AR Banner to DaFIS Comparison

Most departments will choose either Banner or DaFIS for their accounts receivable. The main differences between the two systems pertain to who does the work and who controls the process.

Below is a chart to further define the differences.

 

  Banner DaFIS
Ensures policy compliance Your department and Student Accounting Your department
Bills customers Student Accounting Your department
Handles collections Student Accounting

Your department and General Accounting

Has contracts with professional collection agencies Yes No
Fee to use 29 to 48 cents per invoice plus a rebilling factor* None

* For more details regarding this service contact Yen Lam or Eben Sutton.

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