1,000-school milestone for IMP Software, as Multi-Academy Trust finance specialists target further growth

IMP Software, specialists in provision of Multi-Academy Trust (MAT) budgeting and financial management software, are toasting success after a flurry of new customers took them past the 1,000-school milestone – less than three years after the company was formed. Exeter-based…

IMP Software - Eight areas of financial MAT growth risk

Eight areas of financial MAT growth risk

Multi-academy trusts (MATs) are being tasked with onboarding more and more new schools through growth or merger. This presents a challenge for Trusts and, from reviewing, standardising and implementing over 100 MAT budgets ourselves, we have found a string of…

Preparing for growth: is your MAT structurally and operationally aligned?

Growth is firmly back on the agenda for multi-academy trusts (MATs). We have seen, through our customer base, more and more schools joining MATs we work with – in fact, more in the last three months than in the previous…

IMP Software working with Keystone Academy Trust

Supporting centralised MAT finance at Keystone Academy Trust

Keystone Academy Trust, which was established in September 2019 to support the growth and development of primary education across south Lincolnshire, has appointed IMP Software who specialises in supporting centralised MAT finance at all levels. The Trust, which has evolved…

The Academy Trust Handbook 2021 : A Cyber Security update

The Academies Financial Handbook has been updated and renamed as the Academy Trust Handbook. The requirements and guidance within the handbook has been building over recent years, with the update this year emphasising three areas where greater clarity is provided.…

Trust centralisation in conversation with Leora Cruddas

Earlier this year we launched our A Growing Philosophy: How are Multi-Academy Trusts developing their operating models through centralisation? report. Here we share our full interview with Leora Cruddas, CEO of the Confederation of School Trusts, the national organisation and…

MAT Merger a case study

MAT Merger – Finance challenges from a CFO’s perspective – a case study

On 1st September 2020, Barnsole Primary Trust joined Maritime Academy Trust, attracted by the alignment of vision and values for staff and pupils and, given the Trusts’ geographical proximity, the opportunity to create a natural collaboration hub. The Trust which…

IMP Software MAT Centralisation

The impacts of MAT centralisation

One of the key findings of our Growing Philosophy: How are Multi-Academy Trusts developing their operating models through centralisation? report is that there is an increasing approach by MATs to see financial and non-financial centralisation as a “strategic and cultural…

Four top tips for MATs preparing for their academies BFRO budget forecast return

It’s that time of year when minds in the Multi-Academy Trust (MAT) sector usually turn to the annual Budget Forecast Return Outturn (BFRO). BFRO is typically used by the Department for Education (DfE) to review the in-year position and expected…

GAG pooling: why should MATs do it?

Our A Growing Philosophy: How are Multi-Academy Trusts developing their operating models through centralisation? report uncovered a debate around what exactly should be centralised, how and to what end, and indeed many models are available. The pooling of General Annual…

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