Balance Budget offers the most flexible setup of any K-12 focused budgeting product on the market. With the latest release, Balance Budget will allow users to leverage the position planning system to include a combination of district defined elements such as FTE, job type, position numbers, or employee, and support more use cases, including the option of average vs. actual salary budgeting.
Balance Budget managers can also access staff reports with details about over-assigned employees, budget vacancy/fill rates, position fill rates, and displaced employees. Users can easily view displaced employees and vacancies created in real time as budgets are crafted. New approval flows create an additional layer of communication between HR and Finance departments.
Balance Budget 2.0 is now available to start building 2018-2019 school year budgets.
Allovue is a K-12 education finance technology company that empowers educators to strategically and equitably allocate resources to best support the needs of students. Their signature software platform, Balance, helps educators budget, manage, and evaluate spending. Allovue also supports district financial strategy through research, training, and equity analysis. To learn more about Balance Budget, please visit allovue.com/products/balance/budget.