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Why Fees Management is a must have feature in your college ERP

Posted By admin
23rd December

What is Fees Management System

Fees management is uniquely designed feature in the institute management system that helps colleges and schools to process financial transactions. It includes all type of collections like below.

  • Regular Fees Collection
  • Additional Fees Collection
  • Special Fees Collection
  • Fees Refund
  • Automatic Fees Register Report

It is integrated with industry’s best Payment gateways, students / parents will get option to pay the fees anytime anywhere, they can pay it via Net Banking, Credit Cards, Debit Cards, Wallets etc. All the fees paid by the student / parents will automatically deposited into the institute’s bank account.

 

How Fees Collection Software Can help you?

It reduces the human errors while maintaining the book keeping records. It makes the process more easier and saves the time of payment collection agent. It is very easy to keep all the records digitally and review them later whenever you need them.

 

Let’s look at some fees related benefits below.

 

Send Payment Notifications to Parents

Students and parents can see all the details related to fees in one click in their mobile application specially design for students’ and parents’ use. Details of fees are displayed like due date, due amount. It helps parents keep track of fees and payment dues.

 

Give Fees digital receipts instantly to parents

NeteIMS can send instant digital receipts to parents as soon as they complete the payment online. All the transactions done on the platform are totally secured by industry practices. And this is the most convenient mode of payment for parents today because they don’t have to come to college or school specially to pay the fees.

 

Transection Reports

College ERP can maintain total transection history of the students. By making and maintaining payments digitally, it reduces the chances of disputes among the parents and the institutes.

 

Schools and colleges can manage fees payments however they want. But if they choose to use NeteIMS (College and School Management System) it will become very easy to manage fees collections and maintaining the records. It also have features like Online Exam, Online Study Material management, attendance etc. Now is the time to move to NeteIMS.