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.But with the iPay module in school
management software, things can become so easy using
less of human labour and more of technology.The iPay app of the school management software
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
The iPay 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
Gone are the days when parents had to stand in long
queues for fee payment of their kids. Through the
iPay facility of cloud based ERP software, parents
can easily transfer money to the school through just
a single click from their account to the school’s iPay
account. This also helps in hassle free payment,
reliving both parents and school authorities from the
problem of handling huge amount of cash money.
iPay also helps in collection of fine from students if
required without any hassle aiding the school
authorities an easy financial management.
iPay shows both parents and school authorities the
concession fee amount from students on just a screen
without carrying loads of papers.
iPay 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.
iPay 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 iPay module, an invoice message also can
be generated , apart from the SMS system reminders
for scheduled fee payment.
The iPay of school management software also
helps in transferring the stipulated monthly salary to
the school’s working staff like teachers, helpers, lab assistants, office staff etc. on time to their own
respective accounts, free of hassles.
Through iPay, hostel and transportation fee of
the students can be included in the academic fee of
student without creating separate fee receipts, aiding
the parents and school authorities less hassle.
iPay shows details of bounced cheques if any to
the parents on the portal of the student, helping
parents to take an immediate action on it.
All the miscellaneous fee collection can be done
through iPay cloud based ERP software on a single
The fee collection can be done in a single click
and step through the online payment gateway
module on the iPay.
Paying through iPay is also extremely safe and
secure for both parents and school authorities.
The iPay app by the cloud based ERP software has a lot
of functions which would be discussed below:
Therefore, to conclude, the iPay 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.