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Reducing Risks and Improving Efficiency in School Payments

School districts can strengthen financial security and cut operational costs by consolidating fragmented payment systems into a single digital platform

By Michelle Dawn Mooney · August 27, 2024, 6:00 AM UTCK-12 Risk ManagementMarketscaleMichelle Dawn MooneyPayk12
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Key takeaways

01

Consolidating school payments into one platform reduces inefficiencies and improves financial security across departments.

02

Unified management of cash and credit transactions enhances transparency and reduces risk.

03

Data interoperability enables schools to streamline processes and cut down on manual financial management tasks.

In this episode of School Safety Today by Raptor Technologies, Michelle Dawn Mooney sat down with special guest, TJ Markland, General Manager of PayK12. PayK12 is a cloud-based software platform that provides districts, schools, and departments within, one digital hub for managing school payments and funds. In this episode, we'll discuss how schools can reduce risks and improve efficiency in school payments.

Key Takeaways:

  • Streamlining Payments: Consolidating all school payments into one platform reduces inefficiencies and strengthens financial security across departments.
  • Unified Transaction Management: Leveraging technology to manage both cash and credit transactions on a unified platform enhances transparency and security.
  • Emerging Trends: Data interoperability helps schools streamline processes, reduce manual tasks, and improve financial management efficiency.

TJ Markland is a recognized expert in school system payments and the General Manager of PayK12, a cloud-based software platform designed to streamline school payments and financial management. With over five years of experience at PayK12, TJ has played a pivotal role in expanding the platform's capabilities, particularly focusing on reducing risks and improving efficiency in school payment systems. Before joining PayK12, TJ worked for a payments company that built its own payment gateway for vertically integrated SaaS (Software as a Service), helping companies easily accept payments. Under TJ's leadership, PayK12 has grown significantly, now serving over 5,000 administrators across 23 states. PayK12 has recently become part of the Raptor Technologies family, allowing the integration of payment systems with safety and security features, further enhancing the offerings for school districts.

About the author

MD

Michelle Dawn Mooney is a media professional and host known for her work in broadcast journalism and B2B content.

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About the Experts

MD
Michelle Dawn Mooney

Host, School Safety Today

Michelle Dawn Mooney is a media host and content producer who covers education technology and school safety topics for MarketScale. She hosts episodes of School Safety Today, produced in partnership with Raptor Technologies. Her work focuses on translating complex EdTech solutions into accessible conversations for K-12 administrators and stakeholders.

TM
TJ Markland

General Manager

PayK12 (Raptor Technologies)

TJ Markland is the General Manager of PayK12, a cloud-based school payments platform now part of Raptor Technologies. With over five years at PayK12, he has led platform expansion efforts focused on reducing financial risk and improving payment efficiency for K-12 districts. Under his leadership, PayK12 has grown to serve more than 5,000 administrators across 23 states.