Do you know, working parents lead a busy schedule especially when it rushes fee payment due date. Similarly, only after the whole fee payment process, they are able to reach their workplace environment. However, waiting in long queues for payment and thereafter reaching the workplace is a tedious task. Whereas for admin, collecting fees for particular classes, entering data and providing fee receipts finds a painful area. Manually depending upon these tasks may lead to human error. Here comes the importance of fee management system.
Investing in School Management Software has all that you desire. For instance, with the emergence of growing technology in the educational sector, parents can move their school payments with the click of a button. For admin, digital payment systems can record all the information safely & securely. In addition, the online fee management system provides a better fee collection system. In other words, administrators can spend their quality time in managing curriculum.
To sum up, technology is expanding in every industry, especially in the educational sector. From the start of our day, to handling day-to-day chores, busy schedules to instant access to information, and various ready to deliver breakfast, lunch, dinner and snack options, we utilize technology.
Being a part of technological advancement, online fee payment is highly beneficial for educational institutions, say schools, colleges and training institutes. However, other than the fee payment system, investing in School Management Software monitors attendance management, administration management and admission management.
On the other hand, technology leads us to perform things much faster & efficiently than manual operations. For example: online shopping simplifies the task of physically being present in the store.
Manual tracking of fee collections in schools, colleges and training institutes is a cumbersome task for administrators. Parents and students need to wait in long queues for fee payments. In addition, a huge manpower is required to complete the entire fee management process. Moreover, entering financial transactions might lead to manual errors in receipts & invoices. Difficult to track due status of students.
We are the generation who pays phone bills, electricity bills online. So why not a fee payment system in schools??
Fee management system is a hassle-free fee customizable process with secured transactions, transparent & reliable, fee report & analytics, fee notifications, data backup, user-friendly, student profile management, and eases quick transactions.
Online fee payments are flexible, user-friendly and convenient for administrators, parents and students. In other words, it offers a simple procedure in just a few clicks. Moreover, it enables users to have a complete view of the entire payment process in a single drag.
It is quite common that few parents close their payments after the due date. Why does this happen? Is it due to their tough routine or due to the lack of notification? However, the online payment system notifies parents before the due date. It reminds them of notifications and SMS alerts sent automatically. Above all, there are many fee payment options available now… Payment Gateway, Credit card/Debit card, Net banking, BBPS Integration, etc.
When fee payment is done online, parents & students find it more convenient to process payments. In other words, they are freed from standing in long queues for academic fee payments. Variety of payment options are available say net banking, mobile app, UPI transfer etc. Online payments are time savers where the entire process is done in just clicks of a button, added with downloaded fee receipts. Above all, not only parents & students, but also administrators can save their time without counting and storing ward fees.
Online fee payments are highly cost saver for schools. They are saved from the cost of ledgers, registers, fee cards, and other relevant documents. Similarly, parents are saved from the transportation cost for paying fees from school. Moreover, notifications on due payments alerts them to pay fees before the due date.
For instance, digital fee payments are much safer through online transactions. Safety & security can be ensured than offline transactions. In other words, it reduces the chance of getting cash lost from children on the way to school.
For instance, school administration can however set fee alerts for each standard. This enables school authorities to automatically schedule fee collection procedures and begin the process timely.
Not a surprise!! Office administration in any industry utilizes a large amount of paper for handling documents. Similarly, school administration demands the usage of paper during the admission process, storage of each student information, attendance management, HR management, fee management etc. This wastage of papers can be minimized using the Administration Management System. Time has rushed to install paperless technology in your institution. Let’s digitize!!
Entire student data is stored in a single platform. This however helps easy access of data by school admin. Moreover, it ensures high security such that only authorized users can access data.
Let’s eliminate the time-consuming process of fee management systems digitally. E-receipts are a one-stop solution to reduce data corruption, loss of data etc. To sum up, once the payment procedure is complete, parents receive an e-receipt notification instantly in their mail-id or mobile number.
Stop your dependencies on desktop devices for completing fee payments. In other words, School Management Software has become pocket-friendly, easing parents to initiate fee payments at their fingertips. Fee payments are not a hassle anymore.
Traditional fee management system demands physical presence of a school admin on school premises for data accessibility. Moreover, parents have to wait in a long queue to submit school fees.
Are you ready to invest in a fee management system? Connect to us for a free demo… An error-free calculation, detailed fee reports, is not just a dream anymore. Track fee defaulters, automatic alerts with notification, simplify fee categories, and experience a personalized portal for students, teachers, parents and staff.
