FOR MULTI-ACADEMY TRUSTS
IMP Finance
Financial management for
multi-academy trusts.
One ledger across every school. Every transaction lands in the right place the first time, so month-end becomes a check, not a clean-up.
FOR MULTI-ACADEMY TRUSTS
IMP Finance
Financial management for
multi-academy trusts.
One ledger across every school. Every transaction lands in the right place the first time, so month-end becomes a check, not a clean-up.
★★★★★ Excellent 4.9 out of 5, from 77+ reviews on ★ TrustPilot
Why MATs choose IMP Finance
Month-end that finally adds up.
Most finance tools were not built for MATs. Actuals land in the wrong place. Approvals happen off system. Month-end becomes a correction exercise. Every change means a support ticket and a fresh invoice. IMP Finance changes this.
IMP Finance is a finance management system built on budget-led design. Purchase orders, invoices and journals post against the budget, not against a nominal code, so actuals land correctly the first time. Month-end gets shorter. Visibility gets sharper. Your team spends less time on rework and more time making decisions.
600+
teams
Trusted by MATs of every size.
Trusted by MATs of every size.
Month-end becomes checking, not changing.
With IMP Finance the reclassifications disappear. The “actuals over here, budgets over there” split is gone. The coding inherits from the budget and follows the transaction all the way through.
Your finance team sees what’s left against every budget line, any day of the month, without waiting for month-end. Less time on rework, more time on the analysis that actually moves the trust forward.
WHAT YOU’LL GET
At a glance: Features that drive accuracy.
01. POSTING
Budget-led posting.
Every transaction inherits its nominal coding from the budget pot. Not the other way around.
02. ANALYSIS
Multi-dimensional analysis.
Tag every transaction by activity, project, fund or individual.
03. MONTH-END
Month-end in days, not weeks.
Actuals land correctly first time. So month-end is checking, not correcting.
04. BANK REC
Bank rec in minutes.
Open Banking live feeds, one-to-many matching, every school’s accounts in one screen.
05. VAT
VAT 100 & 126 in one wizard.
MTD submission for VAT 100. Ready-to-submit VAT 126 refund claim. Done.
06. YEAR-END
Year-end without the wait.
Start the new year before last year is closed. Once it’s done, it stays done, so nothing shifts after sign-off.
REPORTING AND ANALYSIS
Every figure at your fingertips.
See the full story behind every figure
Drill from any summary number to the underlying transaction. Every posting, approval and payment has a full audit trail: who did it, when, and against which budget. Run reports the way your finance team works, not the way the system imposes. Filter by school, department, fund, or any combination. Save the queries you run most.
Every reporting dimension your trust needs
Every transaction can carry multiple layers of analysis. A capital project. A school trip. An individual staff member. So, when you need to report on it, the data is already there, cut exactly the way you need it. No rekeying, no spreadsheets.
Built around how you operate
Whether your trust is GAG pooling, top slicing, centralised, decentralised, or everything in between, IMP Finance flexes to your model.
WORKFLOWS AND CONTROLS
Smarter workflows. Simpler days.
Approvals where Finance needs them
Approval workflows run where Finance needs them: payment runs, journals, VAT return postings and period close adjustments. Set the rules once, and IMP Finance routes each document to the right approver and records the decision. Every approval has a full audit trail: who approved what, when, and against which budget.
Payment runs, flexed to your structure
Run a single payment for every school, a hub, or one school at a time. Approval workflows sit inside the run itself. Generate the BACS file, send the remittances, close the loop. Direct debit suppliers can be excluded automatically, so nothing gets paid twice.
VAT DONE RIGHT
VAT, without the errors.
VAT 100, from date range to HMRC
A single, structured process takes you from date range to submission, catching any prior-dated transactions on the way. Submission is MTD-compliant and goes straight to HMRC, with nothing left sitting in spreadsheets.
VAT 126, handled the way it should be
VAT 126 works differently, and most finance tools were never built for it. They apply VAT to income, which you do not do under 126, and they will not let you record VAT on expenses as you post them, so teams end up listing every expense and VAT number by hand at claim time. IMP captures it as you go and gives you a ready-to-submit refund claim.
Coding that gets VAT right first time
VAT is set correctly at finance-code level, so every transaction carries the right treatment from the start. The common VAT errors that usually surface at return time simply do not build up, so you submit with confidence, not a last-minute reconciliation.
CUSTOMER STORIES
The finance teams ready for IMP Finance.
IMP Finance is now live. The finance leaders who run their trusts on IMP, in their own words.
“IMP Finance is the final part of our unified platform. We spent years learning the limits of existing tools and exactly what multi-academy trusts need, then built it to give that level of detail without the heavy administration. Demand has been strong, with trusts signing up ahead of launch, and it is set to become the sector-defining MAT finance tool.”
Will Jordan
Co-founder and CEO, IMP Software
BUILT & SUPPORTED BY EXPERTS
Support from people who've lived it.
We know what it’s like to manage education finance, because we’ve lived it. When something needs answering, you get a support specialist who knows the platform inside out, backed by a team of former MAT finance professionals. Not a script, not a ticket queue. Specialists sit behind every conversation.
SUPPORT ANSWERED IN
Under 30
seconds
Not 24 hours.
Not next week.
Most providers leave you lagging a ticket and waiting days. We answer in under 30 seconds on average, and that bar hasn’t moved in seven years.
BUILT & SUPPORTED BY EXPERTS
Support from people who've lived it.
We know what it’s like to manage education finance, because we’ve lived it. When something needs answering, you get a support specialist who knows the platform inside out, backed by a team of former MAT finance professionals. Not a script, not a ticket queue. Specialists sit behind every conversation.
SUPPORT ANSWERED IN
Under 30
seconds
Not 24 hours.
Not next week.
Most providers leave you lagging a ticket and waiting days. We answer in under 30 seconds on average, and that bar hasn’t moved in seven years.
Ready to see it in action?
See how IMP Finance turns month-end into a check, not a clean-up, with actuals that land right first time and numbers you can trust.”
IMP FinanceFAQs.
Our system is designed specifically for MATs, recognising their unique requirements and ensuring a seamless fit. Most importantly, it’s built around budget-led finance, meaning every purchase starts with the budget, ensuring control, consistency, and ultimately driving better forecasting and budgeting.
IMP Finance connects directly to your bank accounts via Open Banking, with live feeds that refresh multiple times a day. Transactions pull into a dedicated reconciliation screen. Match one-to-one, one-to-many or many-to-many across every school in the trust.
Yes. Payment runs can be configured to cover every school, a hub, or a single school, and span multiple ledgers in a single run. The approval workflow sits inside the payment run itself. Once approved, a BACS file is generated for upload to your bank, with remittance advices produced automatically. Direct debit suppliers can be excluded so nothing gets paid twice.
IMP Finance is fully browser-based. Nothing to install, works across devices. Finance, Purchasing, Planner and ICFP share a single database, so there's no integration to configure between IMP products. For third-party systems (MIS, billing, Amazon, BACS providers), we connect through standard connectors.
Yes. IMP Finance is designed to meet the reporting requirements of academy trusts, including the Academies Accounts Return and the Government’s Payment Practices reporting obligation.
Neither is mandated. Build your own Chart of Accounts and maintain a DfE mapping alongside it or adopt the DfE coding structure natively as your primary Chart of Accounts. Both are fully supported, and we’ll guide you through the right approach for your trust during implementation.
Three journals. Two periods can be open at the same time, so closing the year you're wrapping up doesn't block the month you're operating in. Run the year-end as many times as you need. IMP Finance only picks up transactions posted since the last run. Closed periods stay closed. Not even administrators can post into them.
Early adopters sign up under a no-nonsense cancellation clause: you can walk away risk-free up to go-live, and for a defined period after. We make our money by building a product you want to stay on, not by locking you in. If something isn’t working, we’d rather know and fix it than keep you trapped in a contract.