AM Session (3 hours credit) – CFAM
Participants will learn how to use CFAM, a revolutionary financial analysis tool which uses visualization and graphing tools to demonstrate and report a school’s current financial status. The software application provides access to unlimited flexibility in terms of financial reporting in order to clearly tell a school’s financial story to school boards and other stakeholders. CFAM is customized for Arkansas school schools. Users can:

• Analyze up to five years of financial data 
• Analyze revenue and expenditure trends
  
• Compare revenue/expenditures to other schools
  
• Often used to create easy-to-read graphs and charts
  
• Determine if expenditure/carryover levels have been met
  
• Prepare ensuing year budget

PM Session (3 hours credit) – P-Cards
APSRC provides a total Purchasing Card (P-Card) Program that includes training, sample policies and procedures, and instructions for integrating with eFinance Plus.

A P-Card is a financial tool which districts can utilize to save time and money.  It is similar to a traditional credit card but offers more control and security for the district.
Benefits to the P-Card Program

1. Control how funds are used. Districts control what merchant categories are approved.
2. Control where funds are used. Districts choose the vendors with whom the cards may be used.
3. Control when funds are available. P-Cards do not carry a revolving line of credit. They cannot be used until the district makes funds available. Districts set the available amounts and remove the remaining balances.
4. Reduces paperwork and processing time.  Purchase without purchase orders and reduce the associated labor. The program can integrate with eFinance Plus.
5. Customization. APSRC will help you set up the program to work best for YOU.  Cards will be customized with each district’s logo.
6. EARN REBATES. Districts earn an annual rebate on all purchases.

Intended Audience: District-level finance staff, superintendents

Presenters: Kendal Wells, Ken Rich, Kathy Hanlon