We help Educational Organizations of all sizes,                                                        manage financial activity effectively.         

Integrated Financial Management

With Merbebt Billing Module, back-office employees and the accounting department can easily create any type of financial arrangement for managing tuition fees payments. True power and flexibility come from the fact that the Billing Module is integrated with your SIS, thus being connected with the rest of the academic activity. That could save employees a great amount of time that would need otherwise to migrate data from one system to another.

Invoicing

Keep track of all financial activity for academic and other services and create invoices for students. Students and parents can have easy access to their financial records and keep track of their monthly or yearly financial obligations to your educational organization. At the same time, accounting departments can streamline monthly billing by sending automatically invoices, to specific users or in-bulk, according to specific enrollment to courses, classes or extracurricular activities.

Bulk Changes of Agreements

Merbebt allows users not only to individually process arrangements and agreements, but also massively in bulk. Administrators can massively and flexibly create or edit tuition or administration fees or change the number of installments or discount percentages.

Manage Payers & Activities

Merbebt supports effective management of multiple payers with comprehensive contact data of each person responsible for financial agreements. The system also allows you to manage debtors with automated notification emails and handle taxes, VAT, or other administrative fees. To maintain a clear picture of your finances, Merbebt provides you with management tools for the billing of private courses, hourly paid courses, extra-curriculum events, clubs, or services.

Forecast & Expenditures

Merbebt assists institutions in planning and managing their budget and outstanding payments. Moreover, students’ financial status report can provide you with the necessary reporting that will help you track revenue breakdown per grade, program, class, specialization, school year, location, etc.

Import Payments from EXCEL

Payment details can be massively imported from Excel sheets, while also exported to third party systems for syncing with accounting reporting. Administrators can create unique IDs when exporting sensitive information, such as financial data, as well as choose the fields with the data they wish to be included in the report.