Academia’s Fee & Payment Management System is your go-to solution for the seamless management of all fee-related activities in educational institutes. With Academia ERP, digitize your institute’s accounting effortlessly. Design tailored fee plans for admissions, programs, exams, and more. Enable online payments, track transactions from various channels, precisely match them with students’ fee records and experience efficient receipt management, all in one place.
Fee Management Set Up
- Customize fee plans for various functions such as admission, programs, services, exams, etc.
- Link fee plans to specific programs, batches, and seat types
- Include options for late fee penalties, discounts, and scholarships
Automated Invoice Triggers and Payment Reminders
- Establish automatic invoice trigger points at each student life cycle stage
- Shoot preplanned notifications via various mediums
- Send nudges to various stakeholders for dues & payments
Automated Payment Management
- Integrate Payment Gateways for online payment collection
- Set rules for automatic fee reconciliation
- Automatically generate institute and department-specific fee receipt numbers
- Match receipt numbers to book records using a custom generator
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