FeesBuzz - Fee Management Overview
Fee collection Management Tool used by educational institutions
Without FeesBuzz
Maintain Records of Students
Account for Non-Digital payment
Follow up for Collections
With FeesBuzz
Auto Fees Collection Management
Digital Payment with link
Reconciliation & Analytics
Key differentiators
- Reconcile students with customised fee structure based on batch,
course,
reservation criteria, etc.
- Merchant controls - split, postpone, prepone or waive-off instalments.
- Students controls - split a payment into multiple parts to pay
high
value
instalment using multiple accounts/ cards.
- Automate reminders (SMS/ WhatsApp/ E-Mail/ OBD).
- Automate collections with E-Nach.
- Full reconciliation for payments over NEFT/ IMPS/ RTGS in
addition to
CC,
DC,
NB, UPI, etc.
- Configure rule-based scholarships/ early bird discounts/ late
payment
penalties.
- Auto-split payments to vendors (e.g., mess, hostel, books,
etc.).
- Customized reports, live dashboard, instant receipts for the
institution and
the
students.
- Offer education loans to students.
Value Proposition
~15 Days reduction in collection cycle
20% Less resources required