Running a huge educational institution like school or college is in itself a huge task especially management and keeping a track of finances needs a separate department in schools and colleges.
The iPayment app helps in keeping a tab on the fees paid by each student every month without any error. This helps the school for an efficient management of the finances.
The iPayment app also helps in sending SMS to parents reminding them of their child’s fee due dates, aiding the school authorities to keep a check through computer..
Through the iPayment facility, parents can easily transfer money to the school through just a single click from their account to the school’s iPayment account.. and also helps in hassle free payment, reliving both parents and school authorities from the problem of handling huge amount of cash money.
iPayment also helps in collection of fine from students if required without any hassle aiding the school authorities an easy financial management.
iPayment shows both parents and school authorities the concession fee amount from students on just a screen without carrying loads of papers.
iPayment as written earlier, reminds the students and parents for their fees and saves a lot of paper work like fee receipt and bills. Everything is shown on the student’s profile day, date, month and year wise.
iPayment shows the parents and school authorities the list of any fee cancelled or the provision of less fee to siblings through the student’s profile in iPay module, helping the school management also to verify for each student without human error.
Through iPayment module, an invoice message also can be generated , apart from the SMS system reminders for scheduled fee payment.
The iPayment also helps in transferring the stipulated monthly salary to the school’s working staff like teachers, helpers, lab assistants, office staff etc. time to their own respective accounts, free of hassles.
The fee collection can be done in a single click and step through the online payment gateway module on the iPayment.
All the miscellaneous fee collection can be done through iPay on a single click.
The iPayment module is extremely useful for the various reasons listed above and money is safely sent through the optimum use of technology, using less of human labour work especially for schools where the infrastructure is small or the school doesn’t have enough resources to pay their working staff. It also helps in efficiently managing the school with full transparency between the school authorities and the parents.