Jared Frank, Treasurer
This FAQ page is for people interested in using GreekBill’s services. If you are a member or parent please visit our Member FAQ page.
- 1.1What is GreekBill and how long have you been in business?
- 1.2What are the benefits of using GreekBill?
- 1.3What makes GreekBill different from the rest?
- 1.4What is your service record?
- 1.5What are the benefits of being internet based?
- 1.6With such a high turn over rate in members, is it easy to use the system?
- 1.7Does GreekBill work better for a particular size chapter?
- 2.1How do we set up our chapter?
- 2.2What are the costs associated with using GreekBill?
- 2.3What should I expect during the implementation process?
- 2.4What information will you need to start our account?
- 2.5Is there someone that can train me to use the system?
- 2.6Who do I contact if I am still interested in learning more about GreekBill?
- 3.1How quickly can bills go out after setup?
- 3.2Do you offer real-time reporting?
- 3.3Can our chapter bill monthly or once a term?
- 3.4What happens if someone is billed incorrectly?
- 3.5How do we receive our money?
- 3.6Do I have an assigned chapter representative or do I just call into the office and
assume anyone can assist me?
- 3.7How do members make payments?
- 3.8Do you offer collection services?
- 3.9Are you a licensed vendor of my organization?
GreekBill is a secure web-based billing service catering exclusively to the Greek Community since 1996. Through the use of our billing and collection portals along with our customer service, GreekBill has reached an overall collection percentage of 98.2% for the chapters we service.
GreekBillís services give your chapter a sound financial structure and increased organization. We offer online reporting, electronic contracts, budgeting tools, online payment options and quality customer service. Our product allows your chapter to work in a more efficient and professional manner. Treasurers can add charges, adjust balances, monitor the chapterís financial status and edit member and chapter information from their secure chapter portal. If additional help or troubleshooting is needed, a chapter representative or member support representative is a call or email away.
In addition, by removing the job of collecting from friends and fellow housemates the treasurer is not negatively viewed in the house. Collecting from friends can prove to be a very difficult situation that ends up leaving the house with unnecessary outstanding balances. GreekBill eliminates this pressure by doing the billing and collecting for you and your chapter.
While these are just some of the extraordinary benefits GreekBill can offer your chapter, make sure to contact firstname.lastname@example.org for the rest!
GreekBill offers competitively priced services with cutting edge features. Our goal is to offer the most advanced and useful technology available. GreekBill was featured in the Wall Street Journal as ďan effective option Fraternities and Sororities have utilized to solve their accounts receivable problems.Ē For an additional list of services that set us apart from our competitors please contact email@example.com.
Since 1996, GreekBill has had an average collection rate of 98.2% for the chapters we service. We continually measure our performance to make sure we are meeting the standards of all our chapters.
GreekBill is completely internet based which allows you to check your account anytime and anywhere by simply logging in through the website. Each of your members will be able to access their account and make payments 24 hours a day, 7 days a week. In addition, your chapterís treasurer and/or executive board will be able to view your chapterís complete financial status 24 hours a day, 7 days a week. No matter where you are: school, work or home, you have access to your GreekBill account.
The GreekBill system was created with a high turnover rate in mind. Our user-friendly site allows treasurers to make the necessary adjustments online or with the help of their assigned GreekBill chapter representative.
The system works in real-time, so you can always view up-to-date information on every memberís status and balance due. This allows for quick and easy adjustments to member status and account information.
GreekBill caters to chapters of all sizes by offering our Full Service and Lite Service options.
GreekBill was founded on our Full Service approach to the billing and collection process. Our philosophy has been to listen to our customers, innovate on their behalf and deliver the solutions they demand. With this in mind our Full Service not only offers online services and customer support but also offers customized contracts, alumni donation pages, budgeting services and an extensive collection process. In addition, one of the main benefits of the Full Service is the handling of all billing questions and calls allowing the treasurer more time to focus on budgeting rather than collecting.
For our smaller chapters and colonies we created GreekBill Lite. It is ideally suited for chapters that typically do not have members living in a Fraternity or Sorority house. It helps small to mid-sized chapters organize their finances, give their members multiple payment options and enhance their financial reporting capabilities.
By offering both products we are able to service chapters of all different sizes across the nation. To learn more about the differences between our products visit out Services page.
To set up your chapter please call our sales department at 800.457.3816 ext. 709 or email firstname.lastname@example.org. We look forward to speaking with you!
The cost of using GreekBill depends on the service you choose. GreekBill Lite is a flat fee per semester while the Full Service is a percentage based on your chapterís budget. Visit our Get a Quote page to request a rate quote.
The implementation process consists mainly of gathering member information and working with your chapter representative to set up a customized billing schedule. It is a simple process the treasurer is led through step by step with his/her assigned chapter representative.
Once your chapter has decided to use GreekBill your chapter representative will contact you and let you know specifically what is needed from your chapter. However, the basics include a signed contract, the names of all active and inactive members, as well as their billing addresses, phone numbers, email addresses, and balances (both past due and current). From there you will work with your chapter representative to set up billing cycles, due dates, payment plans, and anything else your chapter would like to do.
Each chapter will be assigned a chapter representative who will walk you through an initial training but also provide you with a video training of the system. In addition, the chapter representative will train all incoming treasurers and is available to answer any and all questions regarding the account.
You can call us Monday through Friday, 8:30am to 5:00pm PST at 800.457.3816 ext 709 or email us at email@example.com.
The turnaround time is typically 48-72 hours after we have received all necessary information and set the billing cycle and due dates.
From the chapter portal, the account administrators designated by the Treasurer can view complete financial status 24 hours a day, 7 days a week. These reports can be downloaded into a variety of formats to be used in excel, QuickBooks or attached in an email.
Your chapter will get up to 12 bills per year in either service. The Full Service provides both paper and electronic billing while our Lite Service is electronic only. Members have the ability to set a preference for their bill type.
Account adjustments are made online by the treasurer or by calling/emailing your chapter representative. All accounts can be easily adjusted at any time.
GreekBill direct deposits funds collected into the chapterís bank account weekly. These deposits allow chapters to have complete control of their funds and keep an organized record of when they received deposits from GreekBill.
Every chapter representative in the office is trained on the system and can answer most questions; however you will be assigned your own chapter representative for more specific issues. The benefit of having an individual chapter representative is that he or she will know all the details on your account allowing for better customer service and faster answers and results.
Members can choose from a variety of payment methods, including Credit Card, Electronic Check (Automatic Draft from a checking account), Check, Money Order, and Electronic Wire. Debit cards can also be used as long as they have a Visa or MasterCard logo on them. Credit Card and Electronic Check payments can be made online 24 hours a day, 7 days a week. GreekBillís website is secure for online payments; the security verification information is available at the bottom of our homepage. Members can pay by phone Monday through Friday, 7:00am to 5:00pm PST by calling the GreekBill office. Members can also mail a check to GreekBill or give a check directly to the treasurer. Additionally, members on payment plans can have Credit Card or Electronic Check payments processed automatically on the scheduled due dates. These options allow members a tremendous amount of flexibility which in turn leads to a higher collection rate.
GreekBill offers an extensive collection service to both our Full Service and Lite Service chapters. Fees vary depending on which service your chapter is using. In order to take members to collections it is always best to have their most updated contact information available.
We are a licensed vendor with over 40 national organizations nationwide. To see if we are licensed with your organization, please visit GreekLicensing.com and select your organization.
For more information and answers to additional questions please call us at 800.457.3816 ext. 709 or email us at firstname.lastname@example.org.
We look forward to working with you!
The GreekBill Team