Key Features
Accounts Management
Organise and streamline your financial operations with an efficient account management system:
- User-Specific Accounts: Create and maintain user accounts that are specific to fee collection, saving your finance department from manual workload.
- Multi-Channel Payment Flexibility: Enable various payment modes like credit/debit cards, net banking, mobile wallets and UPI, providing convenience to students, parents and institutions.
- Unified Financial View: Centralise and track all payments and accounts for an overall financial view, supporting precise financial management and reporting.
Application & Admission Fee Management
Make the application and admission fee payment process easier while ensuring a smooth onboarding process:
- Easy Fee Payment: Enable students to pay their seat booking fee, first semester fees, and application fees via the CRM so you reduce manual entries and become more operationally effective.
- Accurate Fee Tracking: Capture and track application, enrollment, and admission fees, ensuring precise financial records and a smooth onboarding process.
- Timely Collection: Facilitate smooth fee collection during the admission process and ensure timely receipt of payments for faster processing.
Hostel, Mess and Transport Fee Management
Centralise and automate the management of service-related fees for greater operational efficiency:
- Comprehensive Service Fee Management: Oversee payments for hostel accommodations, mess services, transport, and additional institutional services through a unified platform.
- In-depth Payment Insights: Obtain real-time views of service-level payment statuses to support improved resource management and budget planning.
- Fee Payment Transparency: Give students and administrators a transparent view of pending payments, statuses, and due dates, enhancing the fee collection experience.
Real-Time Payment Splitting
Enhance payment flexibility and accuracy with real-time payment splitting options:
- Multiple Payment Splits: Split payments across different programmes, services, or fee types in real-time, ensuring funds are allocated correctly according to institutional policies.
- Accurate Fund Allocation: Minimise discrepancies and manual corrections with automated real-time splitting, ensuring seamless financial reconciliation across multiple departments.
Offline Fee Payment Verification
Reconcile offline payments with ease and accuracy:
- Offline Payment Tracking: Simply confirm bank deposits, cheque or cash payments made offline via automated reconciliation systems.
- Comprehensive Financial Oversight: Keep offline and online payment records in sync to give administrators an integrated financial view and minimise errors.
- Simplified Verification Workflow: Streamline the verification process, reducing manual entry and potential errors in the reconciliation of payments.
Refund Management
Automate and streamline the refund process for enhanced transparency and efficiency:
- Automated Refund Workflow: Simplify tracking and approval processes to ensure timely and accurate refund processing.
- Clear Refund Statuses: Give students and parents clear glimpses into refund statuses, building trust and satisfaction with your institution’s financial management.
- Fast and Reliable Refunds: Streamline the refund process through automation of approvals and tracking, resolving issues fast for students and minimising administrative workload.
Effective, Transparent and Trouble-Free Financial Management
Payment Manager Module offers an integrated, effective, and transparent solution to manage institutional funds. This module, with the ability to support multiple channels of payments, real-time splitting of payments, correct fee tracking and refund administration, ensures a hassle-free financial experience for students and administrators. Institutions enjoy decreased manual labour, improved accuracy and transparent financial information, creating a hassle-free and streamlined payment experience.