Fee Management
Software

Fee Management Software for schools in India streamlines fee collection processes with automation, enhancing operational efficiency and transparency. This comprehensive module facilitates seamless financial management tailored to meet the unique needs of schools.

Benefits of Fee Management Software

This module streamlines fee collection by automating fee management tasks, reducing errors and manual effort. It improves communication with stakeholders through automated reminders and notifications. Schools benefit from customization options that align with their specific fee collection needs and receive comprehensive financial insights critical for strategic decision-making.

Key Features of Fee Management Software

Fee Dashboard

Provides real-time insights into daily collections and detailed dues versus receipts analysis.

Online Fee Payment Gateway

Supports secure transactions via multiple payment methods including credit/debit cards, net banking, and UPI.

Auto Overdue Fee Reminders

Automates reminders through email, SMS, and push notifications to ensure timely payments.

Fee Concession & Waiver Approval Process

The school defines an approval process for granting fee concessions and waivers to students at the time of admission.

Comprehensive Reporting

Generates over 40 detailed reports on fee collection, pending fees, and overall financial status.

Caution/Security Money Refunds

Manages refund requests efficiently.

Fee Collection through ECS and NACH

Facilitates automatic fee collections and bulk payments with Electronic Clearing Service (ECS) and National Automated Clearing House (NACH).

Customized Fee Challan & Receipts

Offers customizable templates for fee challans and receipts to maintain school branding.

Reports

Fee Collection Reports

Breakdown of daily collections and summaries over time.

Pending Fee Reports

Overview of outstanding fees by amount and aging.

Concession & Waiver Reports

Summary of approved fee concessions and waivers alongwith its financial impact.

Refund Reports

Details of processed refunds for caution or security money.

Fee Reconciliation Report

A concise summary of collected fees and outstanding balances, verifying financial accuracy for a specific period.

Student Ledger

Individual financial records of individual students, including payments, dues, and transactions.

Canceled Fee Receipt

Records on canceled fee receipts for audit trail clarity