We understand that Multi-Academy Trusts (MATs) continue to be threatened by reduced funding, increased running costs and reduced student numbers.
Civica Financials, an innovative school financial management system, helps Multi-Academy Trusts become financially resilient in a climate of growing financial and regulatory pressure that pushes you to deliver more with less. Our work with leading trusts has informed the development of Civica Financials, part of our suite of smart cloud software for MATs. It supports:
- Efficient, integrated and centralised management
- Reduced cost of operations
- Tangible and actionable insights
- DfE compliance
- Scalable growth.
Empower financial resilience across your school
Civica Financials is a secure, flexible and scalable financial management system. Designed specifically for Multi-Academy Trusts, it can save you time, resources and money.
Our education finance software supports DfE processes and adopts the new chart of accounts structure to ensure schools are streamlined and up to date. With time-saving workflow and reporting features, it enables you to effectively work with the resources and budgets needed to improve educational outcomes. It’s the ideal solution for growing MATs looking to centralise their finances, whilst retaining flexibility for management at school level.
Save £10K a year by moving finances to the cloud
Simplify 5-year forecasting and benchmark your financial health
Save 96 days of management accounting time each year
Why choose Civica as your MAT finance software partner?
DfE compliant – we support DfE finance processes including the CFR framework and Academy Accounts Return (ARR)
Sector expertise – more than 14,000 education providers use Civica Education products
Continuous improvement – investing 20% of our revenue into R&D means our software development never stands still
Powering better decisions – improve insight with our fast and easy-to-use stakeholder reporting with Power BI
Join our leadership programme, arrange a demo, view our pricing or read more about our solutions.
Neil Everett,
Finance Lead,
Palladian Academy Trust
Out of the MAT finance management systems we looked at, Civica Financials stood higher than the rest. The intuitive user interface, alongside sophisticated functionality, is exactly what we need as a trust to reach our goals and drive financial efficiency. We were particularly impressed with pay to procure and bank reconciliation processes.
Kingsbridge Educational Trust streamlines finances with Civica
Read why Kingsbridge Educational Trust (KET) said "Civica Financials has all the functionality that we were looking for with the reporting and analysis elements being key for meeting our goals as a Trust.”
Read the case study
FAQs
- How can Civica Financials help Multi-Academy Trusts save money?
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Civica Financials is a complete finance system for Multi-Academy Trusts. With a clear view of school finances across your trust, you can see the bigger picture and focus on the detail. Civica Financials provides multiple cost centres, nominal codes and additional accounting dimensions, enabling you to compare spending across departments, view individual transactions and gain an overview of your budget. This makes it easier to identify opportunities for cost savings.
- Is Civica Financials aligned with DfE requirements?
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Our MAT finance software supports DfE processes and adopts the new chart of accounts structure to keep schools streamlined and up to date. This includes the CFR framework and Academy Accounts Return (ARR).
- Will Civica Financials save MATs time?
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Civica Financials keeps you on track with financial dashboards, reporting features and KPI tools to help you stick to your budget and avoid unwanted financial surprises. Automated workflows ensure accuracy and help you make better decisions. Providing comprehensive reports to all stakeholders is quick and easy.
- Is Civica Financials scalable?
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Our MAT finance system is a fully scalable solution that effortlessly grows as you do. It’s the ideal solution for growing MATs looking to centralise their finance accounting software but also need to retain flexibility at school-level.
- How does Civica Financials help MATs stay on budget?
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Civica Financials enables easy punchout to online product catalogues, including Amazon Business, for efficient and transparent purchasing. MATs can also instantly streamline bank reconciliations, including income as well as expenditure, by removing all ‘pick and tick’ manual processes. You can easily import transactions digitally, or enter data manually, with support for cash flow forecasting and multiple bank accounts.
Learn more about our smart solutions for MATs
Financial resilience
We help to reduce the cost of operations and empower financial resilience across your ecosystem through efficient, integrated and centralised management of your Trust’s financial posture.
Effective teams
Maximise staff effectiveness and drive staff growth and retention for better continuity of teams with a centralised and intuitive source of the truth.
Safe environment
From statutory compliance, safer estate management and supporting pupil’s nutritional needs, we help you focus on what matters by reducing the burden of reporting and improving efficiencies.
