Features

Making Ends Meet Part 7 - Managing admin costs

In the final part of the series, Leah Jones looks at how providers manage admin costs
PHOTO: Adobe Stock

Administrative costs are a significant burden for providers in almost all aspects of nursery life.

Research by nursery management software company Connect Childcare estimated that a nursery manager will spend 1,900 hours on admin per annum. In contrast, those who use software to help with administrative tasks will spend just 100 hours a year.

Using software

‘If you’re doing anything in business, you need software rather than a bajillion spreadsheets,’ says Brónagh McGeary, senior copywriter for nursery management system Famly. ‘It is so important to understand exactly what is coming in and going out.’

Tom Richardson, operations director at Naturally Learning, a group of seven settings in Cornwall that uses Famly, agrees. ‘To control costs, you have to understand them, and having a platform that shows you everything about your turnover is the first step towards that. There’s no point trying to reduce costs if you don’t know what they are.’

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