Financial Management System for Schools

Improving financial management in schools, academies, MATs and colleges

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Education FinancialsLIVE is our cloud financial management system for schools and colleges. It’s backed by experience, driven by innovation and part of the Civica Education suite of software.

This scalable education finance software is designed specifically for education using cloud technology. It’s the ideal solution for growing multi-academy trusts looking to centralise their finances but needing to retain flexibility for management at school level too.

It provides a host of workflow and reporting features to make your life easier and free up time, resource and money for improving educational outcomes.

 

Discover the benefits of our cloud financial management system for schools

  • One centralised system 
  • Easy to scale if you join a trust or add more schools 
  • Intelligent bank reconciliation 
  • Painless stakeholder reporting 
  • Better decision making and budget planning
  • Automated purchase workflows 
  • Go online shopping including Amazon punchout 
  • Option to add integrated payroll, HR, asset management, payments and more.

 

Why choose Civica as your education finance software partner?

  • Unrivalled sector experience – More than 14,000 schools, trusts and colleges use Civica Education products
  • Continuous innovation – We invest 20% of our revenue into R&D and have detailed product roadmaps
  • Improved experience- Designed for education finance teams and with user experience as a priority
  • Increased accuracy– Reduce risk by minimising data entry and automating processes
  • Faster, more useful reporting– Quick and easy stakeholder reporting and informed decision making
  • A consolidated approach- A clear view of finances across your organisation
  • A great user community– Benefit from regular free webinars, workshops and user groups.

Alan Brown,

Finance Director,

Batley Multi-Academy Trust

We expect to expand our Trust in the near future and Civica’s FinancialsLIVE will fully support this, with a single point of entry to all our financial data and a real-time view of all information.

Financing your software

Did you know that some MATs can apply to the DfE for Trust Capacity Fund (TCaF) for assistance to buy the systems they need to grow? Our education suite covers not only financial management systems for schools, but estates and assets and HR and payroll too. What’s more, it’s designed to grow as you do.

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Why upgrade your finance system?

Cloud education finance software can free up valuable time, resource and budget which can be better spent supporting your students. We’ve compiled seven key reasons why you should consider FinancialsLIVE. Click below to find out how we can make every school day better.

Seven reasons to upgrade
Improved user experience

Designed for education finance teams and with user experience as a priority.

Education FinancialsLIVE:

  • Is compatible with HMRC's Making Tax Digital
  • Lets you customise workflows - create the best possible configuration for your organisation
  • Includes the ESFA's Academies Chart of Accounts as standard
  • Uses cloud technology to provide real-time access to your data, from any device.

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Increased accuracy and automation

When it comes to your financial data, Education FinancialsLIVE gives you peace of mind.

Education FinancialsLIVE:

  • Removes the need for entering information more than once, reducing the margin for error
  • Auto-populates your Academy Accounts Return (AAR), saving you time and eliminates error
  • Automates much of the 'purchase to pay' cycle - from requisitioning to receipting. This streamlines processes and minimises risk.

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Faster, more useful reporting

Providing comprehensive reports to all stakeholders is quick and easy.

With Education FinancialsLIVE you can:

  • Create and schedule bespoke, regular management reports on any data in the system
  • Make better decisions informed by real intelligence.

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A consolidated approach

With a clear view of finances across your organisation, you've got access to the bigger picture and the detail.

Education FinancialsLIVE provides: 

  • Multiple cost centres, nominal codes and accounting dimensions enabling you to compare spending across departments, academies or sites 
  • A view of individual transactions and an overview of your budget, helping you identify opportunities for cost savings.

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Find out how we can help make every school day better

Four ways efficient school management can improve outcomes for pupils

Learn how using cloud software to automate your school’s management processes can have a positive impact in the classroom and on pupils’ health and wellbeing.

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Learn more about Education FinancialsLIVE

Discover the features, modules and benefits of our cloud finance system. Simply fill in your details below and we’ll send you a brochure by return.

 

 


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