Fee Management
Automate the fee management to elevate the financial strength of your educational institution.
Seamless Fee Management for Your Institution
A customizable digital fee management tool that streamlines the process of organizing the fee structure, fee collection, configurations of concession, late payment calculation, payment reminders to parents, and reporting to Management.
Benefits of Implementing NextElement Fee Management System
Grow Revenue
It helps increase the revenue of your institution by automating the fee management process.
Hassle-free Managing
Seamlessly manage any kind of fee collection, calculation and database maintenance.
Error-free Results
No manual process is included, hence you can expect error-free results.
Online & Over-counter Fee Collection
The system streamlines the management of both online and over the counter fee collection. This makes the process faster and more effective.
Send Auto-reminders
You can send automatic reminders to parents via instant message options.
Academic, Transportation and any kind of Miscellaneous Fees Management
Management can easily manage and track data of financial health of the institutions by knowing academic, transportation, and other miscellaneous fees status of students on one platform.
- User-friendly system
- Time-efficient & cost-effective management
- Categorization of fees
- Error-free record
- Parents have access to check fee status anytime
Online Fee Collection Management
Collect fees digitally or over the counter – in both cases, the payment process is easily manageable through our fee management software and it helps you design and generate automated receipts instantly.
- Hassle-free online payment
- Multiple payment modes are available
- Over the counter quick payment
- Generate automatically or add customized fee receipt number
- Customized fee collection interface
Over the Counter Fee Collection
Our system also supports the counter-based fee collection process by automating fee calculation and data updation after receiving payment. The administrative staff doesn’t need to maintain a manual record. Using the software, they can instantly update the fee status on the platform.
- Instantly displays the data of pending fee amount, fee concession, instalment amount, etc.
- Saves time of the fee collector or administrative staff
- Ensures 100% accuracy of the fee calculation
- Generates report
Reports & Analysis Management
Generate automated reports which will help you get in-depth insights into the collected amount, due payment, total amount to be collected, different modes through which payment has been made, and current and previous status of each student fee.
- Access to all payment insights
- Analysis of different fee categories
- Instant report generation
- Generate class wise fee reports
SMS Reminders Management
This feature helps generate and send automated payment reminder SMS or email to the parents to ensure timely payment of the fees.
- Instalment date reminders
- Payment overdue reminders
- Reminder SMS/email sent to all students in one click