• Edstruments Integration

    Seamlessly pulls transaction data into the Edstruments platform

  • The integration between Edstruments and Sage Intacct allows for seamless updating of financial records from a school network’s accounting platform to the Edstruments platform. Specifically, it regularly pulls updated transaction data from a network’s Sage Intacct instance to update the budget to actuals data within the Edstruments platform. This ultimately allows school leaders to have a more consistent and clear view of their budget to actuals within an easy to use budget management system. It also reduces the amount of time that central office has to spend clarifying information or having one on one meetings to communicate financial data to relevant decision makers.

    This partnership eliminates any extra steps required for central office to update records and minimizes interaction with an additional system while ensuring communication of financial information is as clear as possible to school leaders.

    Key Benefits:
    Sage Intacct users would be able to use the Edstruments platform more efficiently and effectively by bypassing the manual export and import of transaction data. In effect, that data would be automatically pulled from Sage Intacct, eliminating both the possiblity of human error and any time delay between transactions hitting the books and being visible for budget owners. This enables a more cost effective yield of the Edstruments key value propositions:

    • Saves central office finance staff time needed to clean and process transaction data
    • Allows school leaders to get the most up-to-date budget to actuals data in a user friendly format
    • Allows both central office and school leaders to take a more strategic view of their financial allocations
    With this integration built, more accounting data can be accessed and pulled into the Edstruments platform if the district wants this. It allows the accounting platform and Edstruments to be more in sync and operate as one rather than two separate systems.

    System Requirements:
    Sage Intacct Web Services; Using Sage Intacct as primary accounting platform and storing General Ledger there.

    Price:
    Based on student population

    About:
    Edstruments is a cross between an edtech and fintech company - we serve public school administrators by supporting them in their financial management processes. Our flagship application is a financial dashboard that can be used by everyone from district CFOs to school leaders and individual budget owners to make more effective, equitable, and transparent decisions with resources. Our platform saves central office time, makes it easier for school leaders to engage with their finances, and results in more effective resource allocation for students.


    Phone:
    Website: http://www.edstruments.com
    Year Founded: 2019
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