Online Fee Management Through School ERP Software

Term fees, bus fees, exam fees, etc. the list goes on and on and the paper works are piling up in the office corner.

By recent advanced technologies of the best school management software, schools move towards cashless deals facilitated through online fee payment methods. It has simplified the complex processes of fee collection, printing receipts, keeping records, etc. with digital channels.

Salient features of online fee management include:

• Fee Payment from anywhere at anytime

With the digitization of fee payments, parents can pay the dues from anywhere around the world, at any time convenient to them. You no longer have to stand in long queues at the school office to pay the fees, but stay at the comfort of your home and pay the fees at ease.

• Individual Fee Records

With a digitalized system of fee payment, school management can oversee individual fee records of each student. Upon entering the student ID number all details relating to the paid fees, pending fees, receipts, etc. are stored for future references.

• Immediate Receipt Generation

Parents or other fee remitters will be satisfied when the receipt of payment comes along immediately. A long time waiting for the fee receipt, even after the money has been debited or credited out of the bank account, is not well appreciated, as they may lose trust in this digital system.

Thus, the fee management system in sync with the school ERP system immediately prints the receipt with the name of the student, ID number, class, division, the amount paid, etc.

• Push Notifications 

Online fee management system of digitalized schools takes special care in implementing push notifications so that parents get constant reminders of the fees dues, the final date of payment without fines, added fine details, etc. 

• Online Payment Methods

Parents can use any kinds of payment methods, such as:

• Credit Card
• Debit Card
• e-Wallets
• Net Banking
• UPI Accounts
• Paytm etc.

The best ERP for schools implements an online fee management system for the smooth functioning of school accounts. Accounts are often head-scratching and complex in its very core the digital medium simplifies the entire process for school management systems.