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Financial Innovations

There are various efficiency projects that we are involved with. We offer  general procurement advice and good practice for a variety of areas.

We are responsible for ensuring:

  • Efficiency improvements can be delivered to schools.
  • Schools are provided with the skills, tools and support to help them buy better and obtain the best value for money possible.
  • Promoting and supporting more sustainable procurement practices and effective contract management.
  • Coordination of Services to Schools & Academies Brochure.
  • Coordination of the annual return of school's leases for IFRS accounting purposes.

eProcurement 

The majority of schools in North Somerset have been enabled on the OPEN system (Online Procurement for Educational Needs).

From 1 April the DfE are no longer involved in the project, however the emarkerplace will still be available to  schools until September. 

We are engaging with the current provider of the system to ensure that there will be an alternative system for use in schools after this date. Further information regarding the progress of this will be announced in Noticeboard.

Purchase cards

It is now possible for non cheque book schools in North Somerset to apply for a purchase card that they can use where they are not able to use traditional means of purchasing. This section contains information about how to apply and guidance for using the cards.

Procurement advice

Procurement is important as it helps to ensure that schools achieve good value for money. There is the possibility for significant savings in this area which can then be reinvested in to the school's priorities.