How we can reboot your school, university or coaching centre for growth!

WibmoPay
The Payments Infrastructure Company
3 min readMar 12, 2019

Any institution strives to improve efficiency and get the best out of whatever resources they have. Similarly, for an educational institute where the main source of income is the fee they collect. Collecting and reconciling fee can be a monumental task, consuming time and require many resources.

Well, thanks to technology and advancement of payments in India, WibmoPay brings you a robust solution to streamline and automate your fee collection with offerings to manage all outward payments like payments to vendors, payroll disbursal, etc.

We got the chance to discuss the problems faced by schools & colleges and found the major problem they faced a:

  • Manual reconciliation and reporting, involving many partners
  • Inefficient and time-consuming processes
  • Variable fee structures across the institute
  • No connection with incoming and outgoing payments
  • Lack of skilled manpower

Simplify fee collection in 4 simple steps-

Key Benefits to your institute-

  • Streamline all the tasks related to fee collection
    As soon as a student is enrolled, our system will automatically get data from your ERP solution and assign a unique account number to mark and match all the current and upcoming payments.
  • Automated processes and updates
    Automatic updates and notifications to all stakeholders via email.
  • A Simple procedure for fees collection
    Send the pending payment requests or notifications to parents/students.
  • Online payment facilities to help the parents save their time
    Parents pay to the assigned virtual accounts using IMPS / NEFT.
  • Improve overall efficiency in accepting and disbursing payments
    Our payment portal gives you the flexibility to accept payments and seamlessly disburse it to other vendor partners and service providers.
  • Ease of operations
    Our solution is easy to operate, anyone from your team can work on it.
  • Increased productivity by automating tedious processes
    Automate recurring tasks and processes as per your requirements and increase the overall productivity of your team.
  • Accurate reports and analytics tools
    Our omnichannel dashboard gives you an overview of all in and outward payments. We also provide integrated real-time reporting and notifications sent to your email address or mobile number.

WibmoPay payment suite is certainly the ultimate choice for institutions willing to improve productivity and drive progress, our user-friendly solutions take care of all the issues regarding fee collection. With our solution, you can enable the staff as well as the higher management to manage all payments related operations.

If you have any questions or would like more information on how our solutions could benefit your institute, please get in touch with us at 09599771577 or email us at help@wibmopay.com. We’d be happy to talk you through any queries you may have or fill out the form to arrange to call back at a time convenient.

Looking forward to helping you with our payment solutions.
WibmoPay Team

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WibmoPay
The Payments Infrastructure Company

The one stop solution for all your business payments, settlement reconciliation & money management needs.