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What is PowerSchool eFinancePlus?

PowerSchool eFinancePlus is a robust, K-12-focused finance and human resources management system designed to increase operational efficiency and accuracy for school districts. The platform integrates financial and HR workflows, allowing districts to process requests seamlessly across departments, from budgeting and purchasing to payroll and HR decisions. Designed with K-12 CFOs in mind, eFinancePlus features a separate ledger system for tracking projects and grants, advanced encumbrance accounting, and a highly flexible chart of accounts tailored to client needs. Users can leverage over 400 native, K-12-specific reports and customizable dashboards that deliver actionable, real-time insights to support strategic financial management. The platform supports remote operations with automated, cross-departmental approvals and workflows that speed up processes and reduce errors. Built to ensure compliance with K-12 regulations, eFinancePlus helps districts navigate changing reporting requirements effortlessly. It enhances transparency and accountability by centralizing financial data and simplifying audit preparations. Districts gain improved control and visibility over their finances and human resource functions, freeing staff to focus on core educational priorities. With PowerSchool’s proven security standards and decades of experience, eFinancePlus offers a trusted, scalable solution for K-12 financial and HR management. Overall, it empowers districts to operate more efficiently while supporting data-driven decisions that enhance student success.

What is MySchoolAccounting?

The intuitive design and TES Training guarantee that your team can navigate the system with ease and efficiency. The Integrated Student Control Center® acts as a centralized platform for all student-related transactions, ensuring compliance with general accounting principles and exceeding the mandates established by the State Department of Education. With the capability of real-time posting, users are able to view current balances and experience a more streamlined processing journey. This system not only simplifies processes but also automates and enhances fund management. It is seamlessly connected with both Student Records and District Accounting Systems, which allows for concurrent data entry and retrieval from various computers. Specifically designed for elementary education, it facilitates management based on classes and teachers. Furthermore, it provides tailored tracking for Student Fees and Fines and has the functionality to manage Waived Fees across multiple months and years. The use of laptops can support the generation of numerous receipt lines during registration, and teachers can conveniently enter year-end fines straight from their classrooms. In addition, teacher purchase cards can be efficiently monitored and processed, and functionalities for ACH payments, along with extensive support for both credit and debit card transactions, are included. Lastly, integrated budget development tools significantly improve financial planning and oversight, ensuring that all financial activities are well-coordinated and efficiently managed. This holistic approach not only maximizes administrative effectiveness but also enhances the overall educational experience for students.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

$325 per year
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

PowerSchool

Date Founded

1997

Company Location

United States

Company Website

www.powerschool.com/solutions/resource-planning/efinanceplus/

Company Facts

Organization Name

TES Software

Date Founded

1982

Company Location

United States

Company Website

www.tessoftware.com

Categories and Features

School Accounting

Accounts Payable
Attendance Management
Billing & Invoicing
Budgeting & Forecasting
Class Loading
Fixed Asset Management
For Private Schools
Fund Accounting
General Ledger
K-12
Payroll Management
Purchasing

Categories and Features

School Accounting

Accounts Payable
Attendance Management
Billing & Invoicing
Budgeting & Forecasting
Class Loading
Fixed Asset Management
For Private Schools
Fund Accounting
General Ledger
K-12
Payroll Management
Purchasing

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