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CUSTOMER STORY: The School Leadership Center

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CUSTOMER STORY: The School Leadership Center The School Leadership Center (SLC) is a not-for-pro!t 501(c) 3 dedicated to developing Louisiana's public and non-public school leaders, and optimizing teaching and learning in the school environment in order to increase student achievement. Challenge The SLC of Greater New Orleans began a collaborative effort to provide administrative assistance to numerous charter schools in the area. Many of the charter schools were missing the deadlines to report their !nancial management and health. This is an essential piece of the evaluation process for schools to maintain their charter. The charter schools each had its own !nancial application. Many, however, did not use the systems because they were cumbersome and did not provide the level of !nancial tracking, such as grant management, required to produce accurate reports. Additionally, the !nancial system used by SLC did not have the capacity or "exibility to provide effective !nancial management on behalf of the charter schools. The schools could not continue to hire staff to manipulate the !nancial system it had in place. Nearly 47 percent of charter schools fail because of !nancial management issues and problems. "The versatility of the reports makes Financial Edge the best. We are able to do everything from grant management to student activity account reports. The charter schools can segregate the accounts by clubs, for example. But then they can also pull all those accounts together to show an overview of the !nancials and present it in a format that is easy to understand. It really is the best solution." — Robert Gremillion Chief Financial Of!cer The School Leadership Center of Greater New Orleans The School Leadership Center is powered by: • Financial Edge ™ Learn More 800.443.9441 July 2016

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