Collecting fees is the longest task for any educational institution and requires special attention for calculations such as pending fee statements, fee concessions, scholarships and discounts, etc. Also, the manual process of calculating and collecting fees does not guarantee 100% accuracy. The risks of errors in the manual management of expenses are enormous, which can have a negative impact on the overall work process. That's why switching to automated fee collection software is a smart move for any institution. It not only provides accurate cost calculations, but also saves administrative staff a tremendous amount of time and effort.