Financial process improvement aims to improve the quality, accuracy and timeliness of financial information to help you make informed business decisions.
we assist finance departments to be more efficient & productive
Why School Business Office PROCESS Reviews are Important
A wise person once said, “You don’t know what you don’t know”… and a School Business Office Process Review is an objective summary of how your School Business Office is performing. This blog discusses what a Process Review involves, when they should take place, and addresses the key concerns that people might have about the process.
3 Drivers for School Financial Viability
Understanding your school's performance drivers, and how all staff can impact them, can be of benefit to a school’s management. These 3 key points enable staff to predict revenue, manage costs and oversee the entire school’s financial performance.
Evaluate & Educate with Dashboards
Information dashboards are useful tools to instantly relay key information in a simple graphic. However, for dashboards to work, there must be adequate systems and processes in place that produce accurate and timely data.
We explore how to make dashboards meaningful and the potential cost benefits of automated reporting.
Dashboards are the ultimate end goal for School Management and Board reporting.
Our niche is... school financial process improvement
Our team has worked with more than 50 non-government schools and colleges. We have developed specialised accounting and consulting services to assist with improving the accuracy and timeliness to produce financial information that will assist with effective school management.
Watch our 1 minute video to find out more!
FREE ONLINE TOOLS - Reports are instantly emailed to you!
Sharing the best of what we've seen. How does your school's finance department compare to Best Practice?
A high level overview to quickly review a finance departments efficiency and productivity
A picture is worth a thousand words...
Precision Management Accounting has developed infographics to help explain complex accounting topics and issues.
In this example, numbers are just numbers until they can be compared to something meaningful.