PFM & iPayimpact
PFM is a simple to use but powerful back office, that imports money received through iPayimpact as well as other sources (eg non uniform days etc or other ongoing cash payments). This can be all the payments received or just specific ones such as trips, events, shops etc.
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PFM provides a cost effective and easy way for your school to manage school trips, before and after school clubs, events, donations, uniform, fundraising and any other school funds. It produces all the information the organizers needs and all the finance information your finance team requires.
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PFM is used by schools and colleges throughout the UK - from nursery schools and small primaries, to large academies. More than 2000 schools are using the program, which was first introduced in 1999
How PFM works with iPayimpact
Download report from iPayimpact
Import into PFM
If required, information is automatically synchronised from Sims.net, Integris and other pupiil record systems ensuring that information such as medical details, pupil premium status and parent contact details are always up to date.
PFM automatically important the report downloaded from iPayimpact
Other money received
Payments out
If required process other cash / cheques / DD manually
Payments out can be processed if required, or not.You can use cash, hand written cheques, pre printed cheques, bank transfer or BACS .
Bank reconciliation
Easy bank reconciliation with 'tick' system and search facility
Reports
PFM provides a very wide range of reports. These include standard Financial reports such as the Balance Sheet, Income & Expenditure, Audit Trail etc.; Account Summaries; Trip reports such as contact lists, medical lists, payment reports, debtors etc.; and Pupil reports such as payment cards, amounts owing, amounts paid etc.
Year End
Full set of year end reports and procedures
Problems and queries
Istek provides excellent, timely support, either by phone, email or remote access. Friendly, knowledgeable staff who have worked in schools are here to resolve issues quickly.
Updates and training
PFM his regularly updated and ongoing online training provided using Webex meeting room software. Onsite training also available. Please see Training section for details.