Advantages of Using Nelnet Cashiering: A Streamlined Cashiering Solution

When it comes to the business office at higher education institutions, having optimized administrative processes is crucial. Students are looking for a seamless experience while staff needs a way to efficiently manage resources. With Nelnet Cashiering, from Nelnet Campus Commerce, this solution offers a comprehensive tool that streamlines operations, enhances financial accuracy, and improves the overall experience for both students and administrative staff.

The hallmark of Nelnet’s Cashiering solution lies in its ability to streamline operations. With Cashiering, institutions can automate payments in an integrated environment where card processing, check scanning, and student account details are all accessed with ease. Whether it’s parking fines, tuition payments, disbursing petty cash, cashing out small check amounts, or other transactions, Cashiering simplifies the payment process.

One of the standout features of Nelnet’s Cashiering solution is its ability to automate payment management. In-person payments are seamlessly updated, allowing for easy review and reconciliation at the end of each day. This feature not only saves valuable time, but also contributes to more accurate financial reporting. By automating the administration and posting of departmental deposits and mailed-in payments, there are fewer tasks for both staff and students. This automation not only reduces the likelihood of errors, but also speeds up the entire payment cycle.

With its range of convenient features, our cashiering solution can improve the overall experience for both staff and students.

For Staff:

• Its integration capabilities encompass student, financial, card processing, and check processing functions, fortified with search capabilities.
• Controls can be set up to categorize charges, customize transactions, allocate user permissions, and define departmental transaction processes.
• As a hosted, PCI-compliant environment, processing is secure and adheres to the rigorous regulations set by Nacha and the PCI Security Standards Council.

For Students:

• Streamlines payments through seamless integration with ERPs.
• Expedites the payment process and grants students the flexibility to use any preferred payment method.

By using Nelnet Cashiering, higher education institutions may be able to transform how they manage transactions. By automating processes, enhancing accuracy, and providing comprehensive reporting, Cashiering simplifies operations, improves financial management, and enhances the student experience. With this solution, campuses can focus on what truly matters – fostering a seamless administrative environment while supporting student success.