Services We Provide
Outsourced Finance
Struggling to keep up with finance staffing needs? Our Outsourced Finance services provide expert accounting, bookkeeping, and financial management — giving you accurate numbers, streamlined processes, and zero recruitment hassle. Focus on growing your business while we handle the finances.
Internal Scrutiny
At EduFinance, we deliver Internal Scrutiny services that equip trustees and management with the insight and tools needed to ensure strong financial governance and effective oversight.
Our goal is to provide a flexible service that strengthens your trust’s infrastructure, encourages best practice, and gives you complete confidence. Our internal audit offering can cover many areas; during the initial meeting we’ll agree on key priorities, which will then shape the focus of future visits, typically including elements such as the following.
Financial Controls
Delegation compliance
Non-pay expenditure testing
Purchasing & VFM
Purchasing card controls
Trip/letting/fundraising income
Cash/bank accounts
Payroll & Staffing
Starters & leavers
Additional payments
Payroll sign-off
Supply/casual worker controls
IR35 checks
-
Safeguarding
SCR completeness & accuracy
DBS/RTW/Prohibition/Section 128 checks
-
-
-
-
Procurement
Policy & legislation compliance
Supplier onboarding
P2P controls (PR→Approval→ReceipƟng→Invoice match)
-
Income, Trips & Lettings
Trip cost recovery & reconciliations
Risk assessments
Lettings pricing & invoicing
Segregation of duties
Governance & Compliance
Escalation routes
Trust policy compliance
FSM administration
Medical dietary needs processes
Purchasing
Genuine / Appropriate expenditure
Tendering
Authorisation
Card and individual’s payments
Budget Planning
Management Reports
Governor Reports
Budget Plan
Long term budget forecasting
Pupil Premium
Included with budget plans
Uses of funding agreed with Governors
Reports to Governors
Published on School Website
Absence and Vacancy Cover
As academy finance software specialists, EduFinance highly trained and qualified team is ready to step in and provide immediate staff support whenever you need it.
Over time, we have supported a wide variety of essential roles, providing cover from single-day assignments to long-term placements. This flexibility allows us to respond quickly and reliably, stepping in exactly when and where we are needed most.
