Newsletters

November marked a great milestone for the Company landing our 4th state contract, this one with the Tennessee Department of Education.  It’s exciting when the problem is real and ClassWallet can uniquely solve it. I have no doubt that ClassWallet will save the Department thousands of hours of time, substantially reduce the cost of program … Continue reading “ClassWallet News December 2019: TN State Contract, 2020 Best Places to Work, ITPalooza, and More”

I have spent the last month meeting personally with several state superintendents, and I like what I am hearing. From the top, leadership is understanding more clearly that dollars need to reach the educator in the most unencumbered way possible. Classroom resources are ground zero. Every teacher needs the ability to turn their classrooms into … Continue reading “ClassWallet News October 2019: Charter School Gains, Additional Staff, and More”

Happy spring! We hope you had a productive and engaging month. Here at ClassWallet, we spent the spring traveling throughout the country, meeting with customers and recording their experiences with ClassWallet. The feedback we received has been helpful and we are pleased to be able to share some of it with you. Take a look … Continue reading “ClassWallet Improves Reconciliation of our Purchase Order System”

I’m encouraged. The past few weeks I have been meeting with state legislators and offices of state superintendents. It is becoming abundantly clear that more emphasis is being placed on giving teachers more say in classroom-related procurement. Most states earmark amounts for classroom related purchases. Very few states legislatively mandate that teachers get direct access … Continue reading “ClassWallet Partners with Stride Bank for its Prepaid Mastercard”

I asked a superintendent that participated in a dinner I hosted about what the talent looked like among college graduates entering the teaching profession. He asked me to guess how many students from the state’s leading university graduated in December with an education degree. The answer…3. Not 3 percent. Literally 3 students. That’s very scary. … Continue reading “ClassWallet CEO Addresses Teacher Retention to School District Leaders”

Los Angeles Unified School District (LAUSD) teachers went on strike this week. Last year there were high profile teacher strikes in Arizona, Kentucky, and North Carolina. We are nearing a boiling point of teacher frustration and the potential consequences are severe. Accelerated teacher attrition, fewer teachers entering the profession, those that do as a starter … Continue reading “Florida Association of School Administrators Partners with ClassWallet”

This Fall we have signed some exciting new accounts that expanded ClassWallet’s efficiency to support programs such as those helping homeless students. Prior to ClassWallet I started the nonprofit AdoptAClassroom.org. It started first helping classrooms in my local Miami area. This was in 1998 just as the Internet was coming alive. Fast forward a few … Continue reading “Living Hungry Helps Feed Homeless Students, Now Hopefully More!”

This year we welcomed districts both big and small – from Hillsborough County Public Schools in Florida, the 8^th largest school district in the United States, to Johnson-Brock Public Schools, a one school district in Nebraska. The commonality among such a broad range of customers is they all suffer from the same problem, too much … Continue reading “Saving 15 Minutes Per Transaction Equals an Entire Month of Bookkeeping Time Savings”

Is ClassWallet the next generation of Purchase Card technology? The more we hear from our customers, the more inclined we are to say yes! It’s typical that we hear from finance officers that ClassWallet is like a Pcard, but far better. The ClassWallet platform uses “notional wallets” which give teachers all the convenience of Pcards. … Continue reading “ClassWallet Surpasses 97% Renewal Rate”

Again another back to school season is upon us, and we are on track to repeat a 99% renewal rate. We work hard to deliver real value to our customers and nothing validates our efforts more than this near perfect renewal rate track record. We view ourselves as partners to school district finance offices, not … Continue reading “ClassWallet Awarded Patent for Expense Management Innovation”

Inside ClassWallet HQ, we have been talking a lot about millennials mainly because in the next 5 years, they will make up 38% of the teacher workforce. School business offices should take notice. Millennials are unconstrained and connected. They do not accept the adage “That’s the way it has always been.” They are using smartphones, … Continue reading “ClassWallet Launches DirectPay – No More Purchase Cards Needed”

As recent teacher strikes reveal, teacher discontent across the US is high. I purport that most of the discontent is stemming from feelings due to lack of empowerment. As districts combat teacher shortages and look for ways to increase teacher morale, recruitment, and retention, one solution (and much more cost effective than teacher salary negotiation) … Continue reading “ClassWallet Reduces Fraud, Saves Time and Is As Well-Liked as Spotify and Coke”