Upgrade your Finance/HR/Payroll Solution for Streamlined Remote Operations

School districts are experiencing the biggest strain on resources we’ve seen in decades. Leaders are managing unprecedented volatility and constant change, while budgets are projected to shrink. This means leaderships’ time and funding are both stretched. They need to get the information they need faster, clearer, and in a more actionable format. New personalized access and real-time analytics dashboards make sure leaders immediately see what they need including approvals waiting or anomalies in expenses.

The new eFinancePlus solution includes personalized access dashboards for the principal as well as Finance and HR directors. Now leaders get all the information they need immediately upon accessing eFinancePlus, including tracking key performance indicators and notifications of waiting approvals.

With BusinessPlus you can also access new real-time analytic dashboards to gain visibility into your complete financial and HR performance. These dashboards bring together a school district’s disparate data into one convenient view. You can actively monitor budgets and expenses, identify trends and anomalies, and drive better data-driven decisions. Easily track, manage, and monitor trends in finance and business operations performance with visually compelling, pre-made dashboards and ad hoc reports built with Cognos. There are even pre-made dashboards for the Superintendent, CFO, CIO, Finance, Budget, Payroll, and HR leaders.

One of the biggest recent challenges for districts is making sure approvals flow and vendors get paid on time and accurately. Getting approvals can often take too long as requests sit in an approver’s inbox or languish outside of process without alert. Business leaders have been looking for more ways to automate processes while staff are out of the office and operating remotely. Both eFinancePlus and BusinessPlus have automated workflows and approvals built on K-12 best practices. And now both provide the ability to tailor those workflows to the unique needs of your specific district. So your workflows can be easily updated to meet your changing operating needs.

Once requests are approved, printed invoices and checks present the next roadblock to remote operations. Printing is not only costly but time consuming. And it requires someone to come into the office to print and process everything. But now districts can implement P-cards and Vendor Punch-Out to empower users and avoid the paper. Both eFinancePlus and Business plus have supported Vendor Punch-Out in the past, allowing users to buy online directly from approved vendors and within the finance environment. And now both products also support P-Cards to allow your employees to purchase with a district credit card, automatically reconciling while eliminating even more paper.

Going forward, many experts predict hiring qualified teachers and staff will become even more challenging. So quickly moving from budgeting staff to recruiting and onboarding will be key as districts compete for the best talent.

PowerSchool’s integrated talent and operations products can help make the entire process painless and simple, from budget allocation for a new job opening to hiring and paying new teachers. PowerSchool now provides two-way integration with both eFinancePlus and BusinessPlus so HR and Finance teams can work within their own best-in-class solution while easily switching between the two.

PowerSchool’s Integrated Finance, HR, and Payroll Solution

PowerSchool operations products simplify complex K-12 administration processes and provides the data you need—regardless of your district’s size and complexity. We provide an integrated Finance and HR system that’s built specifically for K-12 and makes it easier to process departmental requests across functional silos. You can manage multiple budgets, implement unique HR decisions, and process complex payments—all in one place. Upgrades to our offering include:

eFinancePlus – Simplify even the most complex K-12 administration with improved out-of-the-box workflows you can tailor, a new student activities module, and personalized dashboards you can configure to your own needs.

BusinessPlus – Take advantage of a highly configurable, centrally-managed enterprise resource planning (ERP) system with the ability to tailor workflows and adapt to the unique complexities of your districts. New features include an improved P-card module, integration with PowerSchool’s talent products and Single Sign-On (SSO) across PowerSchool applications.

Go Beyond Traditional Finance and HR Solutions

PowerSchool’s operations products go beyond traditional approaches with more financial depth, analytics capabilities, and extensive K-12 expertise. This ensures K-12 CFOs have all the tools they need to be successful:

Financial Depth – Our operations products were built from the beginning as a fund accounting solution for a K-12 CFO. Features include a separate job ledger to track projects and grants, encumbrance accounting, and a flexible chart of accounts with client-specific segments to simplify reporting. But PowerSchool goes beyond just technology. We have the depth of financial experience to share best practices from across the country including this eBook on Sources of Funding for Districts.

Analytics Capabilities – PowerSchool offers advanced analytics for additional customized dashboards and reporting. We offer several standard persona-based dashboards including CFO, CIO, Superintendent, HR, Purchasing, and Payroll, getting the right information to the right person in a visually compelling way. Watch a demo.

K-12 Expertise – PowerSchool is focused on K-12, including the unique state and federal compliance needs of your school district. We provide out-of-the-box, best-in-class workflows built from 30 years of district experience, as well as integrating with other aspects of your edtech environment including the SIS and Talent solutions. Watch a demo.