Benefits

Costs and Budgeting are critical areas of financial control that any Council, Housing Association or other Local Government organisation must closely manage. Many of the benefits of using PS Financials demonstrate how better access to information in real time gives the cost and budgetary control required.

Some benefits give ROI (Return on Investment) in time saved, or new processes that can be introduced leading to lower costs and better control. Understanding the requirements of Local Government organisations PS Financials has accounting software that works to improve the performance and results of the services they provide:

Harry Downie, Finance Director, Walsingham Community Homes "PS Financials' multiple ledgers have not only given us the ability to accurately see all monies apportioned to an individual resident, but have also allowed us to run off meaningful reports on an ad-hoc basis, showing our financial position at any given moment." "Having key information at our fingertips enables us to focus even better on our residential care and helps us keep tighter control of our budgets."

David Fox, Financial Services Manager, Amber Valley Borough Council "Not only does the solution support commitment accounting but its flexible reporting structure enables us to devolve financial management across the authority. It is extremely easy to use, which means we were able to provide access to the information to budget holding staff, from senior managers to junior personnel, without intensive training." "Devolved financial management is a core objective of Amber Valley and can only be achieved if users are comfortable with the system. PS Financials eases the process of information access, empowering individual budget holders to manage their own budgets." Full Case Study - click here...