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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
  • Oracle 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 and payroll reports
    • Standard monthly financial reports
    • Electronic financial reporting system (QlikView) to enable effective budget management and monitoring
    • Creation and maintenance of accounting coding structures
    • Systems training
    • Comprehensive helpdesk 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
    • Payroll and Cash Income reports
    • Read only access to your historical Oracle financial data

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 Oracle Financial Services

  • Banking services
  • Oracle Financial Services
  • Purchase cards
  • Financial reports

Single School

The below cost provides access to Oracle Accounts Payable and / or General Ledger for 2 users and 1 budget monitoring report.

Any additional Accounts Payable / General Ledger users can be requested at a cost of £575 per user.

School Type

Annual Cost

Nursery

£1,600

Primary

£1,800

Secondary

£2,150

Special

£1,800

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

 Service

Annual Cost

Option 1 (including Oracle Accounts Payable and / or General Ledger access for 2 users and 1 budget monitoring report)

£2,150

Additional Oracle Accounts Payable / General Ledger User (if required)

£575 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 Oracle Accounts Payable and / or General Ledger access for 2 Users & 1 budget monitoring report)

£1,800

Option 1 - Each subsequent budget within the Federation (provides an additional 2 Oracle Accounts Payable and / or General Ledger 2 Users & 1 budget monitoring report)

£1,550

Additional Requirements

Annual Cost

Additional Oracle Accounts Payable / General Ledger User (if required)

£575 per user

Additional budget monitoring report (if required)

£400 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

£1,200*

Primary

£1,400*

Secondary

£1,700*

Federation

£1,700*

Special

£1,400*

*per budget

 

Non Banking Services

 Service

Annual Cost

Payroll and Cash Income reports

£500*

Read only access to your historical Oracle financial data

£500*

*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 Oracle'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