Jodo provides an automated fee collection platform for educational institutions, utilizing a dynamic fee management system that includes auto-pay setups, reminders, and reconciliation tools. This technology eliminates late payments and manual follow-ups, ensuring timely cash flow and improved operational efficiency for schools and colleges.
Funding
$15M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
TGFounders
Product
Problem
Educational institutions face challenges in collecting fees efficiently, often dealing with late payments and time-consuming manual follow-ups. This can lead to inconsistent cash flow and increased administrative overhead.
Solution
Jodo offers an automated fee collection platform designed to streamline the fee management process for educational institutions. The platform provides tools for auto-pay setups, dynamic fee schedule creation, and automated reminders, ensuring timely payments. Jodo also automates reconciliation and provides a seamless payment gateway, reducing the administrative burden associated with fee collection. By offering features like no-cost EMIs and upfront cash flow options, Jodo enhances the payment experience for both institutions and fee payers.
Target Audience
Jodo primarily targets educational institutions such as schools, colleges, and coaching centers seeking to automate and optimize their fee collection processes.
Features
- Auto-pay setup for recurring fee installments
- Dynamic fee schedule creation and management
- Automated fee reminders, receipts, and reconciliation
- Integrated WhatsApp communication layer for automated notifications
- Customizable payment pages for various fee types
- Seamless payment gateway supporting multiple digital payment modes
- Option to offer no-cost EMIs to fee payers
- Dashboard for tracking and reconciling fee payments
- International payment processing at competitive rates