New Forest

28/10/2020

View my financial insights (VMFI) tool update is now live

The ESFA have updated the view my financial insights (VMFI) tool, a data insights tool used by finance teams in academy trusts. The VMFI tool provides academies with rapid feedback from their financial data submitted to the Department for Education, offering guidance and advice on a range of key financial indicators.

New features added to the tool include:

  • forecasts and risks – view metrics based on your budget forecast return data and get specific recommendations to tackle risks
  • integrated curriculum and financial planning (ICFP) – by adding a few extra data cells into VMFI you can create a high-level dashboard of ICFP metrics
  • data modelling
  • commercial resources
  • new access to some services– governors will soon have the ability to log into the VMFI tool and view read-only data

View my financial insights (VMFI)

Latest Tweets

Our Tax Card for the 2021/22 tax year is now available to download for free. Visit our website to get your copy: https://bit.ly/3h2j0Nu

The IR35 changes for the private sector came into effect on 6 April 2021. In March we held a webinar presented by @ETLGlobalUK partner @Glaisyers to discuss the key changes for contractors and clients https://bit.ly/3arrucV

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