K-12 Fee Management is our Specialty
We have spent 18 years developing our business logic to include powerful financial and accounting processes that automate many manual functions at the school and district level including, but not limited to:
- FEE ASSESSMENT
- WAIVER and EXCEPTION MANAGEMENT
- CUSTOMIZED REPORTING
- ASSET TRACKING
Engineered for your District’s Success
Custom User Rights
Service and Support
Simplify fee creation, assessment, and collection using our powerful fee management solution.
Our software enables group-based (e.g. course-based fees, grade-based fees) assessment customized to your unique requirements, significantly reducing administrative burden and saving your schools’ administrator valuable time.
Waiver and Exception Management
RYCOR accounts for the increasing need for schools to have a system that can handle large and complex cases of discounted and waived fees. RYCOR keeps you organized by categorizing students with exceptions, automatically waive or discount selected fees.
RYCOR then allows you to track the total amount of discounts and waivers by fee, general ledger account, department, and school, enabling fast reconciliation and detailed report generation.
Automatic GL Allocation
As payments, transfers, and refunds are recorded by the user, RYCOR automatically creates detailed transaction entries in batches and General Ledger Accounts, efficiently balancing the books of each school.
RYCOR Fee Management empower districts and schools with powerful and intuitive reporting capabilities that allow detailed report generation that meet strict district and state requirements, reducing administrative burden and improving data integrity.
Schools invest a lot of money in instructional materials to enrich students’ learning experience, and districts lose millions of dollars every year covering unpaid damages. RYCOR Asset Management is created to help schools gain control over their assets and ensure students have access to the books, e-devices, and any other available materials that they need to learn.
Automate Book & E-Devices Tracking
Manage more than just textbooks – laptops, tablets, e-readers, and everything in between. RYCOR is a complete asset management system for all loaned learning resources for your school.
Synchronized with your district’s SIS, our Asset Tracking feature allows parents easily find and pay for their children’s required materials. When students drop a course, switch classes, or even leaves early parents can instantly see, review, and make payments with the adjusted changes!
Improve Loss Recovery
Our system automatically assesses fines for late, lost, or damaged books to the respective student accounts upon the returning of those assets. By instantly billing and tracking fines, RYCOR Asset Management leaves no time lags for loss assets, improving your loss recovery rate.
Learn More About RYCOR Fee Management
Tell us about your district’s needs.
Schedule your personalized demo now.