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Schools

Recovered 22% of unbilled tuition and rebuilt the school's finance operating model

Premium Secondary School Group

Duration
1 term to stabilise, 2 terms to full run-rate
Team
Partner, 2 accountants, 1 integration engineer
Scope
3 campuses, 2,400 learners, 6 fee categories
Region
Nigeria
Collection rate
96%
+22pts
DSO
19 days
-67%
Billing accuracy
100%
+18pts
Disputes / term
34
-71%
The full story

Client challenge

A three-campus secondary school could not reconcile fee collections with enrolment. Bursary was manually invoicing 2,400 learners each term with recurring parent disputes and rising receivables.

The starting position

Enrolment lived in the student information system, billing lived in spreadsheets and collections lived in three bank accounts. Nobody could state, on any given day, how much tuition had been earned versus billed versus collected. Parents disputed invoices routinely because discounts and scholarships were applied inconsistently by campus.

What we actually changed

We reconciled enrolment to billing learner-by-learner and found 22% of tuition had never been invoiced. A formal fee structure, discount matrix and scholarship register were signed off by the board, then encoded into an automated term-opening billing run driven directly from the SIS. Accrual accounting replaced cash recording so that deferred income and receivables finally appeared on the balance sheet.

Why it stuck

A receivables desk with published escalation SLAs and a weekly review chaired by the principal made collections everybody's business. Parents receive a clean statement they can reconcile themselves, which removed most disputes at source.

Our solution

Implemented a school-native billing engine integrated with the SIS, migrated to accrual accounting and stood up a receivables desk with escalation SLAs and parent-facing statements.

Business outcome

First full term after go-live, the school billed every enrolled learner, cut disputes by 71% and collected 96% of tuition by week four.

Implementation process
  1. 1

    Diagnostic of enrolment vs billed vs collected across three campuses and six fee categories.

  2. 2

    Rebuilt fee structure, discount matrix and scholarship register with the head of school.

  3. 3

    Integrated SIS with QuickBooks via middleware; automated term-opening invoices.

  4. 4

    Trained bursary team and stood up weekly receivables review with the principal.

Expanded engagement metrics
Learners reconciled
2,400

enrolment to billing, line by line

Unbilled tuition found
22%

of a full-term fee roll

Invoices automated
100%

term-opening run from SIS

Collection by week 4
96%

up from 74% at term end

Bursary hours saved
62 hrs/term

manual invoicing eliminated

Scholarships governed
184

central register with board approval

Recovered tuition
₦312m
previously unbilled
Days-sales-outstanding
58 → 19
Parent disputes
-71%
Before and after comparison
MetricBefore SoteriaAfter Soteria
Fee collection rate74%96%
DSO58 days19 days
Billing accuracy82%100%
Parent disputes / term11834
"Soteria didn't just fix our books — they rebuilt how the bursary works. Our board finally trusts the numbers."
M
Mrs. F. Adewale
Head of School
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