Benefits
If you want to know exactly why to choose PS Financials for your Charity here are some actual benefits that can be realised. Some benefits give ROI (Return on Investment) in monetary terms, others provide payback in time saved, or new processes that can be introduced leading to lower costs. Because PS Financials works with so many Charities it provides FDs with a system that closely supports and benefits how you need to work.
Find out how support costs decrease, how hours are saved dealing with partial VAT, reports are produced quickly and in the right format to support SORP and stakeholder requirements, plus how project costing allows for close monitoring of budgets and that because PS Financials is a Unified Ledger then all financials information is up to date for Reporting, Budgeting and Forecasting:
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Carolyn Collard, Finance Manager, Glyndebourne
"Having implemented PS Financials our support costs are now much lower and we have a very modern, user-friendly accounting system that can scale up as we continue to grow. In addition, the consultants at PS Financials are good people to work with. We like having a direct relationship with the software author because we have the opportunity to suggest enhancements to new releases of the software and the speed of response is much quicker." "The introduction of partial VAT exemption has huge implications in accounting terms and our old systems simply weren't able to cope. With PS Financials the whole process for calculating the total VAT and the recoverable VAT can be fully automated, and will be a major benefit to the finance function." Full Case Study - click here... |

Jim Tindall, Director of Finance, Acorns Childrens' Hospices
"The flexibility of PS Financials was a key feature for us, especially the flexibility of reporting. The system takes away the grind of doing all the manual reconciliations & allows our accountants to concentrate on what they should be doing. PS Financials is much more flexible in how it stores data, making it easy to access the right information at the right time, whilst enabling us to slice and dice data in a number of ways for the purpose of producing management reports." Full Case Study - click here... |
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Philip Poole, Deputy Chief Executive, Bible Society
"One of the key advantages of PS Financials is that the system can be seamlessly integrated with our existing fund management software which we use to allocate funds to specific causes, providing us with a much clearer managerial overview of our finances. In addition, the user-defined drill-down functionality of PS Financials means that we are able to analyse information in a myriad of different ways to suit specific requirements." Full Case Study - click here... |

Ken Taylor, Chief Finance Officer, MAF
"PS Financials provides us with a flexible, user-friendly system, which easily copes with the number of users that we need at any one time. The multi-currency functionality in PS Financials is a major benefit. We are producing our management accounts in US dollars but all of our international offices need to be able to record transactions in their local currency.. Dealing with international customers on a day-to-day basis we are receiving monies in various other currencies. We were impressed with the ability of PS Financials to handle multiple currencies and automate the conversion process."
Full Case Study - click here... |
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Graham Mc Donald, Senior Accountant, The International HIV/Aids Alliance
"Large charities such as ourselves have very stringent statutory reporting requirements and therefore we need to be able to analyse all of our transactions in great detail. With PS Financials we are able to significantly improve our reporting and financial management across the organisation, and using the software's drill-down facility we can provide greater visibility to donors and other stakeholders of how money is being spent." "Another key feature of PS Financials is that it has broad multi-currency functionality, which was essential to us as we operate in lots of different countries using many different currencies. We report to our donors in US dollars yet we make donations to international communities around the world, so we needed to be able to handle multi-currency payments very easily." Full Case Study - click here... |

Robin Brown, Financial Accountant, Save The Children Fund
"The reporting wasn't set up in a good way organisationally, but it has now been significantly improved with the addition of Vision functionality. We are also now using multi-currency reporting, mainly for dealing with bank accounts and balance sheet controls." Full Case Study - click here... |
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