scheduling, and venue logistics. Venue management software naturally streamlines the management of physical locations for events.

Customer Relationship Management (CRM) Software
CRM systems are crucial for maintaining detailed records of attendees, managing communications, and personalizing customer interactions before, during, and after events.

Some of Arlo’s other noteworthy payment features include:

Customizable and advanced tax settings
Choose how tax is displayed on your website and invoices, ensuring clarity and compliance with your local tax regulations. Adjust settings to show prices either inclusive or exclusive of tax, aligning with your business strategy and customer preferences. 

Set tax status to exempt for certain contacts or organizations, ensuring that their orders are processed without including tax. This feature is particularly useful for managing contracts with tax-exempt entities without publicly advertising these options.

Features to run training and events globally
Operate in multiple countries with ease. Arlo allows you to set specific tax rates and currencies for different regions. For example, courses in Australia can be set with a GST of 10%, while those in New Zealand might have a 0% tax rate, reflecting the regional tax obligations.

Effective communication and tracking
Designate a billing contact to receive all order-related communications. This ensures streamlined communication and order tracking, making administrative processes hassle-free. Easily track orders through various statuses from ‘Awaiting Approval’ to ‘Completed’, with automatic notifications and updates sent to relevant parties.

Detailed order and payment insights
Generate lists of orders by date, status, or specific criteria such as unpaid orders or orders for a particular organization. View detailed line items for each order, including registration and payment details, ideal for reconciling and comprehensive analysis. Create detailed reports on payments, capturing data such as payment dates, amounts, references, and processing fees.

All the financial reporting features you need
Create reports to find out how much revenue your events have generated over a specific period. Identify outstanding balances and billing contacts for follow-up, and create expense reports for individual or a series events + much more. Save your frequently used settings as defaults or favorite reports for quick access.