Top 10 Benefits of Fee Management Module in School ERP Software

Heard about the days when we were young and used to ask our parents to deposit our fees and get that booklet signed until the next reminder for the coming 3 months ? I’m sure, we all do. Do you ever recall if times were the same as it was then, the majority of schools, parents and students would have suffered unwillingly and unknowingly.

A fees management software is the discovery of and for the new age generation. Without a further ado, all the payments have been simplified to an extent wherein all that a parent requires is just a SMARTPHONE and it’s done.

Looking at the shift from manual deposits to deposits in a click, managing fees for a school has evolved time by time. Unbiased to the classes and availability of the accountant, anywhere and anytime the payment gateways works as a greatest bridging factor to the payments. Fees management software is not just a mere software that simply collects financials and adds to the respective accounts. Infact, a fees management software is the source of a child’s unstoppable learning, even if you’re sitting miles away.

In the times of pandemic, a fees management software has majorly been of help to multiple parents who keep on looking for an undisturbed future for their kids. Speaking of which, it also reminds you of the fees submission dates, due dates, receipts and what not, leaving no chance to raise a penalty onto parents.

10 Benefits of Fee Management System

There are end-number-of-features linked to the fees management system in a school ERP system. Sharing a few here :

1. Works on both mobile app + web.

2. Easily accessible in just a Click.

3. Reminders/alerts/ and notifications.

4. Tracking due dates and defaulters.

5. Immediate receipt generation.

6. Online proof of transaction.

7. Transparency and no hidden charges.

8. Transaction history and statement.

9. Data backup & synchronization.

10. Security and user- friendliness.

CONCLUSION :

In the era where a single mistake in calculation and accounting while maintaining fees is un-affordable looking at the shortage of time a person has. Not just the parents benefit most from the fees management module but also the schools on their end. The bestest of the advantages being the reliability of the software. Moreover, leaving the concept of maintaining accounts and entries in the books like earlier days to consistently switching to the digitalized period. Waiting day long to get the fees submitted by parents on the deadlines to carry important documents along with them for ease of the process, the fees management module came into existence.

Looking at the global uneven outcomes which are affecting schools and growth of a child somehow, schools are being shut for the better but education is not. A healthy education to a child can only be transferred at the spur of the technology and a positive mindset. Therefore, a school management software has indeed become a paramount aspect to invoke a sense of happiness and relaxation from manual fees submission process.

Hence, now it’s easier to focus on delivering education than worrying about other functions.