What is Online Fee Collection software for schools?

Online fee collection software is a highly efficient tool for schools and institutes to micro-manage financial and accounting processes while promoting new techniques to automate entire fee management. The software is a collection of features that help schools automate fee management aligned with online fee payment gateway and insightful analytical dashboards for decision-making.

What are the benefits of using Fee Collection software for schools?

Changing the conventional methods to manage fee collection, the software uses multiple strategies and features to streamline the complete fee management of your school. Receive payments through secure payment gateways including methods like net banking, credit/debit cards, and UPI. Stay relieved with auto fee reminders, customized fee challan & receipts, and report creation for analysis.

Who is the best Online School Fee Collection software provider in India?

Revolutionizing the system of fee collection with its unique and automotive software, Edunext Technologies stands tall in the field of education as the best online school fee-collection software provider in India. Utilize bulk payment collection option through ECS & NACH, making the entire payment process very conventional. Comes with communication templates to send fee reminders, and push notifications to reduce payment delays.

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