Meeting the challenges facing the
Housing Association Finance team
In a sector where there is an increasing drive for efficiency
and value for money, and where accountability and transparency are
vital, most Finance teams spend more time than they would like
wrestling with spreadsheets and reacting to queries. There is
precious little time left to contribute to issues of performance
management and overall direction.
LAKE provide solutions for all sizes of organisations in the
social housing sector. We combine sector expertise with
market-leading financials and web based purchasing to release you
from the routine cycle of accounting and reporting to take a much
more active role in the management of overall organisation
performance.
Improved monitoring and financial control
LAKE solutions are based on SunSystems, a financial management
system renowned for its analytical power. Cost allocations and
reports can be driven by analysis dimensions such as property,
income type, scheme, tenant, contract and region, without the need
to create a long, complex chart of accounts. And point-and-click
hierarchy management tools allow you to change and model the
organisational structure with complete freedom.
Produce financial and management reports at the click of a
mouse
At the click of a mouse the LAKE SunSystems solution allows you
to produce reports from the same underlying database for all
interested stakeholders; including committees, management,
budget-holders, government, and regulatory authorities such as the
Housing Corporation or the Charities Commission.
Deliver cashable and non-cashable efficiency gains with Spend
Control
The LAKE Proactis solution helps housing associations bring
spend under control. It provides managers with complete visibility
of the cost pipeline and validates every purchase request and
commitment against budget at any level, such as department, scheme
or project. At the same time, transparent processes and
sophisticated approval-routing, guarantees improved governance
within a clear, structured, controlled spending policy.
FREE White Paper: Delivering
Efficiency Gains with Spend Control
Track movements in every fund, distinguishing between restricted
and unrestricted funds
The LAKE solution will allow you to account for any number of
funds, track incoming resources and show how each of those funds
has been used, down to the last penny.
Share information and improve workflow
The LAKE SunSystems solution includes proven interfaces to a
wide range of housing management systems to streamline the flow of
information.
