Sage Intacct for Education is the preferred choice for schools seeking a comprehensive financial management solution.
Schools are meant to be playgrounds for the mind. They foster creativity, improve knowledge, and open students minds to new opportunities. So, why shouldn’t your financial software meet the same standards?
Sage can provide a platform for you to manage your independent school, academy, or Multi-Academy Trusts’ (MATs) finances the way you want. It can be tailored perfectly to fit your organisation’s specific needs, while helping you to:
- Consolidate finances across multiple schools with ease
- Empower school leaders with carefully tailored real-time reports
- Automate routine tasks like purchasing, approvals, and month-end close
- Track grants, restricted funds, and departmental budgets accurately
- Support strategic planning with data-driven financial insights.
Sage Intacct for Education could be your Holy Grail — the miraculous chalice that features heavily in Arthurian legend — with its wealth of related benefits.
You may remember it from childhood stories of Camelot, Indiana Jones, or Monty Python and the Holy Grail, which celebrated its 50th anniversary last month.
It’s said to imbue drinkers with astonishing, life-changing gifts; could Sage do the same for your school’s finances?
Read on to discover three great reasons why Sage Intacct for Education might be your school’s answer to the Holy Grail and how it could help you navigate many of the financial challenges facing the education sector.
1. The Holy Grail has healing powers — Sage Intacct for Education could assist you with identifying problems, reducing errors, and increasing efficiency
The Holy Grail is said to heal the wounds or ailments of its drinker. It’s one of the many magical qualities that led to King Arthur sending his knights on numerous quests to find it.
Your school may be dealing with its own “wounds” of sorts, caused by increasing financial pressure and budgetary black holes.
Sage Intacct for Education is designed to help you streamline your financial processes, so you’re better able to identify reoccurring problems, reduce costly errors, and boost your overall efficiency.
It can do this through:
Reporting tools, that provide you with in-depth insights into your schools’ finances, helping you to track problems and identify hidden issues
Automation of regular financial processes, including bank reconciliations and purchasing approvals, reducing the potential for human error and the costs that may arise from it
Hosting your software on a cloud-based platform, reducing the need for costly hardware and IT maintenance, and providing you with a system that is easily accessible from anywhere, at any time (provided you have internet access).
Don’t be like the Black Knight out of Monty Python’s Holy Grail and pretend everything is fine, ignoring issues, such as your limbs being slowly hacked away.
Instead, choose to be proactive and adopt a smart financial solution like Sage Intacct for Education to help you solve your existing issues and remedy ongoing problems.
It’ll leave your school, academy, or trust in a better position to face and overcome future financial challenges.
2. The Holy Grail provides the blessing of abundant sustenance — Sage Intacct for Education can help you maximise the benefits gained through your financial processes
One of the many blessings that the Holy Grail is suggested to provide is “an abundance of sustenance”. You’ll feel full and energised, as if you’ve eaten a thousand meals and drank a lake’s worth of drinks.
Sage Intacct for Education has a wide range of benefits that could energise your financial processes in a similar way.
From Excalibur to Excel — true power lies in the tools you wield
Sage Intacct has a plethora of useful financial tools that can help you to improve your financial systems and get the most out of your software.
Arthur had the mighty sword Excalibur, while the knights of Monty Python fame had the Holy Hand Grenade of Antioch to defeat the killer Rabbit of Caerbannog.
Sage’s tools can assist you with:
- Quickly and easily analysing important data
- Managing your budgets and reporting VAT
- Reporting for the Scheme of Financial Administration (SOFA) and the Department for Education (DfE).
Sage allows your team to better collaborate, like the Knights of the Round Table
Sage Intacct for Education is intended to be a centralised financial platform that incorporates as many key features and functions as possible, so that your team can take projects and tasks to completion all within a singular software solution.
It has a list of collaborative modules that allow your team to communicate effectively within the system and to leave detailed notes on ongoing projects and tasks, so important information isn’t lost along the way.
Sage Intacct’s cloud-based platform ensures all your data is centralised and readily available to your staff at a moment’s notice, no matter where they’re based, or what time they’re working (as long as they have internet access).
The end result: A better connected and more knowledgeable team that’s ready to collaboratively tackle potential challenges.
3. The Holy Grail gifts immortality — Sage Intacct for Education helps you forecast for the future and ensure your school’s financial longevity
Another gift supposedly imparted by the Holy Grail is long life or even immortality. Securing your school’s long-term future is likely to be a major goal on your agenda.
Forecasting for the future can sometimes feel like looking into a crystal ball, more Merlin’s magic than cold, hard science. Yet, with the right system at your disposal, you can utilise data and financial trends to create as accurate a road map as possible for the months, years, or decades ahead.
Arthur, the boy who would be king, was destined to rule Brittania. Sage Intacct for Education could help you to control your school’s destiny with valuable modules and features, such as:
Fund Management, which provides you with the capability to track, allocate, and report on various funding sources, improving your financial oversight and overall accountability
Spend and Budget Control, that assist with budgeting more effectively through real-time visibility, automated tracking of income and expenditure, and firm controls over spending — ensuring you make smart and informed decisions regarding your school’s financials.
The added clarity and visibility gained through Sage Intacct for Education could help you confidently plan for the future, forecast for potential scenarios, and install the foundations of financial longevity, so your school remains to teach the students of years to come.
Heavy is the head that wears the crown; you don’t need to go it alone when managing your finances
King Arthur didn’t try to manage his kingdom on his own. He had his wife Guinevere, his advisor — the wizard Merlin, and his loyal knights to rely on.
At Solutions, we’re here to help you create your financial fairytale, so that your school, academy, or trusts’ accounts function the way you’ve dreamed.
Our team of experts are here to help answer any questions you might have about Sage’s software, guide you through product demos, and ensure you have the ongoing support you need to get the most out of your software in the days, months, and years to come.
Read more: How our expanding education team can help support you
The first step on your quest is a simple one — get in touch today by emailing us at enquiries@solutionscloud.uk or by calling 0115 840 5075.
Sage Intacct for Education — your financial software Holy Grail — is here to miraculously boost your long-term future.
