HonorePay.com is designed for schools using FACTS SIS School Management System to effectively manage their accounting and to accommodate ease of payment of fees and contributions from families and donors.
Benefits to the School:
The HonorePay.com portal integration with both FACTS SIS and seamlessly will allow the following benefits to the schools and families:
Real-time information of receivables i.e. List of students/families who owe fees
The ability to auto generate statements to families on a periodic basis
The ability to track payments online real-time and to update payments to student accounts
The ability to generate fees via different groups; Grade level, class, activities, status, etc.
The ability to reconcile payments against outstanding fees
Schools bank account to be updated between 1 and 3 days as per banking regulations
Real time financial and management reporting
Dashboard of key information required by management team.
· Provide schools with on-time reporting to ministry, improve efficiency in reporting, ability to prepare accurate and on-time budget and audited financial reporting to the regulatory bodies.
BENEFITS to Families
Enhance communication with schools and parents as to their finance.
The ability to view all outstanding fees for each child on one portal, regardless of FACTS SIS School
The ability to select outstanding fees and pay by any method;
say Multiple Payment Methods – Credit Card, Visa and Mastercard Debit cards
PATH Administrators linked to the FACTS SIS student account will also be able to view students’ fees and balances