Financial Management

Houston District Updates Financial Management System

• By Michael Hart
• 02/18/15

A school district in northeast Houston will replace its antiquated business management system with one that will connect with its student information system and create a single database that all departments can link to.

The 22,000-plus-student Galena Park Independent School District will implement Prologic Technology Systems' TEAMS financial management solution in phases over the next year. The first phase will involve position inventory and preparing for the next budgetary cycle, followed by payroll and human resources records.

"Unlike many financial accounting systems that simply aggregate revenues and costs into categories, TEAMS provides administrators with the budget reporting tools to get a better understanding of budgeted items," said Prologic President Jeff Pepper.

The main difference, according to Prologic officials, is that the school district will now have a fully integrated system that will link every department into a single, shared database. Using a single dashboard, administrators will have access to all employee and student data.

"Districts that have been consolidating several spreadsheets from multiple administrative programs are often amazed with the built-in logic and ability to automate cumbersome processes," Pepper said.

Modules will include general ledger and journal entries, payroll, human resources, non-personnel budgeting, vendor management, procurement, accounts payable and receivable, cash flow, bank reconciliation and warehouse and fixed asset management.