Reasons to upgrade your education finance software

Your Civica R32000 finance software has served you well, but now is the time to make the move to our cloud finance software, Education FinancialsLIVE.

You could save £10K a year in on premise IT costs by moving your finances to the cloud. What’s more, we’re offering a 20% software discount if you purchase before 31st July 2022. Our cloud financial management system is backed by experience, driven by innovation and part of the Civica Education suite of software.

FinancialsLIVE offers your school, college or multi-academy trust significant benefits:

  • One, centralised system for improved visibility, control and accuracy
  • Secure and scalable cloud delivery 
  • Flexibility for management at school level
  • Gain back 96 days of monthly management accounting time each year 
  • Ensure compliance and save time with built-in ESFA reporting and returns 
  • Benchmark your financial health throughout the year and simplify 5-year forecasting
  • Improve insight and decision making with fast and easy-to-use Power BI reporting 
  • Secure solution that’s accessible from anywhere.

We’d be happy to arrange a demonstration of FinancialsLIVE and show how easily we could migrate you.

Start the conversation

Why choose Education FinancialsLIVE?

Future-proof centralisation and scalability:

  • One, centralised system for improved visibility, control and accuracy 
  • Secure and scalable cloud delivery 
  • Flexibility for management at school level
  • Accessible from anywhere for remote working 
  • Improved data security and disaster recovery.

Improved budgeting and planning:

  • Comply with ESFA guidelines
  • Streamline financial processes and stakeholder reporting
  • Easily manage change
  • Take control of staffing costs with payroll integration
  • See both the bigger picture and the detail.

 

Painless stakeholder reporting:

  • Fast and easy-to-use reporting, driven by Power BI
  • ESFA compliant Chart of Accounts for simpler and more accurate returns
  • Smoother audits and more accurate fiscal control 
  • Improved visibility across the trust, college or school
  • Rapid insight with an at-a-glance view of your organisation’s financial position
  • Improved agility with rapid drill down and filtering
  • Accurate information for confident decision making.

Intelligent bank reconciliation:

  • Post and reconcile transactions
  • Save time and improve accuracy with multiple bank accounts using the same database 
  • Spend less time fixing errors by using matching rules
  • Improve data accuracy when importing statements.

Streamlined purchasing:

  • Stronger control of budgets and delegated spending authorities 
  • Improve security and consistency with centralised authentication and approval
  • Reduce queries and manual admin using automation
  • Fully auditable processes
  • Save time raising requisitions with direct connection to Amazon and other suppliers
  • Save money with centralised contract management
  • Option for automated purchase invoice processing.

Start the conversation

Simply complete the form below and we’ll be in touch to arrange a demonstration of Education FinancialsLIVE.