CedarBridge and Saltus share finance department to cut costs
CedarBridge Academy has teamed up with private school Saltus Grammar in a bid to cut down on administrative costs.
The two secondary schools will be sharing a financial controller “to improve administrative efficiencies”.
A CedarBridge spokesman said that the public school had recently been looking to take on a new financial controller and had also considered outsourcing the work.
“As a result of this public solicitation process, an innovative, detailed, and value-driven proposal from Saltus Grammar School was received,” the spokesman said.
“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.”