We have added the ability to track and invoice in our Sponsor Management system. This also includes new financial reports as well as easy renewal options.
The updated Sponsor Management page makes it simple to see the status of your sponsors:
There are three Status levels:
- Visible – whether the sponsor logo is visible on your Race Website
- Commitment – What level of commitment do you have from the Sponsor.
- Payment – Whether they have paid or not.
Simply click on the small status button under each sponsor and set the pop-up. You can also set the status in the Manage Sponsor page for each Sponsor.
Invoicing and Payments are also now possible. Each Sponsor has a page where past payments can be recorded, tracked and new invoices can be generated. In this example, 2 check payments have already been recorded as ween in the report table at the top. Those were recorded in the part of the interface on the bottom right. This screen shot also shows how to create an invoice on the bottom right. There are options to determine who pays the processing fee if done online, as well as automatically marking the sponsor as paid when the payment is made.
Once the Invoice is generated and automatically sent to the Sponsor, you can see the status:
The Manage button takes you to the Manage Invoice page, which has full functionality to resend invoice, delete it, and mark it as paid manually:
There is also a Financial Reporting section to see all Payments and all Invoices:
Renewals
We have also made the renewal process for sponsor each year much easier. This page allows you to quickly renew sponsors and set new status flags for all of them when your race is renewed:
This should speed the process of tracking sponsors on a yearly basis.