Paystack is great for collecting payments. But schools need more — debt tracking, payroll, expense management, and proper financial reports. That's Fundtrak.
Common challenges that lead schools to look for an alternative.
It's just a payment page — not a school management tool
No way to chase parents who haven't paid
Can't track partial payments or outstanding balances properly
No reports useful for school accounting or audits
Doesn't help with any other aspect of school finance
Have to use multiple tools to cover what one platform should do
See how Fundtrak stacks up against Paystack Schools across the features that matter most to schools.
Feature
Fundtrak
Paystack Schools
Fee Management
Fee collection & tracking
Automated debt tracking
Payment reminders (SMS)
WhatsApp notifications
Parent payment portal
Partial payment tracking
Multi-term fee structures
Payroll & HR
Staff payroll management
Salary advance tracking
Approval workflows
Payslip generation
Financial Management
Voucher & expense tracking
Bank reconciliation
Financial dashboards
Custom financial reports
Audit trails
School Operations
Student information system
Parent communication tools
Multi-branch support
Role-based access control
Payment gateway reliability
Understand the real cost of each platform for your school.
Transaction-based
Free to start
No monthly subscription feesPay only when you collect feesSmall transaction fee per paymentAll features included from day oneNo hidden charges or add-on costsTransaction-based
Paystack standard rates
An honest look at who each platform serves best.
You need a complete school finance platform, not just paymentsYou want automated debt tracking and payment remindersYou need payroll, vouchers, and expense managementYou want WhatsApp and SMS notifications for parentsYou need detailed financial reports beyond transaction logsOur team handles the heavy lifting so your school doesn't miss a beat.
Keep your Paystack account — Fundtrak integrates with Paystack for payments
Import your student records into Fundtrak
Set up fee structures with classes, terms, and categories
Parents get a proper payment portal instead of just a payment link
Gain debt tracking, reminders, and reporting from day one
Fundtrak works with Paystack for payments — and adds everything else your school needs to manage finances properly.
