Hexagon integrates Dream with the WPM Education payment platform

Hexagon Software has successfully integrated the Dream accounting solution with WPM Education’s payment platform which handles around £2.6 billion in student fees every year.

With more than 160 of the UK’s leading universities and colleges currently using its payment platform, this integration will enable users to automate and enhance workflow processes relating property management, financial collection and arrears management whilst streamlining online payments for rent, utilities, tuition and more.

Harper Adams University was one of the first higher education establishments to take advantage of the additional functionality provided by this integration which has significantly improved the online experience for students making payments for everything from tuition fees to library fines. This resulted in the university being named ‘best newcomer’ at the WPM Education Awards during the company’s Annual Conference which took place on in February at the Celtic Manor Resort, Newport.

The accolade was presented to Richard Heath, Harper Adams’ Head of Financial Performance and Systems for the way that the new platform was implemented, including working with the university’s web developers, to create a one-stop-shop payments page. This has resulted in securing a 23 per cent increase in instalment plans and now more than 76 per cent of payments are taken through the online gateway. In fact, since this new service started, the platform has automated over 16,800 cash transactions.

“Integrating the Dream and WPM platforms has made the processing and recording of payments much easier for the finance team, whilst also giving our students what they need: choice and flexibility, whether they are paying for tuition, accommodation, topping up their student cards or paying library fines,” commented Richard Heath. “There is more to come in the form of an online shop through which we will be able to take payment for events, field trips, course materials and so on.”

The Dream accounting solution automates the delivery of real-time data relating to every student account to the WPM payment platform detailing what is owed and what has been paid. According to Hexagon Software: “We are the only supplier with the proven expertise to deliver this level of automation which streamlines business processes and provides greater consistency and efficiency by eliminating the need for manual entries to be made from Excel-based spreadsheets.”

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Hexagon Cloud is a new hosted platform for financial and property management solutions

Hexagon Software has announced the launch of Hexagon Cloud, a new hosted platform that extends access to its market-leading property management and financial accounting software. Hexagon Cloud will enable users to review or update information from core ‘back-office’ systems, such as approving invoices, entering account transactions or viewing property information from any internet-enabled location on any device.

“Hexagon Cloud will enable organisations to achieve administrative efficiencies and increase productivity whilst significantly reducing the total cost of ownership,” commented Hexagon Software. “Devolving Dream functionality to a hosted application will allow more users to access the system from any location using any internet-enabled mobile device to enhance decision-making, streamline accounting processes and help organisations to be more agile and responsive.”

Hexagon Cloud is a native cloud application that uses a microservice-based architecture to allow updates and new features to be seamlessly introduced to all customers as soon as they are released. It runs on a clustered container infrastructure providing elastic scalability and resilience enabling new customer environments to be created in minutes. OAuth authentication provides secure access to the application using existing Office365 or other social media credentials.

“With no upfront expenditure and low monthly costs per user, Hexagon Cloud delivers greater, more cost-effective access to business intelligence and workflows to strengthen organisational performance whilst eliminating the technicalities surrounding operating system, device or browser compatibility. Hexagon Cloud will also provide a platform for the next generation of LandMark, our market-leading property management software solution, and differentiates us from competitors with older, monolithic applications that require major upgrade projects to take advantage of new functionality,” added Hexagon.

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