Most of the schools are currently managing spends and expenses in a cumbersome way. The process is far from transparent and in-efficient as multiple people will be buying on behalf of various departments, and with different teams. Finance teams usually struggle to find a unified view of spending across the organization in the organization.

Traditional expense management is not a good fit for schools. According to experts, only 20-25% of any typical educational institution’s expenses are being controllable at present. Institutes can get benefited by deploying proper expense management software to streamline payment, simplify expense management and cut costs.

So here is how Mfumoshule expense module can help schools in managing their complex finance systems.

Mfumoshule expense module can help in streamlining reporting processes from multiple resources in one report. A clearer and transparent report can help schools in efficiently managing their expenses, along with managing grants for respective departments. School Budget planning is one of the most complicated aspects. The planning also involves making tough decisions.