Trends from the National 2020 Classroom Supply Budget Survey

If you’ve been living in a cave the last year you might have missed these two themes dominating education headlines:  Teachers striking across the country for better (pay, support, respect..the list goes on) and The necessity for teachers to dig into their own pockets to supply their classrooms ClassWallet has been surveying district finance administrators … Continue reading “Trends from the National 2020 Classroom Supply Budget Survey”

What’s in your classroom? An analysis of classroom supply fund spending.

This spring ClassWallet saw our busiest week in company history as teachers pushed to finish using up their funds on classroom purchases. While we were proud that the platform and our team made it through with flying colors, we got curious about what teachers were buying for their students. So we conducted a statewide analysis … Continue reading “What’s in your classroom? An analysis of classroom supply fund spending.”

ClassWallet Bookkeeping and Technology Survey Results

At ClassWallet we’re always joking that no company sells less efficiency and increased costs. Most technology companies position themselves as a solution that saves time and money, but what that means to people differs considerably. We’ve been told by clients they save, on average, 5 hours a week in school bookkeeping time managing teacher orders and receipt reimbursement on our platform. We wondered what impact this really has in the daily lives of these administrators. So we asked districts of all sizes across the country what the effects would be from freeing up 5 hours each week for their bookkeepers, and here’s what they had to say.

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A Conversation on Teacher Empowerment and Classroom Spending Decisions

The recent national headline “Teachers Quit Jobs at Highest Rate on Record” may be striking news to some, but it’s just an echo in the educator community. Teacher feedback consistently shows that salary is a primary motivator for job satisfaction. However, it’s frequently additional frustrations (working conditions, weak support, lack of autonomy, etc.) that fuel the final decision to walk away from what was formerly a passion for many.

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The Value of Time and Technology in the Business Office

At ClassWallet we’re always joking that no company sells less efficiency and increased costs. Most technology companies position themselves as a solution that saves time and money, but what that means to people differs considerably. We’ve been told by clients they save, on average, 5 hours a week in school bookkeeping time managing teacher orders and receipt reimbursement on our platform.

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EdTech Digest Feature of ClassWallet CEO

No stranger to education technology, Jamie Rosenberg has launched two successful technology companies in the space. His journey from mergers and acquisitions lawyer to social entrepreneur is a living example of how one person can change the world.

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How To Keep & Retain The Millennial Teacher

We sat down with international education consultant Jennifer Abrams to discuss what is needed for schools to keep and retain the millennial teacher and help this generation thrive.  Millennials make up the largest percentage of teachers, yet only 6% of superintendents think their district understands the needs of millennial teachers

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Do You Know What Motivates Millennial Teachers?

Hint: It’s not purchase orders, requisition forms and receipts. Millennials are the largest generation in the US labor force today.  That means 1 in 3 workers are now millennials and those entering school systems are not being supported in a way that is useful to their skills and needs.

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How the Finance Office Can Alleviate Teacher Shortage Problems

Providing teachers more control over classroom decisions is far more financially effective and efficient than trying to find ways to boost teacher salaries. If a teacher is choosing employment between two districts and District A gave each teacher a classroom budgeting tool that contained some funds for supplies, easy access to crowdfunding tools, additional funding that may originate from federal or local grants or PTA, and District B did not, what district do you think the teacher will choose to work for?

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Preventing P-Card Abuse & Fraud in Your District

Fraud and audit violations often happen with organizations that use Procurement-cards (P-Cards).  One reason is that P-Card fraud and misuse can be difficult to recognize until it ends up in the news.  Internal controls are meant to decrease fraud and abuse, however, P-Card purchasing data is limited.  This is one reason the misuse of funds occurs as frequently as it does.  Reconciliation reviews and monthly reports can identify suspicious activity, but don’t stop the fraud from occurring. 

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