Saturday, May 18, 2024
Outlook.com
Outlook India
Outlook Business

Teachmint Launches FinCloud, Eyes To Enable Seamless Cash Flow And Financial Management

This new feature claims to combine modules that manage tuition fees, accounting through integrations with tally and quickBooks and expense management

Teachmint Launches FinCloud, Eyes To Enable Seamless Cash Flow And Financial Management

Outlook Start-Up Desk

POSTED ON July 07, 2023 2:13 PM

Teachmint, the creator of the Integrated School Platform (ISP), has added a comprehensive financial management feature, FinCloud, to the ISP. 

This new feature claims to combine modules that manage tuition fees, accounting through integrations with tally and quickBooks and expense management, giving schools a holistic solution to manage financial operations.

The company has claimed in a statement that FinCloud is a verticalised solution for educational institutes that brings with it a wide range of benefits enabling school management to run transparent and efficient financial systems. It streamlines fee  operations with accurate data tracking over a variety of fee structures, automating sending alerts to parents, maintaining transaction logs, and generating advanced reports for better insights.

As an integrated offering with the Teachmint Integrated School Platform, FinCloud fits in with other workflows and incorporates all stakeholder information. With deep fintech capabilities on payments, recurring collections and credit, it eyes to empower schools to optimise processes for financial management and minimise errors and delays.

"We are delighted to introduce the financial management offering to our integrated school platform," said Payoj Jain, Chief Product Officer and co-founder of Teachmint. 

"With this addition, we aim to empower schools with a holistic solution that simplifies their financial operations and enhances transparency. We intend to continue expanding our offerings to employee payroll and other related financial services for schools through technology. We are committed to enabling educators to focus on what they do best - imparting quality education - while we take care of their management needs," he added. 
 

  • Related Articles

    The new hotels will be strategically located near the stadiums, ensuring ease of access for cricket fans traveling from around the world to witness their favourite teams in action, OYO said in a...

    OYO To Add 500 Hotels In Host Cities Of Upcoming Cricket World Cup

    Dexter Capital Advisors were the exclusive advisors in this round of funding

    Freakins Raises $4 Million Led by Matrix Partners India and Blume Ventures

    With the infusion of funds, the company will expand its digital manufacturing ecosystem to cater to its global customer base

    B2B Cloud Manufacturing Start-Up Frigate Raises $1.5 Million In Seed Round