Debt Management Module
Don't throw in the towel on collecting your school fees. With EduSpec do all your SMS’s, letters, reminders and final demands for the entire school in under an hour per month. You only need to import your monthly age analysis from your accounting system and EduSpec will do the rest. The Eduspec Exemptions product is designed to assist school admin staff with the task of registering and processing applications for school fee exemptions.
System Features
Age analysis
Our software make use of your current financial system age analysis to detect the current status of your institution's accounts. Once your debtors has been categorised according to their age status, numerous ways of communication can be used to communicate whit the debtor.
Have control over your collection process
Within seconds you will have a full picture on your schools finance with clear indication on all the families' account standings.
History is your friend
Every interaction on an account in your institution are recorder in detail. Upon any enquiry you have access to all interactions by the click of a button. All SMS’s and email’s and letters sent is available and visible on the system.
Handing over process
Handing over your accounts to your debt collector or attorney was never so easy. Your complete debtor's book can be handed over to multiple debt collectors or attorneys within minutes while EduSpec do all the work. The debt controllers or attorneys will receive an email with all the parent information and the history of all the attempts made by the school to collect the outstanding school fees. All letters and email certificates will also be sent at the same time.