Nedbank has created innovative financial solutions for schools, teachers, parents and learners. With these solutions we can move your school to complete financial wellbeing – together.
Our priority is to help your school run efficiently by reducing the unnecessary financial administrative burden, so that you can focus on what’s most important – your learners. Nedbank is the first bank that takes a holistic approach to schools’ finances and offers innovative financial solutions to create value for schools, teachers, parents, learners, and even suppliers.
We know that schools face many challenges. With this in mind we, together with our partners, have designed a range of innovative financial management solutions to make life easier and position your school to run better and more profitably. Your school will also be geared for growth, using an ecosystem approach that considers everyone – from learners and parents to teachers and the school itself.
Nedbank, together with our partners, is the only bank that offers these innovative school financial solutions that will save you time, ease your administrative burden and improve efficiencies, governance and control – easily and conveniently.
SchoolAdvisor helps you make better purchasing decisions through a simple online procurement platform that brings schools and suppliers together. This easy-to-use system enables you to find suppliers, research products and compare quotes from top-rated suppliers – all in one place. SchoolAdvisor will save you time, ease the burden of school procurement, and keep suppliers accountable through a school-to-school peer review process.
Karri is a payment app that allows schools to collect
payments from parents easily and thereby helps teachers focus their valuable time on educating learners rather than managing cash collection for events. Karri helps schools become more efficient by streamlining payment collection processes, increasing event attendance and significantly reducing the time spent on cash reconciliation.
Karri allows parents to make quick, exact payments
for school events, such as civvies days and school outings, directly to the school, instead of sending children to school with envelopes of cash.
TendoPro – online revision platform
Today’s youth are ambitious and see education as the key to a successful future. TendoPro is a free revision platform showcasing extra-curricula material with a focus on high-school Maths and Maths Literacy that is aligned with curriculum assessment policy statements (CAPS). This relieves parents from the financial stress of paying for tutors.
TendoPro is accessible from any device and allows learners to access academic content outside of school. All revision material is bite-sized and highly engaging in the form of videos and short quizzes.
Learners earn points in the form of TendoBerries for doing their revision, which can be redeemed on the site for cool rewards, such as airtime, data and music downloads.
With the right financial investments your school is able to earn competitive interest rates on its excess capital and have access to its funds at short notice, if necessary. Managing and tracking surplus cash reserves is time consuming. With Nedbank’s cash
management solution for schools we offer you the ability to optimise your school’s working capital through automatically moving surplus cash into an account that gives a better return.
Are you concerned about the time, hassle and additional costs incurred when moving your school’s debit orders between banks? Our debit order switching service helps schools switch their debit orders to their new Nedbank account quickly
and easily. Facilitated debit order switching allows for hassle-free capturing and automation of the debit order switch, and the school is kept informed by email.
Our holistic approach includes a free SMS service that sends reminders to parents about any upcoming events or outstanding payments.
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