Fee Management Software
Automate fee collection, track pending dues, send WhatsApp reminders, and generate receipts โ all from one dashboard.
FastFee is used by schools, coaching centres, colleges, and other institutions across India. UPI AutoPay mandates collect fees automatically on the due date โ no parent follow-up needed.
Key features of FastFee fee management software
Everything in the AI Overview โ and more.
Fee Dashboards
Real-time view of collections, pending dues, and revenue trends. See exactly who has paid, who is pending, and who is overdue โ at class level and student level.
Online Payment Gateways
Accept fees via UPI AutoPay (auto-debit on due date), standard UPI, net banking, and credit/debit cards. UPI transactions have zero platform fee.
Automated Reminders
Send scheduled WhatsApp and SMS alerts with embedded payment links. 90% open rate on WhatsApp. Reminder sequences: pre-due, due date, and escalation.
Instant Receipts
Generate, print, or export GST-compliant PDF receipts on every payment. Bulk receipt download for any date range. Email directly to parents.
Concession Management
Track sibling discounts, merit scholarships, staff waivers, and custom concessions per student. Concession history audited and report-ready.
Flexible Fee Structures
Set different fee amounts, installment schedules, and due dates per class, batch, or student. Supports annual, quarterly, monthly, and custom installment plans.
Late Fine Auto-Calculation
Define fine rules (flat per day, percentage per month, or capped amount). FastFee auto-calculates the fine as of the collection date and adds it to the outstanding.
Bank Reconciliation
Match daily bank credits to fee records automatically. Export reconciled data to Tally, Zoho Books, or Busy. Monthly reconciliation report for accounts.
FastFee vs other fee management software in India
CoFee, Fedena, EduNext, MasterSoft compared
| Platform | UPI AutoPay | Concession | Reconciliation | Late Fine | Pricing | |
|---|---|---|---|---|---|---|
| FastFee โ | โ | โ | โ | โ | โ | flat annual |
| CoFee | ~ | โ | โ | โ | โ | Per-txn fee |
| MasterSoft | โ | โ | โ | โ | โ | Custom |
| Teachmint | โ | ~ | โ | โ | โ | Custom |
| Skolaro | โ | โ | โ | โ | โ | Custom |
| Vidyalaya | โ | โ | โ | โ | โ | Custom |
| EduNext | โ | ~ | โ | โ | โ | Custom |
โ = Yes, โ = No, ~ = Partial. Based on publicly available information as of Sep 2026.
Frequently asked questions about fee management software
What is fee management software?
Fee management software automates student fee collection, tracking, receipt generation, and payment reminders for schools, coaching centres, colleges, and other institutions. It replaces manual ledgers and spreadsheets with a real-time dashboard showing who has paid, who is pending, and which students need a reminder today.
What are the key features of fee management software?
Fee dashboards (real-time collections and pending dues), online payment gateways (UPI AutoPay, UPI, net banking, cards), automated WhatsApp/SMS reminders, instant GST-compliant receipts, concession management (scholarships, sibling discounts), flexible fee structures, late fine auto-calculation, and bank reconciliation.
What is the best free fee management software in India?
There is no fully-featured free fee management software in India for institutions. Most platforms offer a. FastFee offers a demo with no credit card required. For micro-scale use (under 50 students), some basic apps offer limited free tiers.
How does UPI AutoPay work in fee management software?
A parent approves a one-time UPI AutoPay mandate via their UPI app (PhonePe, Google Pay, Paytm). On every fee due date, FastFee initiates the debit automatically โ the fee is collected without the parent needing to make a manual payment. This eliminates late payments caused by parents forgetting. Mandates support up to โน1 lakh per transaction.
Can fee management software work offline?
Cloud-based fee management software (FastFee, CoFee, EduNext) requires internet for real-time sync. Some desktop applications like certain versions of MasterSoft offer offline mode with periodic sync. For most schools with reliable internet, cloud-based is preferred due to mobile access for administrators.
Start managing fees automatically
Set up FastFee in under 15 minutes. Import your student list, configure fee structure, activate WhatsApp reminders, and start collecting via UPI AutoPay.