Banking and Oracle Financial Services

 Our service at a glanceBanking and Oracle

  • 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. The monies from this interest alone can potentially cover the full cost of our services.

 

cost Costs

Option 1 – Full Banking and Oracle Financial Services

  • Banking Services
  • Oracle Financial Services
  • Purchase Cards
  • Financial reports

Option 2 – Banking and Reporting Services Only

  • Banking Services
  • Purchase Cards
  • Financial Reports

 

School Type Option 1 Option 2
Nursery £1,600* £1,200*
Primary £1,800* £1,400*
Secondary £2,150* £1,700*
Federation £2,150* £1,700*
Special £1,800* £1,400*

*all costs are annual

Non Banking Services

 Service Cost
Payroll and Cash Income reports £500*
Read only access to your historical Oracle financial data £500*

* all costs are annual

Secure collections of Cash

We can arrange secure collection of cash at the following rates:

Value of Cash to be collected Fee per collection
Up to £7,500 £15.00
£7,501 to £20,000 £19.00
£20,001 or more £24.00

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. We are very keen to visit you and discuss your requirements.

Ian Tuft
Lead Financial Admin & Support
01922 652378
ian.tuft@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