This unique new partnership allows administrators, families, and teachers to enjoy a convenient and fully integrated school management experience.
Lincoln, NE. October 23, 2014—Earlier this year, FACTS Management, the leader in payment plan solutions for K–12 schools, acquired RenWeb School Management Software, one of the leading school information systems for private schools. They now serve a total of more than 9,000 schools across the country.
With their resources and associates combined, FACTS and RenWeb now offer an unrivaled end-to-end student information and billing management solution for school administration, teachers, parents, and students alike.
School management functions (admissions, enrollment, etc.) and tuition management/financial aid assessment are normally separate processes for schools. But with the integrated FACTS/RenWeb end-to-end experience, parents can now fill out an online school application and apply for financial aid as part of the same process. Once a child is accepted into school, parents can set up a tuition payment plan as part of the school’s online enrollment process. Additionally, teachers have the ability to work using apps for iPads, iPhones, and Android devices, while parents and students can stay updated with the RenWeb mobile app for iOS and Android.
Processes are also simplified for school administrators. There’s no need to worry about managing duplicated student information across various platforms in use at the school. Instead, using FACTS and RenWeb, administrators will have integrated, end-to-end access to all the information they need to make decisions about school management, parent communications, and school finances.
“Never before has there been a school management solution this powerful and comprehensive,” said Tim Tewes, CEO of FACTS Management. “With the FACTS/RenWeb integrated solution, using separate academic and financial platforms within the same institution has become a thing of the past. Schools and families have everything they need, right at their fingertips.”
“We are pleased to extend RenWeb’s integration into the tuition payment plan and financial aid services offered by FACTS for the benefit of the schools we share,” said Brad Lee, CEO of RenWeb School Management Software. “We plan to continue expanding our integration further as new opportunities arise.”
Many of the schools currently served by FACTS and RenWeb are already benefiting from this integrated, end-to-end experience. This is only the beginning of the innovative new ideas that this partnership will enable.
About FACTS Management Company
FACTS, www.factsmgt.com, a Nelnet company (NYSE: NNI), of Lincoln, Neb., is committed to making educational dreams possible for families and students, as well as enhancing the financial stability and affordability of educational institutions. FACTS serves more than one million families at over 6,500 schools, and manages $6.9 billion in tuition funds annually. FACTS offers a comprehensive suite of services including tuition management, payment administration and processing, and financial needs assessment.
RenWeb’s power, integration, ease-of-use and affordability are demonstrated daily in more than 3,000 customer schools as the leading provider of next-generation Cloud-based school information systems. As a FACTS company, RenWeb’s unmatched convenience and service include complete installation of the software, including conversion of data, along with a client interface that provides easy access to 300 integrated features. Developed by a university dean, RenWeb is leading the migration of schools to Cloud-based systems, bringing administration, parents, students, and the classroom together with anytime, anywhere access to a full range of services. Features include Admissions, Enrollment, Scheduling, Student Billing, Lunchroom Management, Health Management, Attendance, Homework, Lesson Plans, Grade Book, Report Cards, Transcripts, Extensive Reporting Capabilities, Automated Emailing, ParentsWeb and mobile apps for teachers, parents and students. For more information about RenWeb and its affordable pricing for schools of all sizes, visit www.RenWeb.com.