The following is an excerpt from Ester Wojcicki’s Teacher Empowerment post on Medium: Teachers are striking across the country. Fifty percent of teachers leave the profession after just five years. Teacher absenteeism is a national problem. Teachers are mad, frustrated and fed up. Salary is a focal point but their ire is rooted in more than that.
... Continue ReadingHow Cloud-Based Software That Provides Accounts Payable Automation Can Improve Your ERP System. The decision to implement an Enterprise Resource Planning (ERP) system is a cost-based decision designed to improve departmental productivity while enhancing efficiency across workflows. But, the importance of maximizing the value of an ERP system can be an expensive task. New cloud-based accounts payable automation is a solution to improve ERP processes.
... Continue ReadingClassWallet reached a new milestone reconciling over 10,000 transactions in one week. The 10,536 transactions totaled $1,012,841.59, with an average of $96.13 per transaction. Included in this number are 3,669 reimbursement transactions. For all purchases, customers did not have to collect a single piece of paper, reconcile an invoice or cut a check. Our team estimates the man-hour cost savings to customers at over $1 million.
... Continue ReadingAs a financial technology company focused on saving time and money for the school business office, we are excited to be featured as a pioneer in financial technology in a recent Heritage Foundation Education Report. In the report, Jonathan Butcher, Senior Policy Analyst for the Center for Education Policy, showcases trends in mobile money and digital wallets and explains how school districts can benefit from these new innovations.
... Continue ReadingClassWallet is saving time for the school business office and streamlining the procurement workflow for districts throughout the United States. 63,000 teachers and principals in 2,000 schools use ClassWallet to automate processes for transactions, empowering business offices to reallocate precious resources from tracking and reconciling small dollar transactions to more impactful work.
... Continue ReadingThis week ClassWallet had the opportunity to be featured on the EduTechGuys podcast. The EduTechGuys are the combined force of Jeff Madlock and David Henderson whose Twitter bio succinctly breaks down what they are about: Over 40 years of combined educational technology experience set loose on the world of podcasting.
... Continue ReadingHere at ClassWallet, we are passionate teacher advocates and work each day to help modernize school districts by bringing innovative financial technology into the classroom. We often receive feedback such as the below. Messages likes these let us know that ClassWallet is on the right path to help make teachers’ jobs a little easier.
... Continue ReadingClassWallet had the opportunity to sit down with Carlos Cornejo, senior vice president, New Consumers and Public Sector Solutions at Mastercard to chat about financial technology and share insights for school business managers. Read on to learn about new advances and see what can be applied to your school.
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