605.340 Business Analytics

  • Service Code: 605.340 (605.341)
    Contact(s): Bridget Harris (383-2258)
    Charges:

    • Base fee per district: $1608.16
    • Vendor chargebacks

      Description

      • The Monroe 1 RIC Business Analytics Service is designed to meet the growing need for School Business Officials (SBO’s) to create financial models to forecast future trends. Fiscal management with the ability to continuously extrapolate, track, interpret and customize budget and financial needs with the assistance of a data specialist. Such products as Frontline Analytics (Forecast 5) would be covered under this CoSer.

      Requirements

        • Core Participation
        • Licensing and maintenance for product for one year

      District Responsibilities

        • District staff acts as primary system user
        • Maintain system data
        • Configure and run required reports
        • Utilize vendor training opportunities as needed

      RIC Responsibilities

        • Basic support for data exports from ancillary financial systems
        • Assistance with basic report writing not provided by vendor
        • Contract administration, license tracking and invoicing