Fee Management
Traditional fee management often involves parents standing in long queues, taking time off work, and dealing with manual paperwork. This method is not only time-consuming but also prone to errors and delays. Parents face unnecessary stress, and schools struggle with the administrative burden of managing fees manually.
SkoolShine offers a comprehensive fee management solution that streamlines the entire process. Schools can easily set up fees for each academic year at the school level, class level, or even for individual students. If discounts are provided, they can be configured at the student level. Our system allows schools to allocate different installments to specific accounts—such as the school’s main account for the first installment and a development fund for the second.
Parents can make payments effortlessly through the SkoolShine app, avoiding the need to visit the school. For those who prefer cash payments, our system allows staff to generate and share receipts instantly. These receipts are available to parents in the app for easy access anytime. Additionally, SkoolShine provides consolidated reporting in Excel format, giving schools a clear view of paid and unpaid fees. Automated reminder messages can be sent to parents who miss payment deadlines, ensuring prompt fee collection.
Key Features
Flexible Fee Setup: Configure fees at the school level, class level, or student level for each academic year.
Discount Management: Easily apply and manage discounts for individual students as per school policies.
Installment Integration: Allocate different installments to specific accounts (e.g., school account, development fund).
Multiple Payment Options: Enable parents to pay fees online through the SkoolShine app, or via cash/cheque at the school office.
Instant Receipt Generation: Generate and share fee receipts immediately upon payment, accessible through the app anytime.
Comprehensive Reporting: Access consolidated reports in Excel format to track payments and identify overdue fees.
Automated Reminders: Send automated reminder messages to parents who have not paid fees by the due date.
Benefits
Convenience for Parents: Eliminate the need for parents to visit the school by offering online payment options, saving time and reducing hassle.
Improved Accuracy: Reduce the risk of errors associated with manual fee management, ensuring accurate records and timely payments.
Enhanced Efficiency: Streamline fee collection processes, from setting up fees to generating receipts, leading to significant time savings for school staff.
Better Financial Management: Allocate fee installments to different accounts as needed, providing greater flexibility and transparency in financial management.
Real-Time Access: Parents and school administrators can access fee receipts and reports anytime, ensuring transparency and easy record-keeping.
Prompt Fee Collection: Automated reminders ensure that parents are notified of overdue payments, helping schools maintain steady cash flow.