Double-entry accounting, budgeting, AP/AR, and compliance-ready reporting for institutions. Every disbursement has a maker-checker trail. Year-end accounts in days, not months.
Billed annually · Growth tier from £3.40
Finance closes the books three months after year end. Purchase approvals live in email threads. Nobody knows the actual budget position until the audit.
Every transaction posts two balanced journal entries. Chart of accounts configured to your institution's structure — cost centres, departments, projects, and funding streams.
NGN, GBP, USD, and EUR managed in a single ledger. Realised and unrealised FX gains/losses computed automatically on revaluation date.
Open and close accounting periods with full audit of who changed what. Reopen locked periods with dual-authorisation — no silent backdating.
Purchase requisition → LPO → goods receipt → invoice → payment. Every step linked. Vendor invoices matched three-way before payment is released.
Issue invoices, track outstanding receivables, post receipts, and reconcile bank. Ageing reports always current — no manual chasing of overdue accounts.
No payment leaves the system without a second authorised signature. Relay handles the routing — Vault holds the record. Configurable per payment type and amount threshold.
Annual budget built line by line within Vault. Departmental heads input their bids; Finance consolidates. Version history kept — no overwriting previous drafts.
Real-time comparison of approved budget against committed and actual spend. Red-flag alerts when departments approach or exceed threshold. No surprises at month end.
Budget reallocations between lines require approval workflow. Automatically documented against the originating budget line and receiving line. Auditable trail for NUC or NHIS review.
Income statement, balance sheet, and cash flow statement generated directly from the ledger. Formatted for ICAN standards. Export to Excel or PDF for auditors.
Monthly management pack: P&L by department, budget variance analysis, cash position, aged debtors/creditors. Scheduled to email the CFO on the 3rd of every month.
Full transaction-level audit log with user, timestamp, IP, and authorisation chain. Export as CSV or structured PDF for external auditors — zero manual assembly.