Implementing a new finance system can be tricky, especially if you’re a newly formed trust who has migrated from a system suitable for maintained schools like FMS to a new system that delivers proper management accounts specific for academy trusts.
What if there’s a better way to fulfil your financial obligations? The due diligence required to make a decision can be daunting. Does your school have the capacity or the knowledge to go through the process of understanding what the requirements are within the finance office and all your stakeholders and what you need to have as output from a reporting system?
With numerous providers offering internal scrutiny services, how do academy trusts choose the right partner? What should be your key considerations when selecting an internal scrutiny provider. Ensuring effective risk management and robust internal controls is paramount for any academy trust.
Find out more about how EduPeople improves efficiencies in the MAT’s business operations as it grows, through automation and integration of processes.
This ebook provides an introduction to internal scrutiny to help academies be aware of their responsibilities and understand the options available to them.
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