PowerSchool (PWSC) Acquires Allovue
Summary
The acquisition supports the expansion of PowerSchoolâs financial management, analytics, and workflow capabilities, providing schools, districts, and state education leaders with the most comprehensive suite of K-12 data and analytics tools available to accurately plan budgets and provide clear visibility for their communities into district spending and the impact on student outcomes. Combining Allovue with PowerSchoolâs existing suite of products provides improved capabilities for managing district finances with tools that are intuitive, flexible, easy to use, and integrate with existing systems.â Current and future PowerSchool customers will benefit from comprehensive, system agnostic analytics, and unprecedented cross-domain insights, resulting in greater awareness of the impact of funding decisions on measurable student outcomes. âWe are thrilled that Allovueâs customers will be supported by PowerSchool so that schools, districts, and states can continue using Allovueâs solutions while also leveraging additional capabilities like PowerSchoolâs market-leading Student Information System, Connected Intelligence, and AI offerings.â Allovue customers and partners will be supported by PowerSchool going forward and will benefit from continued enhancements to their existing platform as well as new opportunities to leverage PowerSchoolâs award-winning products. âCincinnati Public Schools has successfully utilized PowerSchool ERP and Allovue applications to effectively manage our budgeting processes, seamlessly aligning with our strategic initiatives and equity goals,â said Jennifer Wagner, Treasurer and Chief Financial Officer of Cincinnati Public Schools. âAllovue and PowerSchool have been instrumental, providing excellent transparency and facilitating our budgeting process, offering performance and flexibility for our daily financial tasks, as well as supporting key reporting and analytic activities.
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