Whenever we have had conversation with any school, the foremost question we have been asked is about how can EdPlug handle school finances and accounts. Our market research has shown that schools are looking for good accounting software that can solve their financial woes. Since fee structures vary considerably across different classes and even within classes, this coupled with the fact that some students avail discounts while other are on installments make it more difficult to manage the accounts of a school.
It is for the above mentioned reasons that a very comprehensive and detailed finance and accounting module has been built in EdPlug. It is built in a way to make sure every penny is tracked and finances are managed in the best and transparent manner. The extensive reporting on accounts help school administration in planning better for future and figuring where is the income coming from and where school is losing the big chunk of money.
Since school owners and directors are always concerned about financial discipline and transparency in accounts – dedicated dashboard have been built for them wherein they can track everything about finances, see future projections of cash flow and balance sheets.