ClassWallet Unveils Expense Tool For School Maintenance

Miami-based FinTech ClassWallet has grown its classroom expense management offering to help with the requirements of custodial and maintenance workers in primary and secondary schools, according to a Monday (Jan. 25) announcement.

“We’re making it easier for school employees charged with maintaining school facilities to obtain the supplies they need while automating the reconciliation of their day-to-day spending in a completely paperless manner,” ClassWallet CEO and Co-Founder Jamie Rosenberg said in the announcement.

MaintenanceWallet lets school maintenance crews and custodial workers buy the materials they need to finish work orders. The tool also gives full management to facilities managers and eliminates paperwork, according to the announcement.

The technology functions similar to an open purchase order but takes away the manual reconciliation and payment processing behind the scenes. Moreover, it lets staffers charge a purchase to work orders, expenditure categories and cost centers, the announcement stated.

Other functions include a connected online shopping capability that comprises popular retailers for facilities management, according to the announcement.

ClassWallet, which was started in 2014, offers an expense management platform for maintenance workers, parents and educators who make everyday purchases but usually don’t get purchase cards.

Its collection of MaintenanceWallet, FamilyWallet and TeacherWallet offerings are geared toward “ease and flexibility for the end-user, and unparalleled control and data reconciliation for administrators,” according to the announcement.

In separate news, PayMyTuition launched an international vendor management module to change how education institutions contend with international business payments, per news in September.

The technology takes on the work of contending with global business payments with a full offering that will directly link with a school’s enterprise resource planning (ERP) system.

“Our innovative vendor management module will enable institutions access to a suite of international payment solutions that are directly integrated into their ERP and AP systems,” PayMyTuition Director of Sales Lucas Laracy said in a past announcement.