Streamline financial insights with CFAM
CFAM: Comprehensive Financial Analysis Model
The CFAM system is a powerful and convenient online software program designed to give school districts a quick, easy, and convenient method for analyzing their district’s financial data.
What does CFAM offer?
CFAM is customized for Arkansas school districts and offers the following features:
Analyze the current school year information (revenue, expenditures, debt, etc.) plus the previous four school years
Filters allow users to drill down into the information. Users can filter revenue and expenses by fund, source-of-fund, function, location, program, or object
Easy-to-read financial worksheets are included and ready for use
Develop customized worksheets specific to your district that can be saved for future reference. Schedule the worksheet to be emailed to you by the system on a regular basis (daily, weekly, or monthly)
Views can be shared with other licensed users
Data is updated monthly as data becomes available
Monitor required expenditure levels for Gifted and Talented, 9% M&O, MOE, and SpEd MOE. Additional required expenditure reports are regularly being developed
Compare dollars per student expenditures for any budget unit to the statewide average
Compare expenditures against those of other districts
Plan for the future – budget, predict, and observe trends
Identify potential budget or accounting problems/issues
No software to install. Access the online system with any browser on any device, on or off campus
One-stop shop for all district financial data
Getting started with CFAM
A partnership with DESE has enabled all Arkansas districts and charter schools access to up to 20 CFAM logins for the 2023-2025 school years.
Superintendents have access to district-specific Google Sheets where point-of-contact users can be assigned, and district users’ notated for receiving accounts. This can be found by clicking here.
All licensed users are required to be active employees of the district and registered using their school email address.
A cognos report is available to show the StateIDs required. eFinance Cognos path: Team Content > Financial Management System > Share Temporarily Between Districts > CFAM > APSRC CFAM User Data Report.
“The CFAM Report for the Workers Comp form is AMAZING! So thankful for APSRC and making our jobs easier!”
— Kayla Jones, Business Manager, Dierks School District
Want daily updated financial information?
CFAM_Daily combines the power of CFAM with daily updates of district-specific transaction-level data. Learn More.
Upcoming CFAM Training
Need help with CFAM? Our Finance Team is here to help.
Drop in on the first and third Wednesday of each month (no session during Spring Break week) for an informal virtual CFAM training session. APSRC staff will cover basic use, software updates or changes, and how to use specific worksheets in CFAM; CFAM users will have the opportunity to ask questions and get individual assistance on any aspect of CFAM use; and participants will learn how to use CFAM in their daily work.
Upcoming Drop-In Training Dates
July 17th
August 7th
August 21st
September 4th
September 18th
October 2nd
November 6th
November 20th
December 4th
Ready to register?
Select the register button to access the CFAM Training page. Log in, and select 'Enroll' to register for the Spring 2024 CFAM Training. For future sessions, access this page through your dashboard to join.
APSRC has created two projection tools aligned with the CISA model.
Choose your school to populate base data, then input a few variables to see your projected funding per the CISA model.
(Variables in green boxes for .XLS ; Parameters for CFAM)
Excel Projection Tool - Downloads a copy to your computer
CFAM Projection Tool - “CISA Funding Model”