IRIS Financials is a cloud-based school finance software that revolutionizes financial management for educational institutions. This comprehensive solution offers intelligent reporting, automated workflows, and unparalleled flexibility, enabling schools and academy trusts to make informed financial decisions. The software provides real-time visibility into financial information, consolidates multiple ledgers onto a single sheet, and maintains a detailed audit trail for compliance purposes. Designed to cater to both individual schools and academy trusts, IRIS Financials offers tailored solutions to meet the unique needs of different educational setups. It simplifies complex budgeting processes, streamlines financial operations, and enhances overall financial management efficiency. By automating routine tasks and providing powerful analytical tools, the software allows educational institutions to focus more on their core mission of delivering quality education while maintaining robust financial health.

Key Features

Intelligent Reporting IRIS Financials offers advanced reporting capabilities to provide actionable insights.

• Customizable report templates
• Real-time data analysis

Automated Workflows The software streamlines financial processes through automation.

• Automated invoice processing
• Streamlined approval processes

Unified Ledger System IRIS Financials consolidates financial data into a single, comprehensive view.

• Multi-ledger consolidation
• Real-time financial visibility

Budgeting and Forecasting The software simplifies complex budgeting processes for schools and trusts.

• Dynamic budget planning tools
• Scenario modeling capabilities

Compliance and Audit Trail IRIS Financials ensures adherence to financial regulations and maintains transparency.

• Comprehensive audit trail
• Built-in compliance checks

Benefits

Enhanced Financial Decision-Making IRIS Financials empowers schools with data-driven insights for better financial management.

• Access to real-time financial data
• Improved forecasting accuracy

Time and Cost Savings The software reduces manual work and increases operational efficiency.

• Reduced administrative burden
• Minimized errors through automation

Improved Financial Transparency IRIS Financials provides clear visibility into financial operations.

• Consolidated financial view
• Easy-to-understand financial reports

Scalability and Flexibility The software adapts to the growing needs of educational institutions.

• Suitable for single schools and multi-academy trusts
• Customizable features to match specific requirements