Control the financial activity of your institution
Simplify your finances and optimize resources
With the Classlife Financial Module, it is easy to control all the cash flows in your institution. With our Educational ERP you are able to optimize processes with instant billing and control receipt status in real time.
Payment Agreement
Generate each payment agreement independently for each course and make online payment easier.
Assign a different rate to each training and make the enrollment by subjects easier.
Get a clear plan of scheduled payment collections on the financial platform.
Split student payments and facilitate access to your training.
Allow bill payments through platforms such as Stripe, or by connecting with Redsys service.
Manage finances of different headquarters of the institution.
Activate the control of customer registration by defining the commercial model: Billing or Commissions.
Payment Methods
Classlife’s educational ERP helps manage different forms of payment
The student doesn’t have to be the payer, it can be someone else or a company. You are able to choose and assign the amount paid in each case.
Schedule each collection and get a clear view into your institution’s future income.
Allow installment payments and facilitate access to your training.
Mark the receipts as payment through direct deposit, and generate files to send through your online banking.
Invoice every receipt with a single click, in a quick and easy way.
You can assign discounts or create new ones, either to independent charges or to the total amount.
Assign different types of taxes to receipts and invoices.
Allow bill payments through platforms such as Stripe, or by connecting with Redsys service.
Customize receipts and invoices to fit the brand image of your institution.
Generate listings based on advanced filters, and have access and visibility at all times.
You can export the financial data from the educational ERP to use it on other platforms.
Facilitate the return of receipts by automating processes.
You can assign a payer company and generate associated receipts.
Bank remittances
Manage bill payment through direct deposit receipts, making the generation of files easier so you can use them in your online banking
Verify the students and companies bank accounts, avoiding collection mistakes.
You can define different banks and generate files for each of them independently.
Export files with the different direct debit receipts and use them on your online banking platform.
Update the status of your payments in blocks and speed up processes.
You can import the results of bank remittances made through your online banking and update the status massively.
Financial Reports
An extensive financial listing to keep up to date. The finances of your school will be always available.
Take a look into your institution’s invoicing and compare it to previous years.
Filter by enrollments and look at the performance of each degree within your educational offer.
Discover which channels and sources work best and boost them from through the ERP.
Get detailed financial information of each student in your school.
You can generate listings for each degree and optimize its performance.
Have a list of receipts of pending collection. Have all payments up to date.
Report the applied discounts in collections.
Filter financial results by commercial.
Generate all needed files for the presentation of any mandatory documentation.
Have a clear view of your institution’s planned collection for the months to come.
Generate and export the necessary reports to send them to an agency or consultant.
Suppliers
Centralize the management of suppliers of your institution with the educational ERP.
Generate treasury reports for your institution.
Human Resources
With the Educational platform Classlife, human resources are always controlled.
Create all types of contracts: work contract, comercial, internships…
Speed up the closing agreements with new contracts with an agile and updated follow-up.
Have visibility of the incorporation of every new member of your team.
Centralize the information of each employee in a single space.
Allows you to send a request for a digital signature of documentation generated on the platform.
Generate the file for each of your employees and share it with your agency or HR consultant.
Banks and currencies
On Classlife’s platform there are no limits. It doesn’t matter what currency you use or how many banks you work with.
Introduce different banks to assign each payment and get detailed reports.
Assignment of any legal currency on the platform.
Export the invoice data for the future balance of accounts in your accounting program.
Outstanding payments
You can generate recovery processes and reduce the outstanding payments.
Generate customized flows adapted to the needs of your center.
Organize and control the payment recovery actions by quickly registering the different processes carried out by the school.
Update the record history of the students with whom you have started a recovery process.
Create files with the log of actions and the result of the legal action carried out by the insitution.
You can quickly see the status of each outstanding payment, and whether or not you have completed each legal action.
Integrations
Get in touch with the best solutions on the market and add new functionalities to the platform.
Connects the best accounting management platforms such as Sage Contaplus and Business Central.
Use the best payment gateways such as Flywire and Stripe.
Allows you to send a request for a digital signature of documentation generated on the platform.
The functionalities marked with this icon are available when purchasing Premium Extensions.
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