From the CEO
This past month we have been working diligently on the product to meet the growing demand of ClassWallet. This fall, we will be launching our new reimbursement feature that allows educators to submit images of receipts via desktop and through our mobile app, also launching in fall. In addition, due to the market demand, we have added more features to our patent-pending pursing structure making it easier than ever to manage Title I and Title II allocations, in addition to class supply and grant dollars. We are looking forward to the new school year ahead which is shaping up to be our busiest yet.
ClassWallet Expands into Tennessee; Addresses Teacher CrowdfundingClarksville-Montgomery County School System (CMCSS) of Tennessee is the latest school district to sign with ClassWallet. CMCSS has an issue with teachers fundraising on crowdfunding sites and not having visibility of money and resources coming into the district. ClassWallet’s crowdfunding feature provides schools and teachers powerful tools to engage community, while providing administrators tracking and reporting of fundraising activities and purchases.
Newark Public Schools & Zuckerberg Grant Case StudyThe Newark Public Schools case study is now available to the public. The case study highlights the efficiency and time and cost savings of ClassWallet for Newark's management and tracking of a $725,000 grant funded by Mark Zuckerberg. Click here to download the case study
Title I, Grants Management and BeyondWith the new school year a mere weeks away, school district customers are in the early stages of ClassWallet implementation. ClassWallet is making it easy for the district administrators to allocate monies from multiple sources - Title I, grants, class supplies - and keep track of how educators are spending which dollars. Reimbursements and Mobile Application Coming this Fall Soon, administrators and educators will be able manage reimbursements entirely through the ClassWallet application. Educators will be able purchase resources, professional development or travel, and upload receipts in a snap on the ClassWallet mobile application. When administrators approve, the reimbursement will be in the educator’s bank account the next day.
Districts Can Save Millions of Dollars: ClassWallet CEO Shares How at Future of Education Finance SummitClassWallet Founder and CEO Jamie Rosenberg addressed the Future of Education Finance in Baltimore July 22 with a session about the hidden costs of paper based tracking (purchase orders, receipts, forms) of expenditures.
Find UsNew Mexico Association of School Business Officers Santa Fe, NM September 14 - 16 ASBO International Phoenix, AZ September 23 - 26 Florida Association of School Business Officers St. Augustine, FL October 10 - 13
ClassWallet addresses the pain of managing checks, reimbursements, paper receipts, and the paperwork associated with tracking expenditures for school systems. The platform makes the accounting and audit trail very easy and helps reduce administrative costs.