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.

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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.

The dashboard provides crucial information in a simple graphical representation for the Board and Management of the College.
— Danielle Dwyer, Our Lady of Mercy College Parramatta

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!

Anita’s detailed knowledge of the Education sector has been invaluable
— Tania Sargent, Westminster School

FREE ONLINE TOOLS - Reports are instantly emailed to you!

For Schools

Sharing the best of what we've seen. How does your school's finance department compare to Best Practice?

For Corporates

A high level overview to quickly review a finance departments efficiency and productivity


infographics

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.


SIGNS YOU NEED PRECISION MA:

 

Is your bookkeeping only completed at BAS time? Do you want compliance year round?

 

WHAT INFORMATION DO YOU NEED TO MANAGE, CONTROL AND GROW YOUR BUSINESS?

 

Is cashflow tight and you’re stressed about the future performance of your business?

 

WHAT DO OUR CLIENTS SAY ABOUT PRECISION MA?

 
I was referred to Anita who sat with me and went through our entire business model, operations and most importantly, how we were going to make a profit.
Anita helped set up our Xero file, and documented our workflow so I can manage the finances myself. Most importantly, I can now track our performance and profitability in a complete and coordinated accounting system.
— Gary Salvemini, Mangrove Distributors
Anita assists us with cashflow models, reconciliations and management reporting required by our banking institution on a regular basis.

Anita understands that we don’t understand accounting, yet she always relays information in a way that our staff can comprehend.

I value her knowledge and knowing that I have the support there when I need it.
— Aron Jackson, Origin PC

CONTACT PRECISION MANAGMENT ACCOUNTING:

 
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