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…

MAT centralisation

Thinking about MAT centralisation? Some considerations for Multi Academy Trusts and the centralisation process.

IMP Software recently produced A Growing Philosophy: How are Multi-Academy Trusts developing their operating models through centralisation? report https://blog.insidegovernment.co.uk/schools/mat-growth-research. This research identified, most significantly, the importance of centralisation as a strategic choice linked to the overarching ethos and culture of…

IMP Software shortlisted for BETT Awards Leadership and Management Solutions prize

IMP Software is one of eight finalists in the running for the BETT Awards 2021 Leadership and Management Solutions category. The winners of the prestigious awards, which are billed as “a celebration of the inspiring creativity and innovation that can…

MAT centralisation: when should the journey start?

Last month we published our A Growing Philosophy: How are Multi-Academy Trusts developing their operating models through centralisation? report. This research identified, most significantly, the importance of centralisation as a strategic choice linked to the overarching ethos and culture of…

The MAT Finance Show has a brand new look

We’re launching the new look MAT Finance Show with a special episode that was co-hosted by Arbor Education’s James Weatherill as part of their MAT Leader's series. In this episode, we meet with Jason Brown, CFO of Bath & Wells…

IMP Software scoops Market Entrant award at national EducationInvestor Awards

IMP Software's MAT finance product has won the Market Entrant award at the EducationInvestor Awards 2020, which recognise achievements in the business of education. IMP beat off stiff competition from Chatsworth Schools, Forfar Education, Hotel.School and Thuso to take home…

A Growing Philosophy – How are Multi-Academy Trusts developing their operating models through centralisation?

In July 2020, and in partnership with CJK Associates, IMP Software published a Pooling Reserves and Budget Centralisation in Multi-Academy Trusts report. Our findings, and subsequent discussions with MAT leaders, identified that the question is not so much about whether…

Image - How to embed an accurate and agile monthly reporting cycle

How to embed an accurate and agile monthly reporting cycle

What do we know about forecasting in MATS? Our team have worked with most of the largest and fastest-growing MATs in the country, gaining first-hand exposure to the monthly multi-academy trust forecast cycle. Previously part of the leadership team that…

Top 3 tips for effective MAT financial reporting

Working with a growing number of Multi-Academy Trusts across the country, we have seen various approaches to MAT Financial Reporting. There is no blueprint for what these reports should look like, but we’ve taken some key themes and created our…

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