Fees Management,
Built for Institutional Scale and Financial Control

Name: MasterSoft ERP Solution
Brand: MasterSoft
Rating: 4.8 (1327 reviews)

"One Unified Framework to Manage Fees, Funds, and Financial Compliance Across Campuses"

Fees management today is no longer about collections alone. It is about control, accuracy, compliance, and transparency across campuses, currencies, funding sources, and payment channels. MasterSoft’s Fees Management Module gives institutions a single, governed financial framework to configure fees, manage scholarships, reconcile payments, and remain audit-ready at all times.

Financial Governance Without Complexity

A centralized, rule-driven finance ecosystem designed for multi-campus higher education institutions.

Agile No-Code Admissions Setup

One financial framework across every campus and currency.

AI-Driven Fee Configuration and Automation

From fee setup to reconciliation, automation replaces manual effort.

Transparent Compliance and Funding Governance

Every rupee, rule, and record is traceable.

What MasterSoft
Fees Management Delivers

Operational accuracy, financial transparency, and institutional confidence at scale.

Unified Financial Oversight

Centralized visibility into collections, dues, and fund flows across all campuses and currencies.

Rapid Fee Setup Through AI Agents

Configure fees directly from reference data and reduce setup effort from hours to minutes.

Operational Accuracy and Audit Confidence

Simplifies compliance and reduces human errors through automated data validation and audit-ready processes.

Transparent Scholarship and Sponsorship Management

Track funded students, sponsor commitments, and disbursements with complete visibility and control.

Simplified Refunds and Adjustments

Rule-driven automation ensures timely settlements with complete record transparency.

Frictionless Payment Experience

Multiple payment modes with instant posting improve student convenience and finance team efficiency.

Core Capabilities

Designed to handle financial complexity without operational burden.

Multi-Campus, Multi-Currency Operations

Unified financial control across every campus and currency.

Administers multi-campus financial procedures through centralized control, local currency configuration, regional fee structures, automated conversions, and accurate reporting.

AI-Enabled Fee Configuration Agent

Configure complex fees in minutes, not hours.

The module uses AI-driven uploads to configure fee structures and processes the financial components, including installments and discounts, ensuring multi-campus consistency.

Seamless Scholarship and Sponsor Management

Every funded student and sponsor payment fully accounted for.

Allocates scholarships accurately after carrying out eligibility checks, simplifying the disbursement process and billing through rule-based workflow and audit trails.

Automated Bulk Reconciliation

Thousands of transactions balanced instantly.

Real time matching of incoming payments to fees and ledgers, which enables data validation and accurate financial audits.

Audit-Ready Compliance Framework

Every entry is accountable. Every audit is effortless.

Supports continuous audit and regulatory compliance preparedness by providing time-stamped financial data, user activity logs, and automated compliance checks.

Discount and Refund Management

Rule-based processing for concessions and refunds.

Implements complete audit traceability, rule-based workflows, and rule-based controls to process discount approvals and refund settlements, while preventing billing discrepancies.

Flexible Payment Methods

Multiple payment options, one synchronized ledger.

Support cash, payment centers, gateways, and wallet payments with real-time ledger synchronization across student and financial records.

FAQs

1. Can fees be managed differently across campuses and programs?

Yes. The system supports campus-specific and program-specific fee structures under centralized governance, ensuring flexibility without losing control.

2. How does AI help in fee configuration?

AI agents interpret uploaded fee sheets or reference data and automatically configure fee structures, reducing manual effort and configuration errors.

3. What is the process of tracking scholarship and sponsor payments?

The fees management module tracks end-to-end scholarship and sponsor transactions, from allocation to settlement with eligibility validation, real-time visibility and audit-ready data.

4. Does the system support bulk payment reconciliation?

Yes. Payments are automatically matched with fee records and ledgers, enabling instant bulk reconciliation and faster financial closures.

5. Does the system support the audit process?

The system records user activity, time-stamps all transactions and runs compliance checks, which ensures continuous preparedness for audit and regulatory reviews.

Yes, I Want To Automate My Campus!

We promise to offer you the best education ERP, Smooth implementation and constant support!

Fees Management,
Built for Institutional Scale and Financial Control