• RM Finance automates the recording of invoices or bills for purchases of products and services. It enables schools to schedule payments of those bills including issuing cheques

• Cash management helps with reconciliation of monthly bank statements, cheque and credit card transactions and assists in tracking bank account balances across multiple bank accounts

• RM Finance provides the ability to import and link to suppliers' catalogues. Users can create and track purchases placed with vendors aiding them when placing repeat orders and help keep costs under control for product and service purchases

• RM Finance provides traditional financial statements such as an income statement, departmental or cost centre reporting

• Users are able to create key management reports for internal and external use

Benefits

• Based on the principle of cash accounting and commitment accounting it meets the most stringent accounting and audit requirements
• It enables you to set coding structures that meet your needs, matching them at the school level
• It includes optional auto-reconciliation links to aid data transfer between Local Authorities and schools
• Obtain accurate information, quickly and easily via its powerful and flexible reporting feature
• No formal financial background required - The use of plain English terminology enables users without a formal financial background to quickly and comfortable use the software
• Best of all, no previous financial experience required. Since it uses plain English terminology, school administrators are able to manage school finances easily
• Saves time for hard-pressed administrative staff through straightforward transaction processing
• Full purchase order processing system view, with catalogue facility, enables each line of an order to be separately analysed and allocated to a different budget heading if required
• Secure access to key management information through authorised staff logons only
• Minimal training and support requirement due to intuitive and straightforward platform
• Easy and quick data transfer via the 'Clipboard' to Standard Microsoft® Windows® applications for inclusion in other documents and reports