Further & Higher Education
With the financial health of almost half of all Colleges in decline since the turn of the decade many are now running with an operating deficit in excess of 5%. Add to this the spectre of Area Reviews and reductions and changing priorities in public funding and you create a challenging financial climate for many Colleges.
College finance departments, like many in other educational institutions, are tackling these issues on a number of fronts – the use of modern technology being a key one. The rapidly increasing adoption of modern cloud-based accounting and financial management systems are enabling College FDs to reduce costs, secure efficiency gains and increase the productivity of their departments.
Designed to meet the unique accounting and financial management challenges of ambitious FE & HE Institutions, the Xledger College Accounting system is proven to help Colleges run leaner, more efficient finance departments in the Cloud combined with the ability to understand key College financials in real-time.
- Simplify day to day College financial operations through the automation of processes like procure to pay, month end close and funding and budgetary control for efficiency gains, cost reduction and increased productivity.
- Improve financial control via access to real-time SORP reporting, departmental and faculty analysis and live KPI dashboards.
- Step back from the immersion of day to day financial operations and gain the freedom to focus your energies on increasing levels of College income and pursuing alternative sources of funding.
As a fully hosted cloud solution the Xledger college accounting system is available on monthly subscription which means no vendor lock-in, no upfront capital investment, no IT headaches and access from any device anywhere anytime. Available in over 22 languages, with multi-entity and multi-currency capability, Xledger is a great choice for both UK and International educational institutions.
What our clients say about us
Swindon College offers the widest range of full-time courses in the area with a mix of learning and training; preparing students both for employment and for university study. Swindon College’s success rates have risen significantly over the last four years and we were awarded Grade 1 Outstanding status by Ofsted in 2013.
Swindon College have approximately 6,500 Further Education (FE) students (including 800 Apprentices) and 500 Higher Educ... Show all
Swindon College have approximately 6,500 Further Education (FE) students (including 800 Apprentices) and 500 Higher Education (HE) students. Show less
Williams Woodward Limited is an independent consultancy with a proven track record in providing project management and consulting services for UK and international businesses in a variety of market sectors.
The power of cloud-based systems such as Xledger is already widely recognised allowing companies, including ourselves, t... Show all
The power of cloud-based systems such as Xledger is already widely recognised allowing companies, including ourselves, to have access to current financial and business information 24/7 - rather like walking around with your latest balance sheet in your pocket. Show less
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