For any educational institution, collecting money is the most tiresome work. It calls for careful attention to details like the status of unpaid payments, fee concessions, scholarships and discounts, etc. Furthermore, there is no assurance of 100% accuracy with the manual fee computations and collecting process. When handling fees by hand, there is a great chance of error, which could negatively affect the entire work process. Any institution would be wise to convert to automated fee collection software because of this. It saves the administrative staff a great deal of time and work in addition to providing correct fee-related computations. A Fees Management System is a software or digital platform designed to handle the process of managing fees in an organization, institution, or business. It helps in the efficient collection, tracking, and organization of fees, typically in educational institutions, but also in other settings like businesses or membership organizations.