Product | Fee Management
Intelligent Finance Solutions to keep pace with your growth
Ken42's fee management system streamlines the financial operations of educational institutions. It simplifies fee setup, collection, and management, enhancing efficiency and compliance. With customizable fee structures and multiple payment options, it ensures a smooth experience for administrators and payers.
At Ken42, the creation of fee types serves as the foundational building blocks of our robust Fee Management System.
Initiate by setting up program-specific fees, tailoring billing to each student's program and campus.
Apply relevant taxes to fees, ensuring adherence to local tax laws.
Automatically applied to overdue payments, encouraging timely fee settlement.
Break down fees into manageable installments, facilitating easier payment for students. This approach aims to minimize financial strain and improve accessibility to education by reducing the upfront payment.
Collect fees effortlessly with integrated payment gateways and manual methods, accommodating a multitude of currencies for a seamless transaction experience, locally and internationally.
Apply discounts and scholarships, supporting financial management and student aid.
Utilize coupon codes for promotional discounts, encouraging timely payments.
Generate invoices and manage refunds, maintaining accurate financial records.
Our platform does more than just streamline numbers, it transforms your institution's financial operations.
Enjoy the freedom to create fee structures that are as unique as your institution, providing tailored financial solutions for your diverse student body.
Provide flexibility for students with partial payment support, allowing them to manage their finances better.
With our student/parent fee cart, managing and reviewing fee payments is straightforward and user-friendly.
Late fees are automatically calculated and applied, ensuring fairness and consistency in fee management.
Connect with education loan providers to offer students additional financial assistance for their educational needs.
Track every transaction with a detailed payment history, ensuring transparency and accountability.
Issue and download payment receipts immediately, offering instant confirmation of transactions.
Set up installment payments with ease, accommodating students’ financial planning.
Send automated reminders for upcoming payments, reducing the risk of late payments.
Access comprehensive reports and analytics for a clear overview of the financial health of your institution.
Discover how Ken42 can personalize your
educational journey. Get started today!
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