I am familiar with it from a chapter management (regional volunteer working with chapters) perspective.
Sigma has been using it since 2009.
I find that most advisors think that it makes management easier.
Deposits are direct to the chapter account, Recruitment Directors/VPs of Recruitment can be issued a prepaid credit card with recruitment budget, rather than waiting to be reimbursed, records are better kept in terms of who still owes what, etc.
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"Remember that apathy has no place in our Sorority." - Kelly Jo Karnes, Pi
Lakers Nation.
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