Robust financial systems and processes provide a strong foundation for university strategy and achievement of objectives.
Effective financial management, supported by efficient and reliable financial systems, is one of the building blocks for any successful institution. Universities are facing significant changes to both their funding regimes and their commercial expectations. Achieving value for money; financial processing efficiency; effective financial planning and the importance of making the correct investment choices are all high priorities.Uniac has the experience to provide its members with reassurance that financial systems and processes are delivering what they should. We use our collective knowledge to benchmark systems and processes across the H.E. sector and to let our members know “what good looks like”. Recent audit engagements have covered areas such as: Procure to Pay (P2P), Payroll, Pensions administration, IR35, staff expenses and procurement cards.
