Product Index
School Operations
BalanceBalance
Balance
by Allovue
GRADES / Elementary (Grades K-4), High School (Grades 9-12), Middle School (Grades 5-8), Pre-K
PRICING PLANS / License
PLATFORMS / Web Browser

Visualize and analyze impact of spending on outcomes in education

Overview

SUMMARY:

Balance aggregates school and district-wide financial information into a readable, online dashboard that helps school leaders and administrators review balances and transactions, analyze trends and forecasts and create reports that tie spending to student achievement. Districts can purchase Balance for a minimum of 25 schools for $2500 per school per year. As of December 16, 2014, Balance has been used by approximately 1,000 school leaders and administrators in over 500 schools.

GOALS:

Balance aggregates school and district-wide financial information into a single, readable dashboard that helps school leaders and administrators review balances and transactions, analyze trends and forecasts and create reports that tie spending to student achievement. The product was designed to help school leaders and administrators better maintain their finances and keep up with the growing trend of decentralized funding.

APPROACH:

Balance uses an importer developed by Allovue that can read, extract and configure financial data from any custom chart or figure. It then aggregates all of this data into a single dashboard. School leaders and administrators can take advantage of the natural language and advanced search filters to easily find specific information. Users can receive daily updates on balances and transactions, and can use spending forecasts and trends analysis to proactively allocate funds. Schools and districts can also more easily review the impact specific purchases have had on student learning outcomes and other achievement metrics.

IMPLEMENTATION:

School leaders and administrators can access the financial dashboard and report generation tools through any browser.

PRICING:

Balance debuted at a price of $2500 per school per year, a price that included integration, maintenance, bug fixes, support and training, hosting and five user-license per school. The company is currently evaluating alternative pricing methods, including per-student or per-FTE pricing.

WHO IS USING IT:

As of December 16, 2014, Balance has been used by approximately 1,000 school leaders and administrators in over 500 schools. Balance is used in both the New Haven and Baltimore City school districts.

EDUCATOR REVIEWS

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PRICING PLANS

License


TECHNOLOGY PLATFORMS

This product is accessible via a web browser -- Optimized for mobile browsers

PRODUCT ATTRIBUTES

Audience

For Administrators For Administrators

Characteristics

Learning Dashboard Learning Dashboard