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Independent Schools Awards September 28, 2010

Posted by Alex, Managing Director in Independent Education.
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Shortlists have been announced for categories in The Independent School Awards 2010, which recognise excellence in the strategic and financial management of independent schools in the UK.

Ruthin School in north Wales has been shortlisted as a finalist in the Outstanding Financial/Commercial Initiative category.

The school has been recognised for its innovative use of technology in managing many business and financial processes – enabling it to bring in more than £1 million of revenue from fees up to four weeks earlier than it could previously.

Principal, Toby Belfield, said: “We work incredibly hard at Ruthin to ensure the school runs as efficiently and effectively as possible and we are very excited about being shortlisted for this award. Managing our electronic billing system through SIMS has saved hours of time for our staff and helped ensure invoices get to parents quickly and safely.

“With almost 50% of our parents living overseas, this has had a huge impact on our finances. We now typically receive 64% of our revenue from fees several weeks earlier than we did before, a figure amounting to half a million pounds in every billing run.”

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