Finance
Finance for MATs. Tick that job off your list
Our financial management software helps large and small trusts to confidently manage their accounts at a school, group or trust level.
Maintaining financial control at a trust level allows you to streamline your processes, save costs and enhance efficiencies. Create reports for single schools, groups or the entire trust. Completing and submitting your academies accounts return (AAR) for the DfE and conducting your annual audit is made easier with Access Education Finance.
Gain central control with your MAT finance
Central financial control allows MATs to reduce costs, streamline processes and promote consistency across schools.
Permissions can be set at a trust level for individual users and/or academies. Inter-school transactions allow MATs to post one journal to various schools, while central payments and central bank reconciliations give trust finance teams more control over processes and payments with options to manage accounts individually, as a central account with sub-branches or as a single, central account.
Why choose our central financial management solutions for MATs?
Central control
Central payments and central bank reconciliations give trust finance teams more control over processes and payments.
Flexible banking
Supports MATs with multi or single accounts across different sites
Consolidated reporting
A consolidated reporting suite allows you to create reports on single schools, groups or the entire trust.
Delegation of authority
Central control allows permissions to be set at a trust level for individual users and for schools.
Academy Accounts Returns
Supports trusts to easily create and submit their Academy Account Returns (AAR).
Trust-wide visibility
Gives a complete view of the organisation at the trust level with the option to drill down into individual schools at the click of a button.
Reducing administrative burdens
Ensuring there is an efficient and effective financial layer at the MAT level gives central staff time to focus on other important tasks.
Electronic bank reconciliation
Electronic bank reconciliation provides increased accuracy, efficiencies and improved financial decision making across the trust
Electronic bank reconciliation
Whether you’re a trust with multiple bank accounts or you’ve centralised your services and have a single bank account, reconciling your transactions every week or month can be a time-consuming task. You can reconcile your account(s) by uploading a .csv version of your statement, the system will then attempt to auto match the transactions from that bank statement to unreconciled transactions in Access Education Finance.
Create easy to understand reports with MAT finance
As a trust you can create easy-to-understand monthly, termly and annual reports for governors and trustees and meet your regulatory responsibilities with simple-to-produce DfE and ESFA returns.
Reports can be run at the click of a button, including
- Management reports including balance sheet, income and expenditure and trial balance reports
- A management report for the trust
- Academy Accounts Return (AAR)
- Payment practices
- Cashflow forecast
- Analytics
- Consolidated transaction list repot
- Audit reports
- Reporting VAT
Reporting dashboards for powerful communication
Access Education Finance is delivered through Access Workspace, giving you powerful collaboration and communication tools, boosting efficiency, productivity and engagement.
The analytics and real-time information dashboard gives an up-to-date picture of your trust’s financial performance. Reporting solutions and KPI tools highlight the most important issues and trends. A fully customisable interface and drag-and-drop personalisation means you can stay on top of all your different applications from one place.
Why MATs love our finance software
Finance resources for MATs
Choosing the best finance system for your school
Covered in this guide...
- Benefits of implementing the right finance system
- Common concerns and solutions for finance systems in schools
- Choosing the right finance system for MATs or academies
- Implementing a finance system for schools
On-demand webinar: Benefits of integrated Budgets & Finance for academies & MATs
The webinar covers:
- Roadmap and plans for Access Education Budgets for academies and Multi-Academy Trusts
- Learn about how to increase your academy or MAT's operational efficiency with integrated Finance & Budgets - short demo
Five key benefits of centralisation for Multi-Academy Trusts
This guide covers:
- Benefits of MAT centralisation
- Introduction of Access Central Budgets: higher-level layer of centralisation across multiple establishments for MATs
What to include in your tender document
Procuring operational education software but don’t know where to begin? In this guide, we cover everything you need to create the perfect tender document.
On-demand webinar: Switching finance system for your MAT or academy - what to look for
This webinar covers:
- Key signs it’s time to change your MAT’s finance software
- How to select the right supplier for your MAT or academy
- See a demo of our finance software exclusively for the Education sector
- Hear about our exclusive “Only pay for one accounting software” offer
Building a business case for a school financial management system
If you’re looking to get support and investment in a new financial management system, we can help. We’ve put this guide together to:
- Help you present a convincing argument
- Show how specialist software can streamline processes, cut costs and help the school, academy or trust meet its goals
- Show how the right technology can help you deliver better value for parents, pupils and staff
When is it time to switch your MATs finance software?
This guide covers:
- Importance of having the right finance software for your MAT
- How Access Education Finance can help
