CedarBridge financial control outsourced to Saltus

Recently the Board of Governors of CedarBridge Academy commenced a public search for a new Financial Controller. This included placing public advertisements to seek qualified individual applicants for the Financial Controller position as well as request proposals from firms who desired to take on the required work on an outsourced basis.

As a result of this public solicitation process, an innovative, detailed, and value driven proposal from Saltus Grammar School was received.

After considered review of all individual applicants and outsource proposals, the Governors determined that the Academy would receive best value by outsourcing its Financial Controller function. On the strength of its proposal, Saltus Grammar School was selected as the winning bidder to provide financial control and reporting services to the Academy. This contract allows CedarBridge Academy and Saltus to realise synergies through sharing the resources of an effective and experienced finance department at a lower net cost to each school than if both independently operated similarly experienced and well qualified finance departments. In terms of cost efficiencies and sharing of knowledge and experience this partnership is truly a win-win arrangement for both organisations.

CedarBridge is excited to be partnering with an organisation that truly understands the unique support requirements of a secondary school and hopes that this initial collaboration in the area of finance will provide a model for realising future synergies and developing other partnerships either administratively or academically between CedarBridge and Saltus or other schools.