Create a streamlined, service-oriented approach to student billing
When Bursar’s offices provide students with superior service – including quick, clear and convenient channels for paying tuition fees and other bills – they drive turnover up and administrative costs down.
All too often though, these offices inadvertently create barriers to fast, efficient billing and payment. Bogged down in manual, paper-reliant processes, staff experience slowdowns and bottlenecks when issuing bills, generating reports, filing receipt documentation and updating the student information system or other financial systems of record, which makes cash flow less than optimal.
By leveraging a Hyland solution for student billing, Bursar’s and other student financial services offices enjoy fast turnaround for payment collection and processing while offering students convenient ways to check their account status or make a payment – such as through an online student-facing portal.
With the electronic management of documents and provided business process automation tools, institutions quickly and easily implement a streamlined, service-oriented approach to student billing while accelerating cash flow.
Hyland student billing solutions:
- Automatically route, file and index individual transactions for processing and review
- Reduce administrative overhead and bill-to-payment turnaround times
- Increase cash flow and student satisfaction
And, with ShareBase, you can share your student invoices and bill iterations with outsourced billing vendors to speed processing even further. The natural integration between ShareBase and Hyland solutions allows you to share those files automatically as part of the student billing process with those who do not have access to your system.