Accounts Receivable
Manage your accounts receivables effectively to cover your college expenses, capital investments, and to make sure that your college has enough funds for a continuous growth.
With TEAMS, you get:
- Student invoice building.
- Installment plans management with SMS and email reminders.
- Student account balances and aged debtors reporting.
- Receipts, transfers, and credit notes entry as needed.
Our Services
Student Invoicing: Payment and instalment plans setup, as well as automation of SMS and email reminders to chase those invoices (one or multiple) effortlessly.
Payment processing: Easy entry of student receipts in the system. Up-to-the minute updated student balances, visible to all key staff.
Note: Discreet icons can be printed on class rolls to remind trainers to send defaulting students to front desk.
Installment plans: Students have the option to pay their fees in installments.
Complete management of installment plans, as well as integration with Easy Pay or EziDebit, if you wish to configure that within your college site.Aging debtors: Aging of outstanding invoices to help you to easily identify overdue accounts and take appropriate recovery action. Configurable automated reminder emails and SMS for a hands-free approach to this.
Reporting and analytics: Comprehensive financial reports and visual analytics in the form of dashboards to help your college easily identify student intake trends, forecast future cash flows, and optimize your revenue and finance strategies.
Integration with accounting software: Integration option available with accounting software such as MYOB or XERO. This can help streamline your financial processes, reduce double handling and errors, and improve the accuracy of financial reporting. No more fumbling across multiple systems or searching through excel sheets to find student financial data.
