Financial Management
Simplify payments, payroll & reporting
Bring clarity, control and automation to your school’s finances.
Features are fully functional for 7 days. Plans starting from $44/mo.
Trusted by Schools of tomorrow across the globe
Built to simplify payment collection
From tuition to teacher salaries, our Financial Management tools let you handle it all in one place, with full transparency for both staff and families.
Why Schools Love Our Financial Management Features
Simplify Tuition Setup and Tracking
Create flexible fee structures, track outstanding balances, and follow up on unpaid invoices, in seconds.
Offer Convenient Online Payments
Let families pay using Stripe, Google Pay, Apple Pay, cards, or bank transfer (wire transfer), on any device.
Automate Invoices and Reminders
Save time by issuing bills and notifications automatically, based on real-time invoice status.
Stay Audit-Ready with Smart Reporting
Export financial summaries by class, period, status, or family group, for full visibility.
Tuition & Fees
Create, assign and monitor tuition with zero hassle:
- Flexible fee creation: standard, class-specific, custom, or one-off
- Auto-assign fees during student import
- Filter, view, and print tuition history and invoices
- Identify and follow up on unpaid balances, fast
Online Payments
Give families multiple, secure ways to pay:
- Accept payments via Stripe, Apple Pay, Google Pay, and more
- Support one-time or recurring installment plans
- Provide students and guardians with live access to their payment status
Financial Reporting
Real-time summaries and export-ready reports:
- Filter by paid, outstanding, overdue, or uninvoiced
- View by date range, class, family, or school period
- Export for accounting, analysis, or audits
Automated Invoicing
Let the system handle follow-ups for you:
- Auto-send reminders, based on due dates and payment status
- Notify families in bulk, with one click
Payroll Management
Manage teacher payments without spreadsheets:
- Admins track salary payments and compensation records
- Teachers can view their own payment history directly in their profile
Find more features?
- Academic Management
- Student Management
- Teacher Management
- Scheduling & Timetables
- Financial Management
- User Access Management
- Communication & Notifications
- Multi-Branch & Scalability
- Instant invoice dispatch
- Live fee tracking
- Auto payroll reports
CASE STUDY: AL ITQAN ACADEMY
Enlightening Minds, Empowered by DreamClass
Since integrating DreamClass into their daily operations, Al Itqan Academy has experienced transformative outcomes. Daily use of the platform, especially for payment management, has become a routine for the entire team.
Take control of your school’s finances
Start your FREE trial today and automate your financial workflows.
Or view our pricing plans.
Frequently Asked Questions
Can we create different types of tuition fees?
Yes, you can create standard fees, class-specific fees, discounted or custom tuition (e.g. hourly or one-time), and assign them individually or in bulk. Fee structures can also be applied automatically, during student import.
Do families have online payment options?
Sure! Parents and guardians can pay tuition securely via Stripe, Apple Pay, Google Pay, card, or wire transfer. The platform supports both one-time and installment payment schedules.
Can we track and follow up on unpaid tuition?
Yes, you can view each student’s tuition history, filter by unpaid or overdue status, and send automated reminders with a single click. Admins also get a full dashboard overview of payment activity.
What kind of financial reports can we generate?
You can generate exportable summaries based on: Invoice status (paid, unpaid, overdue, uninvoiced) Date range, and Student groups (e.g. families, classes, school periods) These are useful for auditing, forecasting, or reporting to stakeholders.
Can teachers view their own payroll records?
Yes, of course. Teachers can log in to their portal and view payments made to them, after admin entry. This improves transparency and reduces payroll-related inquiries.
“Is it hard to switch from manual billing to this system?”
No, not at all. You can import students and set fees in bulk. Our onboarding team will walk you through the setup, and most schools begin processing payments within days.
“We’re worried parents won’t use online payments.”
Most families prefer it. By supporting familiar platforms like Stripe, Apple Pay and Google Pay, the process feels natural. Plus, guardians can track their payment progress and download receipts anytime.
“What if a student needs a custom payment plan?”
No problem. You can create custom installment plans tailored to individual student scenarios, with flexible due dates and notes.
“Will this help us prepare for audits or financial reviews?”
Yes. You can generate real-time reports filtered by date, family, class, or school period. Export your data in a clean format suitable for auditors or financial advisors.
“How does the system notify parents about invoices?”
It can automatically send payment reminders and notifications based on invoice status. You can send messages manually or trigger them automatically, based on due dates or missed payments.
