Civica Financials: Finance Management Software for MATs

Finance software for multi academy trusts and colleges

Civica Financials is a flexible, scalable system to manage MAT and college finances, drastically saving time, money and resources. It’s driven by innovation, designed specifically for MATs and colleges and is part of the Civica Education suite of software.

Our MAT finance software supports DfE processes and adopts the new chart of accounts structure to ensure schools are streamlined and up to date. With a host of workflow and reporting features to make your life easier and free up time, it enables you to effectively work with the resources and budgets needed to improve educational outcomes.

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.

Why choose Civica as your MAT or college finance software partner?

DfE compliant – Supports finance processes in line with DfE requirements, including the CFR framework and the academy accounts return

Expert 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

Faster, more useful reporting – Quick and easy stakeholder reporting and informed decision making

Civica Financials enables you to do more with less:

A complete financial suite for MATs: With a clear view of school finances across your multi-academy trust or college, 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.

Aligned with DfE financial requirements: Our MAT finance software supports DfE processes and adopts the new chart of accounts structure to keep schools streamlined and up to date.

Automated workflows and sophisticated reporting: Keep your MAT or college 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 helps you make better decisions. Providing comprehensive reports to all stakeholders is quick and easy.

A fully scalable solution: perfect for growing finance for MATs and colleges: 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.

Smart tools to help you plan budgets and shop: Civica Financials enables easy punchout to online product catalogues, including Amazon Business, for efficient and transparent purchasing. MATs and colleges 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.

Why upgrade your finance system for your MAT or college?

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 Civica Financials. Click below to find out how we can make every school day better.

Seven reasons to upgrade

NIEL EVERETT,

FINANCE LEAD,

PALLADIAN ACADEMY TRUST

Out of the MAT finance management systems we looked at, Civica Financials stood higher than the rest. With intuitive user interface alongside the sophisticated functionality is exactly what we need as a trust to reach our goals and drive financial efficiency. What we were particularly impressed with were the pay to procure and bank reconciliation processes.

Kingsbridge Educational Trust moves to centralised system for finance management

KET chose Civica Financials for its reputation, education-specific expertise, functionality, price and the confidence that the software will help them drive long-term financial stability and help meet their MAT goals.

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