Allovue
Allovue is a provider of education finance software, offering solutions like Allovue Allocate, Budget Suite, and Manage to help school districts manage resources efficiently. Acquired by PowerSchool in 2024, it supports districts nationwide with tools for budgeting, spending analysis, and financial transparency.
Services
Allovue offers a range of education finance software solutions designed for school districts to improve resource allocation, budgeting, and management. Their cloud-based software includes Allovue Allocate, Allovue Budget Suite, and Allovue Manage. Each of these tools is tailored for different aspects of financial management within the educational sector, ensuring that school districts can operate efficiently and equitably.
Products
Allovue's primary products are their cloud-based software solutions: Allovue Allocate, Allovue Budget Suite, and Allovue Manage. These tools facilitate comprehensive financial management by enabling districts to allocate funds appropriately, create strategic budgets, and manage spending with ease. The integration with various ERP systems further enhances the capabilities of these products, allowing for streamlined financial operations.
Annual Education Finance Summit
Allovue hosts an annual Education Finance Summit aimed at K-12 finance leaders. This event is a platform for discussing innovative, effective, and equitable practices in education finance. It provides an opportunity for district leaders to exchange ideas, learn about new trends, and explore best practices for managing school finances effectively.
Acquisition by PowerSchool
In 2024, Allovue was acquired by PowerSchool, a leading provider of education technology solutions. This acquisition aimed to expand PowerSchool's financial management, analytics, and workflow capabilities. By joining forces, Allovue and PowerSchool seek to provide even more comprehensive tools and solutions to support school districts across the nation.
Commitment to Financial Transparency
Allovue is dedicated to promoting financial transparency within school districts. They offer tools that help school administrators and principals analyze spending and articulate financial narratives clearly. This capability helps build trust with the community by allowing districts to communicate budget and spending data transparently, aligning financial actions with educational goals.