COLLECTIONS MADE SUPER EASY
Fee Collection Is The Fuel On Which Every Educational Institution Runs.
IFW ERP facilitates a well-informed and accessible fee deposition facility for students and parents online through Net Banking, Debit/Credit cards, etc., a significant hallmark of the Fee Management Module in IFW ERP.
We provide the clients multiple gateways to choose from for payment integration with the system.
What will you get
Module Highlights
- A simple & flexible process of defining and updating fee structures.
- The Module allows setting individual plans and deposit limits.
- Late Fees and discounts can be managed easily.
- Online Fee Collection facilitates hasslefree and foolproof collections.
- Other than this; option to collect fees via Cash, Cheque, Net Banking, DD, Bank Transfers, etc. through a physical fee counter.
- Complete Fee Collection and Dues, along with revenue generated and expected, can be managed and analyzed in this module.
Frequently asked questions
How It's Helpful
- End to end complete Fee Management of all Institutes under a campus through single or multiple fee counters as per need..
- There are multiple payment modes like cash, cheque, bank transfer, challan, and online payment modes, using which fees can be collected by the staff members or paid by the students.
- Dynamic structure Multiple financial entities and Bank Account management for systematic Accounting.
- 4.Provision for managing the discounts given to the students and late fees charged to them, as well as allowing for waiving it off entirely or partially.
- Flexibility to apply customized fee plans to individual students.
- Multiple reports to choose from for Income and Revenue monitoring.
USPs Of Fee Module In IFW ERP
- Integrated with the accounts module.
- Reliable and accountable.
- Scheduled reminders for Dues.
