Processing payments, accepting donations, audit reporting and other functions related to a comprehensive school program brings a certain amount of risk.
The e~Funds for Schools payment network has undergone a series of Risk Assessment reviews.
A comprehensive Risk Assessment program has been established in order to provide required oversight of the services provided to your school. Risk Policies and Procedures are recommended and reviewed by the Risk Assessment Committee, with oversight from the Board of Directors.
Third Party Risk Assessment and IT Security Auditing firms perform annual reviews of the company’s payment network to ensure Risk Threats have been analyzed and sufficient Risk Controls have been established.