Are you confident your school is receiving the funding it should?
A clear understanding of your funding streams is key to effective financial planning. Make sure you know what to expect, and when to expect it.
#SBS #FinanceFocus #SBM #EducationFinance #SchoolBusinessLeadership
💡 Scenario-plan pupil number changes annually.
Modelling best, worst and most likely case scenarios helps trusts anticipate funding fluctuations, plan staffing structures, and respond proactively to financial pressure.
#SBS #FinanceFocus #SchoolFinance #EducationFinance #CFO #TrustFinance #MATs
This week’s finance tip for CFOs is:
Develop a rolling three-year financial forecast.
Looking beyond a single-year budget improves visibility, highlights emerging risks earlier, and enables more strategic decision-making.
#FinanceFocus #SchoolFinance #CFO #TrustFinance #FinancialPlanning #MATs
This week’s finance tip for schools and trusts:
💡 Automate at least one manual finance process per term.
Even small wins (such as automating purchase workflows or payroll imports) can save significant cumulative hours across the year.
#SBS #FinanceFocus #SchoolFinance #CFO #TrustFinance
This week’s Finance Focus tip comes from Amy Phillips, Senior Finance Consultant at SBS.
💡Add a monthly “variance spotlight”.
Highlight one key area (e.g. supplies, premises) to build financial awareness and support better decisions across your organisation.
#SBS #FinanceFocus #EducationFinance
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