Collection and management of fees is a very critical operation for most schools or colleges and this is due to the frequent errors and inadequacies that are common in fee management. Using manual methods to coordinate and monitor the fee structure, puts a lot of stress on the clerical staffs.
Besides the huge workload for staffs, the school management also records a great amount of loss. Then comes the question: How can schools properly conduct fee management to reduce loss and inadequacies? By using Rarome School ERP fee management software to automatically calculate and manage term fees, fees concessions, additional fees, lunch fees, balance fees, exam fees and pending fees.
Rarome School ERP student fee management system helps to define the fee structure and dictates the type of fees to be collected for a particular course or class. In fact, the fee management system will efficiently manage the many details of a student’s past, present, and future fees.
When selecting a fee management structure, users should take note of the features, as they will determine the efficiency of your fee structure. The following features are vital in a fee collection management structure; User-friendly, Automatic fee processing, Scholarship management, track fees, online fee payment, auto-invoicing, alerts & reminder, and integration.