What is Sematime Finances?
A comprehensive school fees management solution with invoicing, automated reconciliation with your school bank accounts or M-PESA paybill, pocket money collection, send e-receipts & automated fee balance reminders.
5 reasons you’ll love using Sematime Finances
With our comprehensive platform, handling school fees has never been easier. Say goodbye to manual invoicing and tedious reconciliations. Our advanced system automates the entire process.
Simplify, automate, and thrive with our comprehensive platform.
Unlock a new level of financial control and efficiency. Discover the power of our school fees management solution and revolutionize the way you handle financial transactions.
How it works
- Open a Sematime Finances account by either registering on this website or downloading the Sematime app. You will get 14 days free trial which comes pre-populated with demo data to help you to evaluate the service without adding your own.
- Exit ‘Demo mode’ to start adding your own data. Add student, your bank accounts and payment modes, then import your opening balances.
- Pay your monthly subscription and start using the service to automate school fees collection and reconciliation.
Frequently asked questions
How do I link my bank account or M-PESA paybill to Sematime in order to automatically update student balances?
You only need to contact your bank manager to authorize Sematime to access your bank account transactions. The bank will be notifying Sematime whenever a new payment is received for us to reconcile.
How much do you charge?
The first 14 days are free thereafter you pay a monthly fee of KES 3,000 regardless of the number of students you have in your school. No hidden charges. No monkey games.
School financial data is extra-sensitive. How does Sematime safeguard our financial records?
We use secure authentication mechanisms, including strong password requirements and two-factor authentication to ensure that only authenticated users can log in and access sensitive financial data.
We also conduct regular security audits and assessments to identify and address potential vulnerabilities then continuously work to improve security especially new emerging threats.
Sematime keeps regular data backups to minimize the risk of data loss and allow for swift recovery in case of unforeseen circumstances.