The Office of School Financial Services is pleased to announce the launch of the new Oracle Internal Accounts Management System (IAMS). The enterprise IAMS system will replace the current M.Y.O.B.™ stand-alone system and is integrated with Oracle HR and Budget modules, IMPACT and U.S. Bank’s SinglePoint online banking system. Thus, this one-stop system is designed to provide schools the ability to do their day-to-day accounting, cash management, book transfers and banking more efficiently. Schools now have the ability to view daily bank transactions, print treasurer receipts, initiate and complete book transfers directly to spending lines, setup and maintain vendor files and run school reports. And, because the system is in Oracle, it is accessible from any school computer and there is no need to backup information. The system has successfully been piloted in 23 schools over the summer.
The new IAMS system will be rolled out to schools beginning in September with the Track E schools.
Remember to keep current with your internal accounts to make your transition to the new system easier. If you need assistance, contact the Business Service Center.
For additional information, please contact School Financial Services IAMS team:
Hotline: 553-2750
Email: IAMS@cps.k12.il.us
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