Blog updated on 27th September 2024 by Jon Isherwood
Funding constraints… paperwork… mergers ... The pressure on finance teams in the education sector is at an all-time high. In too many cases, outdated systems are hampering initiatives to streamline and improve financial management.
But what if there was a solution to help you meet these challenges? Enter the LAKE Solution for Education.
The LAKE Solution for Education is based on the market leading SunSystems Cloud. It is an integrated, scalable, and future-proof solution to all your financial management needs. Your SunSystems Cloud subscription eliminates the need to establish, maintain, and secure on-premise infrastructure, making it the ideal, cost-effective choice for organisations of all sizes. SunSystems Cloud - simple, scalable, secure modern finance.
The LAKE solution combines workflow and artificial intelligence technologies to help you eliminate paperwork in areas such as purchasing and payables. Manage the complete buying cycle from expression of need to approval of payment. Simplify purchasing while ensuring compliance with sourcing, authorisation, and financial controls. Combine automated data capture with workflow to streamline invoice registration, matching and approval.
One of the most significant advantages of SunSystems Cloud is its strength as a reporting platform. For budget holders it delivers better and more timely data to inform decision-making. For the finance team it removes the stress associated with reporting to so many different stakeholders, while saving time and giving you complete control over the output to simplify the process of adapting to change.
Your choice of service provider is every bit as important as your choice of software. Our goal is to deliver practical solutions to your requirements. We don't simply want to sell something; we want you to become an advocate for our service. LAKE supports you through every stage of your journey. From planning, through to project delivery and live running support, we help you get the most from your investment.
LAKE is an approved supplier of financial management software under a Framework operated by the Crescent Purchasing Consortium with more than 25 years' experience in the Education sector.
Hopefully, by now you are convinced of the need to take a closer look at the LAKE SunSystems Cloud solution for Education.
To learn more, please download a copy of our Beginners Guide to SunSystems Cloud for Education. Alternatively, get in touch via the LAKE website or call me on 0113 273 7788.
by Jon Isherwood
Blog Contributor.
You've heard that SunSystems Cloud is a market leading financial management solution for the Education sector. But is it suitable for your organisation? Download this guide to find out.
Call us on 0113 273 7788