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2 June 2005
Major Update to College Funds Management Systems
 

Initiative Software is delighted to announce the availability of TeQuios, aimed specifically at supporting further and higher education organisations to manage their student payment activities. 

TeQuios delivers the same capabilities as three of Inisoft's student payment products for further and higher education organisations in a single easy to use system.  The solution offers a suite of predefined processes and user screens to track financial payments to and from students including bursary payments, childcare payments, attendance payments, Education Maintenance Allowance (EMA) payments and hardship loans.  The solution has been developed in partnership with a broad range of colleges to ensure that the capabilities meet the current and anticipated needs of the further and higher education sector.   

"We have long had a presence in the education sector where our Febas and Sefas products have supported student funds management activities.  We recognised that we could deliver more comprehensive and integrated capabilities by creating a new solution that draws upon our wider product expertise.  We have done this with considerable input from a cross section of leading colleges so that TeQuios was created to directly address today's requirements as well as being designed to satisfy those of tomorrow", comments Douglas McLoughlan, Operations Director.  "TeQuios has all the positive characteristics of its predecessors but delivered in a highly graphical and user friendly environment." 

"As an existing customer of Inisoft we are delighted to be associated with the development of TeQuios and are looking forward to using this in the near future, as we firmly believe that it will make our College more efficient in dealing with Students Funding Applications," states Liz Eaton, Bursaries Manager of James Watt College. 

"We currently utilise an excellent system from Inisoft for assessing Bursaries and Funding.  We are looking forward to processing our applications through TeQuios in August 2005," comments Catherine Dobie, Bursaries Manager of Reid Kerr College.  
  
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