The Cost of Cash in K-12 Education: Time, Fraud, Mismanagement & Safety

For as long as there have been schools, teachers have been collecting cash from students. Field trips, lunches, fundraisers, it’s easy for parents to drop some bills into a child’s backpack and teachers are collecting, receipting, aggregating and reporting the collection. School secretaries become drop boxes.  This model leaves open, however, an avenue for misuse.  School auditors have an easy time exposing fraud, waste and non-compliance.

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The Cost of Cash in K-12 Education

From the Founder Greetings, In the course of servicing our clients and managing distributions for classroom purchases, Title I funds, grants and other school business transactions, we have consistently heard about problems schools have related to cash collection. ClassWallet has an innovative partnership with InComm, a leader in payment solutions, and will be announcing a … Continue reading “The Cost of Cash in K-12 Education”

Why Harrington Park School District Loves ClassWallet: #NYEdTechWeek Feature

There are some office facing solutions that are lights out that I love. The first group that I would talk about is ClassWallet. ClassWallet is a great business office solution and you say, “Wow that is so simple!” ClassWallet talks about student funds and accounts, field trips, things like that, and you go, ‘Oh my God that’s such a low hanging fruit.’ But everyone of us brings that brown envelope down to the office. It’s a nightmare. But ClassWallet digitizes it.

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