About Financial Management Coaching

A Financial Management Coach (FMC) works with child care business administrators (Child Care Centers and Child Development Home providers) to offer specific financial management coaching to identify and implement strategies to strengthen fiscal sustainability and support high-quality programming. The FMC supports programs in understanding business such as enrollment strategies, full-fee collection and cost-per-child calculations utilizing a Child Care Management System (CCMS) software. CCMS helps providers to implement business practices, supports efficient operations, budgeting, fee collection and financial reporting. FMC's will provide services in a collaborative, reflective and efficient manner - according to the contractor’s mission and philosophy along with agency goals.

Do you have questions about the Child Care Management System and process for enrolling? Please contact a Financial Management Coach.

About Child Care Management Software

A Child Care Management System (CCMS) is a software product specifically designed to help child care providers automate their day-to-day operations so that staff have more time to spend with children. CCMS provides digital tools for tasks such as enrollment, daily attendance, billing, waitlist management, hourly ratio reports, daily activities in classrooms, communication tools for families and more! Two CCMS vendors were selected by the state, brightwheel and Playground, connect with a Financial Management Coach (FMC) to learn more.

• CCMS Provider Selection Tool (in Excel)
• See what Playground has to offer and schedule a demonstration to learn even more
• See what brightwheel has to offer and schedule a demonstration to learn even more

What are the benefits of working with a Financial Management Coach?

• Child Care Collaborative of Iowa Business Library
• Business Coaching, Automation & Technology for Child Care Providers flyer

• Working with a Financial Management Coach (FMC) with Child Care Collaborate of Iowa will help child care programs navigate Child Care Management System (CCMS)
• Ensure staff and families are enrolled in CCMS
• Setting up auto payment for families
• Smooth running sign-in/sign-out process
• Manage enrollment
• Implement new communication strategies between staff and families
• Learn how to run reports to better understand the financial side of their business
• Quality to apply for a technology grant
• Review budgets and implement sound business practices

What is required for program eligibility?

• A program must be a registered Child Development Home (CDH), a licensed Child Care Center or in the process of opening a new child care business with the intent to be registered or licensed.

What is required to apply for services?

• Online Application for Financial Management Coaching
• To find out more or apply email FMC@midsioux.org
• Contact our Financial Management Coaches: 844-786-1016

Where are services available?

Child Care Collaboration of Iowa services are available in all 99 counties in Iowa.