Billing & Receivables

EMPOWER's Billing and Receivables module is a complete receivables system that supports the entire student billing process including collections, receivables accounting, and financial system integration.

• Utilizing the Web Portal enables students to access current statements (including financial aid details) and pay online through the institutions merchant banking account
• Automatically manage and post transactions to student statements including:
  • Admissions deposits
  • Registration
  • Drop/adds and fines/fees
  • Housing and meals
  • Vehicle registration and fines
  • Financial aid, third-party payers
• Implement easy-to-use business office functions:
  • Cashiering
  • Collections
  • General financial reporting
  • Posting to the general ledger (standard integration with most common systems including MIP and Dynamics)
• Grant read-only access of real time student financial information to other departments on a need-to-know basis eliminating miscommunication and potential error
• Support audits and financial oversight with EMPOWER's strict accounting standards