Finance & Accounting
With EDUCLO you can track the metrics you need for collaborative budgeting and planning and integrate with the core financials to game up the enterprise planning and execution.
EDUCLO is a digital platform that brings in enterprise resource planning as a core functional component of the digital platform. Through the integration of the EDUCLO platform, education enterprises can perform all the activities to manage their finances. The digital platform Finance & Accounting module comes with an inbuilt vendor management, payments, credit management and look through the tax liability. With the reports and data, you can analyse, collaborate and work with the reporting tools.
With the Account Receivable process, you can keep track of your assets, and money that the purchasers of your products owe to you. With the view of the financial receivables, you can see the amount of money you receive from the customers and the borrowers. With the view of the receivables, you can view the real-time data so that you can use the receivables as collateral to gain access to financing. From assessing the student's payments, assessing the credit risk of the customer and validating if they fit into the company to automating embedding the student finance options right through into the system through automation. You can manage customer with their contacts, frequently purchased products, pricing and discounts. You can track the auto-generated invoices, track customer invoices, manage credit, and taxation, analyse, collaborate and generate the reports for your compliance purposes. You can perform day-to-day accounting responsibilities and real-time update-to-date record keeping. You can generate comprehensive reports, set reminders and make flexible payments.
With the EDUCLO digital platform, you can manage your enterprise payroll by maintaining your department lists, people, salary components, pay cycles and values. The payroll module is linked with the leave application the employee attendance and the time sheet to ensure you have a real-time visualisation of the pay data and the due dates as per the pay cycle. You can automate the payment process by linking to the banks to automate the payment process as per the payments due.
With a seamless automation of accounts receivable, accounts payable, general ledger, student finance and payroll makes a perfect choice for education enterprises especially due to its specific automation for the education sector of the higher education and vocational education industries.