How Sage Intacct supports finance centralisation across a group of schools

We get it — deciding to join a school group is a big deal. It’s not something you rush into as there’s a lot to weigh up, such as:

  • What might change
  • What you might gain
  • What you could lose.

And yes, when schools come together, finances can start to feel a little… complicated. Suddenly, you’re not just keeping track of one school, but several.

Don’t fret just yet though! Sage Intacct for Education is here to help.

It provides a central view of finances across all schools in your group; while still letting you look at each school individually. In other words: Complete financial visibility, however you want it, whenever you need it.

A group of teachers walking outside, smiling and laughing, at a school
A group of teachers walking outside, smiling and laughing, at a school

We get it — deciding to join a school group is a big deal. It’s not something you rush into as there’s a lot to weigh up, such as:

  • What might change
  • What you might gain
  • What you could lose.

And yes, when schools come together, finances can start to feel a little… complicated. Suddenly, you’re not just keeping track of one school, but several.

Don’t fret just yet though! Sage Intacct for Education is here to help.

It provides a central view of finances across all schools in your group; while still letting you look at each school individually. In other words: Complete financial visibility, however you want it, whenever you need it.

Read on to discover how Sage Intacct supports finance centralisation across schools joining forces.

With benefits that are hard to ignore, more and more schools are making the move to join a group

More independent schools are exploring group or partnership models, and for good reason. By working together, schools can strengthen their finances, share resources, and raise educational standards across the board.

And let’s be honest: With rising financial pressures (including the introduction of VAT on school fees), it’s never been more important to reduce costs without compromising educational excellence.

Read more: 3 powerful ways Sage Intacct can help your school navigate a VAT landscape

Of course, teaming up isn’t always simple. Every school has its own systems, processes, and quirks, which can make visibility across the group a little foggy, to say the least.

Yet, the advantages speak for themselves:

And with the right finance system, those potential disadvantages? They simply disappear.

Sage Intacct keeps your finances centralised, and you in control

Imagine having a system that does the heavy lifting for you. One that gives you the power to bring everything together in one central place, without losing the individuality of each school.

With Sage Intacct for Education, that’s exactly what you get.

Think of it as having one powerful financial hub that connects every part of your organisation; you can see the financial position of the entire group at a glance or zoom in on the details of an individual school in seconds.

Multi-entity setup

Each school can operate independently while remaining visible within a single central dashboard. This gives you oversight and control, enabling you to monitor your finances as a group or individual site.

Real-time visibility

With innovative dashboards and reporting features, Sage Intacct gives you real-time visibility and instant insights into your financial health. You can get the data you want at the click of a button, so there’s no more waiting around for month-end surprises.

Increased automation

Say goodbye to endless manual data entry (phew!). Sage Intacct automates many of your key processes, speeding up consolidations, preventing the risk of human error, and saving heaps of admin time.

Greater scalability

Adding a new school to your group? Easy. Sage Intacct scales effortlessly as your group expands.

So, what does this mean in practical terms? With Sage Intacct in place, you get more than just tidy books. You get peace of mind with:

Your finance team could gain hours back each week thanks to automation and smarter workflows. Reports that used to take days to compile can now be generated instantly, giving leadership teams the visibility they need to make strategic, data-driven decisions.

What does all of that boil down to?

Intacct is innovatively designed to make life easier for busy finance teams, bursars, and heads alike. Whether you’re preparing consolidated accounts, managing budgets across multiple schools, or analysing performance trends, Sage Intacct gives you the clarity and confidence to make better decisions faster.

Ready to empower your school group with stronger financial control? Let’s talk Sage Intacct!

Iain Barker speaking to two attendees of the Solutions Showcase 2024Choosing the right finance system early on sets a solid foundation for future success and growth. Schools need to adapt quickly to change, and having a crystal clear, central view of your finances makes that possible.

We don’t expect you to just take our word for it. Read about how schools like yours have transformed their financial management: A Sage Intacct Customer Success Story

So, why wait? Get in touch by email at enquiries@solutionscloud.uk or by calling 0115 840 5075. Our Sage specialists love chatting all things schools, systems, and strategy (we promise, no heavy sales pitch, just free demos and honest advice).

Remember: Once we have your system up and running, your school group will be able to keep focusing on what matters most in no time — providing quality education and helping your students thrive.

And don’t worry, we don’t just do a quick sell and disappear (that’s not our style); we’re in it for the long run, providing speedy Sage support as and when you need it.

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