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Traded Services > Business Support > Banking and Oracle Financial Services

Banking and OracleOur Services at a glance

  • Banking Services
    • Interest on cash balances
    • Imprest bank account
    • Debit card and cheque payments
    • Processing of income collected
  • One Source Financial Services (only available to customers using our Banking Services):
    • Electronic ordering and payment systems for goods and services
    • Electronic system for raising debts
    • Production and distribution of monthly monitoring
    • Standard monthly financial reports
    • Creation and maintenance of accounting coding structures
    • Systems training
    • Comprehensive help-desk facility
  • Purchase cards (only available to customers using our Banking Services):
    • Access to managed credit card facilities
    • Electronic notification of spend (via Lloyds CCDM)
    • Detailed electronic reports on spend
    • System training
  • Non Banking Services customers
    • Cash Income reports

Why Choose us?

We have a wealth of experience in supporting schools and other educational establishments. We offer a wide range of benefits including banking services that pay interest on your current account balances. 

cost Costs

Option 1 - Full Banking and One Source Financial Services

  • Banking services
  • One Source Financial Services
  • Purchase cards
  • Financial reports

Single School

The below cost provides access to One Source Accounts Payable for 2 users and 1 budget monitoring report.

Any additional Accounts Payable users can be requested at a cost of £629 per user.

School Type

Annual Cost

Nursery

£1,749

Primary

£1,968

Secondary

£2,350

Special

£1,968

Single Budget Federation - Where all schools within the Federation operate using a single budget

 Service

Annual Cost

Option 1 (including One Source Accounts Payable access for 2 users and 1 budget monitoring report)

£2,350

Additional One Source Accounts Payable user (if required)

£629 per user

Multi Budget Federation - Where each school within the Federation still operates using their own individual budgets

 Service

Annual Cost

Option 1 - First budget within the Federation (including One Source Accounts Payable access for 2 Users & 1 budget monitoring report)

£1,968

Option 1 - Each subsequent budget within the Federation (provides an additional 2 One Source Accounts Payable Users & 1 budget monitoring report)

£1,694

Additional Requirements

Annual Cost

Additional One Source Accounts Payable User (if required)

£629 per user

Additional budget monitoring report (if required)

£437 per report

 

Option 2 – Banking and Reporting Services Only

  • Banking Services
  • Purchase Cards
  • Financial Reports

The following prices include licencing, access and 1 budget monitoring report – these costs exclude any charges for use of the transactions service.

 School Type

Annual Cost

Nursery

£1,311*

Primary

£1,530*

Secondary

£1,858*

Federation

£1,858*

Special

£1,530*

*per budget

 

Non Banking Services

 Service

Annual Cost

Cash Income reports

£547*

*per budget

Please telephone us to discuss further if you are interested in this additional service.

search Find out more

Contact us for a demonstration of One Source's additional systems and how we can make managing your budget easier.

Danielle Russell
Purchase Card Officer
01922 650695
Danielle.russell@walsall.gov.uk

Jo Perrin
Financial Administration Officer - Accounts Payables and Oracle Support
01922 652382
jo.perrin@walsall.gov.uk

Oracle Support Team
01922 654320
oraclesupport@walsall.gov.uk