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Streamline accuracy, efficiency, and transparency across all financial processes and reporting
Increase efficiency by automating processes and data sharing across all of your accounting, budgeting, purchasing and approval workflows.
Provide your finance team with easy-to-use tracking and reporting tools, while encouraging staff accountability through tailored access to budget information and rules-based workflows.
Remove the guesswork from forecasting and planning with accurate, real-time data and complex reporting at your fingertips.
Define account sets and controls for multiple G/L accounts and validate up to eight dimensions, plus track budget, actuals, commitments and available funds directly in the chart of accounts. Streamline processes with approval workflows for general and recurring journal transactions.
Quickly and accurately forecast cash flow and liquidity, reconcile bank accounts, and batch process receipts. Supports EFT formats for all major banks.
Adjust and monitor as many budgets as you need, with real-time and forecasting insights to prevent end-of-year surprises, and sophisticated budget checking email approvals. Fully integrate budget commitments with purchase orders.
Set up multiple operating funds, define the relationships between funds, properly calculate inter-fund transfers and transfer entries, and manage encumbrances on restricted accounts automatically when recording financial transactions. Support sophisticated financial reporting for oversight and regulatory compliance purposes.
Simplify payment with vendor management with streamlined purchase invoicing, EFT, reminders, and expense claim processing.
Expedite customer management and sales invoicing through custom attributes and analysis, and separately post in G/L each line of invoices.
Know exactly what you have in inventory by easily tracking item purchases. Apply requisitioning to consume inventory in-house and charge the item against specific dimensions.
Achieve end-to-end visibility from purchase order to payment, with requisition approval workflows and automated orders based on business rules.
Set up and integrate assets with purchasing, accounts payable and receivable, and general ledger to track purchase, maintenance and depreciation.
Empower financial managers to make timely and proactive decisions by providing secure, real-time access to actuals versus budgets for specific departments, projects, or grants, with the ability to drill down to source data.
Enable employees to easily enter expenses online, split lines between personal and business, and combine both credit card and out of pocket expenses on the same claim, with automated approval workflows.
Provide employees with access to enter purchase requisitions or payment requests online and check against available budget in real time. Enforce purchasing policies through flexible approval workflows.
Easily manage the status of capital projects and grants in real time, including budgets, commitments, requisitions, and actuals, all fully integrated with G/L, purchasing, accounts payable and reporting. Define multiple related contacts and funding sources with payment schedules.
“After investigating multiple solutions, we were impressed with the flexibility and knowledge of the Sparkrock team. Sparkrock's Finance solution met all our critical component requirements while providing the opportunity for future growth. Their knowledge of our industry and willingness to find solutions to our unique reporting needs made them the best choice for now and the future.”
– Corrine Owen, Director of Finance & Asset ManagementDiscover
Complex financial and workforce requirements plus a shortage of time and resources can make it tough to meet your clients’ needs. Find a partner that understands your unique needs.
With more than 13 years of experience in the education space, there’s a reason Sparkrock is the #1 solution-provider for K12 school boards in Ontario. Experience technology that’s tailored to your sector.
Streamline and simplify your business processes with a solution that gives you control and visibility, from budget oversight to data access and managing relationships with clients and funders.