We have developed this unique software, SBS Online, to not only provide up to ten year salary forecasting, budget formulation and full reporting suite, but also full salary and budget monitoring functionality, allowing the user to confidently forecast a school’s year-end financial position. Our ‘Multi-school’ feature allows for interaction between Schools, Federations, Clusters, Trusts and Local Authorities, and provides in depth reporting.
SBS Online accommodates Mainstream Schools, Academies, Independents, Free Schools and International Schools by supporting all financial reporting parameters – CFR, GAG and even an option for schools to customise your own reporting format. The software meets all Financial Management Standards.
Create a budget, decide the timeframe it is to run for and how you wish to report – CFR, GAG or create your own customised reporting structure. Create your staffing database within SBS Online, then ‘pick and drop’ contracts to include or exclude in your different budgets.
Seamlessly enter or import your income and non staffing expenses.
Use the reporting suite to run summary, detailed and graphical analysis of all aspects of your budget, including staffing structure costs, full budget EFA returns, budget comparisons, per pupil costs and even expenditure of specific ring fenced funds. Export your reports to Excel or PDF to take to important meetings.
Once agreed, you can fix any number of budgets to protect from any subsequent amendments.
Seamlessly import your monthly payroll file for an auto reconciliation between what actual monthly payments were made and what the expected monthly payments were according to your SBS Online budget.
This not only ensures that all staff are kept happy, but also that future budgets are correct as the relevant staffing contracts are included.
Take all future staffing commitments from SBS Online and merge the data with the actual payments and purchase orders held within your finance software to give a year-end financial position by budget code, cost centre and reporting code.