Managing finances in an educational institution is a complicated task and time-consuming labour for the accounting staff. As your institution grows, its accounting needs become more complex and harder to handle. All educational institutions, whether it’s schools, colleges, coaching centres, or distance learning centres deal with large volumes of financial transactions. A specialized tool is often needed to tackle the rising complexities. That doesn’t mean schools and colleges need to purchase expensive School Accounting Software or spend countless hours on accounting processes. Oogyy’s accounting software can keep financial data organized, reduce the risk of human error, and can help your team to eliminate unnecessary paperwork. Keep reading to find out how.
Why Accounting Software is Useful for your Institution
In the following section, we shall delve into some key benefits that Oogyy’s accounting software offers educational institutions like yours:
• Higher productivity: Oogyy’s accounting software can help you to boost the productivity of your institution by providing the tools that can perform various tasks with ease and accuracy, allowing you to integrate systems, generate reports and analyze data to make more informed decisions.
• Save money & time: As more and more tasks like managing payroll and invoice management get automated, institutions can shave expenses and time off from manual processes and further reduce the number of steps needed to complete accounting tasks.
• Access data on mobile devices: Using Oogyy’s accounting software means you don’t have to be tied to your computer when you need to access data. You can obtain accounting information about your institution anywhere at any time on your mobile or tablet devices when the need arises.
• Security: Our accounting software provides stringent security measures to prevent privacy breaches and data loss and recognizes the importance of locking down sensitive financial data. So, when you use Oogyy, worry less about data threats and malpractices.
Key Features:
Flexible Billing:
Gone are the days when it used to take months to complete the billing and purchase processes for your institutes. Oogyy provides helpful tools for managing monetary transactions and a flexible module to generate bills and add charges in the most convenient and effective manner.
Sending invoices is a mundane but necessary part of running an institution. An efficient Invoice Management Software can help you create and send invoices, record expenses, and keep track of your accounting reports at the click of a button. Oogyy can help you with all aspects of your finances, including storage and retrieval of accounting information, and ensures that teachers get their salaries paid correctly.
Account reconciliation allows you to allocate funds and payments against outstanding balances efficiently. This can be a time-consuming and tedious process, especially if you have a lot of transactions to handle. Oogyy can save you time, and money and ensure that your records and financial statements are accurate. Our account reconciliation system compares multiple sets of financial data to identify discrepancies, which enables institutions to catch errors and correct them quickly.
Choose the Right Accounting Software for Your Institution
Accounting methods are changing, largely because of the rise in innovation and technology. Additionally, it is equally important to choose the right platform and tools to extract maximum benefits for your institution. Educational institutions that implement an ERP system or accounting software, have been able to make better strategic decisions. Tracking and monitoring how funds are spent and providing an effective and improved financial management system is easier with Oogyy’s accounting software in place.
Why Oogyy?
Oogyy offers a wide variety of tools for institutions to take care of various accounting-related tasks and enjoy positive growth. Oogyy will help to reduce dependency on other sources for managing the finances of your institute. Furthermore, our end-to-end institution management tools will help to enhance productivity and improve operational efficiency. Looking for more details? Learn more here: oogyy.com