ClassWallet is being used to help provide oversight of how parents spend money in their ESA accounts in real time, and could reduce the administrative burden of auditing ESA expenses. Under the previous system, which used debit cards through Bank of America, there was a higher risk for fraud and misspending whether families meant to … Continue reading “ClassWallet as a Solution to Most, if Not All, Misspending”
Jamie Rosenberg, founder and CEO of ClassWallet, spoke with Efma’s Boris Plantier about how his company is making the lives of teachers and administrators easier all over the U.S. What led to the creation of ClassWallet? After starting www.AdoptAClassroom.org, a crowdfunding platform for teachers, in 1998 and managing the organization for 15 years, I saw … Continue reading “ClassWallet’s Efma Fintech Friday Interview”
Over the last year, we’ve recognized through conversations with administrators that managing school maintenance department funds is just as complex as classroom funds, which has been ClassWallet’s area of focus to date. As a result, we decided to conduct a national survey with school maintenance heads to really get some insight into their processes, here … Continue reading “The Challenges of Managing School Maintenance Funds”
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”
From the CEO At the end of each week at ClassWallet we have a win/gratitude meeting. It gives everyone a chance to remember the importance of gratitude and to reflect on life priorities. As a Thanksgiving tradition, we ask our staff to share what in the past year they are most thankful for, and we’d … Continue reading “A Thanksgiving from Us to You”
(an open letter to skeptics) We think our product is awesome—but not everyone does. With over 135,000 users, we expect a few haters because no single company can make everyone happy all the time. With a 97% renewal rate, we know we’re doing our job well. However, we think it’s worth addressing the issues when … Continue reading “Why Doesn’t Everyone Love ClassWallet?”
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.”
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.
... Continue ReadingThe 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.
... Continue ReadingAt 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.
... Continue ReadingThe SXSW EDU Conference & Festival is a chance for an engaged community to come together around education to cultivate and empower stakeholders to advance teaching and learning. This year there was a record number of sessions submitted to be chosen to speak at the conference. ClassWallet is pleased to announce that CEO Jamie Rosenberg was among those chosen to speak at this esteemed education event.
... Continue ReadingNo 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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