Insights & Analysis

K-12, News, Press Releases

Munetrix Offers Free Budget Allocation Comparison Report to School Districts in Budgeting Season

As we enter budgeting season, finance directors, superintendents and other administrators are facing dilemmas and difficult decisions.

The problem we see is many administrators are forced to make difficult decisions with limited data and incomplete information.

To help facilitate and illustrate a more robust methodology for finance directors, we are, for a limited, time offering a free report to any school district that wants to see how their budget allocations compare to those of all districts in their regions.

Fiscal Health, K-12, Opinion, Uncategorized

Better Data Makes Better Budgets

As we enter budgeting season, finance directors, superintendents and other administrators are facing dilemmas and difficult decisions. Whether trying to prioritize the allocation of stimulus or other surplus funds, or processing the challenging demands of budget cuts, it’s decision time.

The problem we see is many administrators are forced to make difficult decisions with limited data and incomplete information. As we will illustrate, placing unnecessary blinders on your budgeting can lead to incorrect conclusions and potentially misplaced allocations of resources.

Data Visualization Software for Municipalities in Michigan
Municipal

Data Visualization Software for Municipalities in Michigan

Data visualization software for municipalities in Michigan is a city administrator’s, mayor’s or city manager’s secret weapon that allows the entire municipality to build trust, facilitate transparency, and strengthen a culture of community. Municipal administrators, managers and employees serve as the cornerstones of the community, but they are constantly being tasked with doing more work with less time and fewer resources.

Data visualization tools allow them to make the invisible visible—all in a way that doesn’t add more work to their plates, and usually takes work off of them! The Munetrix solution for municipalities is a comprehensive suite of powerful, interdependent solutions for the whole community, taking multi-level, complex data sets and making them simple to understand, report and act upon.

What separates data from intelligence is the ability to quickly, easily and intuitively see and understand what the data is trying to tell you—both in terms of past performance as well as insights into future scenarios and likely outcomes. Think of data visualization software like the technology that monitors, reports and forecasts the ever changing weather in cities in Michigan.

To learn more about how we apply data visualization and performance analytics solutions for municipalities in Michigan, watch this video that demonstrates how a commitment to community-wide data literacy can actually serve to restore public trust and confidence in our government institutions.

A Closer Look at Munetrix’s Data Visualization Software for Municipalities in Michigan

The Enterprise Module of Munetrix offers the most complete range of data visualization software for municipalities in Michigan available. From budgeting, chart of accounts planning, forecasting and scenario building to debt management, peer benchmarking and capital improvement management, powerful interdependent apps collaborate to contextualize and visualize all data sets available, from public API to your city’s internal data systems.

Transparency and compliance solutions are available that dramatically improve upon a city’s capacity for CVTRS/CIP reporting and greater understanding of the municipality’s fiscal wellness. The solution even features software and solutions that facilitate business and process workflows for municipalities and cities.

Performance Analytics Solutions for Schools in Michigan
Education, K-12

Performance Analytics Solutions for Schools in Michigan

Performance analytics solutions for schools in Michigan are rapidly maturing—both from a standpoint of what school districts need and are discovering is now possible, as well as from the standpoint of what software can actually achieve in terms of insights and intelligence.

School districts have been managing increased transparency and compliance mandates for years, and those obligations and opportunities have only grown in scope and scale with the availability of additional federal stimulus dollars earmarked for education and technology upgrades. The recent stimulus funding presents an opportunity for educators and administrators to easily integrate performance analytics solutions for schools in Michigan that create a district-wide “culture of data literacy.” 

In doing so, administrators at schools in Michigan will need to  think differently about capital improvement planning and infrastructure spending, and they will need a strategic way to prioritize projects, identify funding sources and analyze performance. 

A Closer Look at Munetrix’s Performance Analytics Solutions for Schools in Michigan

In addition to capital improvement metrics, performance analytics for schools in Michigan include everything from financial metrics to academic performance

Financial performance analytics solutions include modules for budgeting, chart of accounts planning, forecasting, scenario building, debt management, peer benchmarking and capital improvement management.

Academic performance analytics solutions for schools in Michigan include software modules for student achievement data, progress monitoring and MTSS, educator evaluations, student needs assessments, student reporting data, student migration and enrollment trends, and much more!

Both our financial and academic performance analytics solutions for schools in Michigan are fully integrated with state-of-the-industry interoperability that meet or exceed the latest educational and IT standards.

If your school district administrators are being tasked with constantly “doing more with less” in keeping pace with today’s transparency and compliance requirements, contact us to schedule a demo of our easy-to-use and easy-to implement performance analytics solutions for schools in Michigan today!

Fiscal Health, Municipal, News, Opinion, Uncategorized

Watch: How to Restore Public Trust in Government Institutions through Data Literacy

Take a closer look at the Munetrix Municipal Module, the comprehensive, all-in-one solution for municipal administrators being tasked with doing “more with less”:

Munetrix Municipal Data Solutions

More transparency. More trust. Stronger community…Say hello to easy!

To learn more about the Munetrix Municipal Module, take our virtual today!

Education, Municipal, News, Press Releases

Munetrix Once Again Named to GovTech 100 List for 2022

Munetrix Receives Prestigious Honor for Sixth Year

Munetrix is proud to be once again featured on Government Technology’s GovTech 100 list, a compendium of 100 companies focused on, making a difference in, and selling to state and local government agencies across the United States.

Munetrix has earned this prestigious honor every year since 2016, each year the list has been researched and published by the publication covering “solutions for state and local government.” The full list can be viewed at https://www.govtech.com/100.

In an article examining whether gov tech is having its “app store moment,” Government Technology noted that “The gov tech platforms of the future are open ecosystems that embrace interoperability, data standards, service marketplaces, portable identities and accessibility-as-a-default. Companies must leverage all the drivers catalyzing this “App Store moment” to build the right foundation necessary to support the not-too-distant future of gov tech. Today’s market activity is just the tip of the iceberg.”

“We are honored to once again named to the GovTech 100 list,” said Buzz Brown, Munetrix President and CEO. “This annual recognition is further welcome testament to our team’s hard work in serving governments and school districts in partnership to provide greater transparency and to build stronger communities.”

“The GovTech 100 for 2022 exemplify the potential of public and private-sector collaboration to catalyze innovation. Each of the GovTech 100 provide critical capabilities to help state and local agencies navigate uncertainty and reimagine the way they deliver services to their constituents,” said e.Republic Chief Innovation Officer Dustin Haisler, who is heavily involved in the list’s creation.

Government Technology noted in social media posts that “the gov tech market hit record M&A highs in 2021 and continues to attract investment even during a slow economy.”

To learn more about Munetrix’s solutions to provide greater transparency in government for municipalities, please click here.

K-12, Municipal, News, Press Releases

Munetrix Announces Investment by Essex Bay Capital

Investment and expertise will fuel next stage of growth and further advance the forecasting, transparency and performance analytics company’s mission to help K-12 schools and municipalities make smart decisions.

Munetrix, a provider of municipal and school district data management tools and proprietary performance analytics applications, today announced it has received a growth equity investment by Essex Bay Capital, a private equity investment firm that partners with middle-market companies and management teams to help drive growth. Headquartered in Auburn Hills, Mich., Munetrix empowers municipal leaders, school administrators and finance leaders to make more informed financial, strategic, and academic decisions.

The investment allows Munetrix to expand its resources in areas like product development, customer support and sales. Essex Bay will continue to support Munetrix’s unique expertise, excellent customer service, as well as their extensive partnerships like Ed-Fi Alliance and data integrations like the one it has with Michigan Datahub to provide best practice guidance and resources to clients.

“I could not be more proud of the Munetrix team for living our mission and delighting our customers every single day by helping hundreds of K-12 school districts and municipalities on financial planning, budgeting, transparency and academic outcomes” said Buzz Brown, Cofounder and CEO of Munetrix. “We are excited to work with our new partners at Essex Bay who understand and appreciate our core values, and who will support our vision for product innovation and growth, both organically and through acquisitions.”

Franklin Foster, Partner at Essex Bay Capital, said, “Munetrix’s reputation as a leader and innovator in the financial planning and academic analytics realms is well-earned, as evidenced by its winning of a 2021 CODiE award, an EdTech Breakthrough Award, its ongoing GovTech100 recognition, and the clear demand for the solutions it brings to market. We look forward to partnering with the Munetrix leadership team to continue the company’s fast-paced growth and further support its mission, culture and customers.”

Additionally, as part of the transaction, Munetrix has added serial GovTech entrepreneur Steve Ressler to its Board of Directors. Steve has held numerous GovTech executives roles, including as President of Callyo, which was recently sold to Motorola Solutions, as well as serving as Chief Marketing Officer of Granicus and Founder of GovLoop. Steve will bring his experience growing GovTech companies to the next phase of growth at Munetrix.

About Munetrix:

Munetrix, among the nation’s largest aggregators of municipal and school district data, promotes municipal wellness and sustainability through its cloud-based data management tools and proprietary performance analytics applications. In partnering with Munetrix, municipalities and school districts are able to manage their data and access cost-effective products and advisory services to make meaningful and reliable budgets, financial projections, academic achievement metrics, trend reports and better-informed forward-looking decisions. More than 300 clients across the country use Munetrix’s tools to make more informed financial and business decisions and improve student success.

About Essex Bay Capital:

Essex Bay invests in small to mid-sized private companies, partnering with management to accelerate growth. With over 20 years of investing experience, and 70+ completed acquisitions, our team brings more than just capital to the equation. We are long-term investors, focused on creating sustainable value.  We build companies, organically and through add-on acquisitions to become market leaders. Partnership and alignment are at the core of everything we do. We pride ourselves on being transparent and supportive with resources, insight and expertise to create win-win opportunities for our partners. Learn more at www.essexbay.com.

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