Group Finance Management

Farewell Finance Fuss 

Paper trails, manual spreadsheets, bottlenecks, and inbox chaos…sound familiar?  

Managing student group finances and grants the old way drains time, creates frustration, and slows down the activities that matter.  

MSL changes all that. Student group members can submit expenses quickly and easily, just as they’d expect. Student group executives enjoy greater control and visibility over their budgets, both the ones they are applying for and the ones they have been granted.  Behind the scenes, SU staff save hours of admin and reduce costs, freeing then up to deliver a smoother, more satisfying experience for everyone involved. 

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Smarter Finance Tools for Smoother Workflows

Student group finance is growing in complexity. Clubs and societies expect slick, professional services to manage money, while finance teams face pressure to reduce admin and keep processes secure. Through a combination of the MSL Student Group Finance and Grant Application modules your organisation can simplify the finance process for both staff and students. 

Empower Student Groups to Manage Their Own Finances 

  • Give student group executives visibility to manage their budgets 
  • Submit, approve, and track money requests, purchase orders, and sale invoices entirely online 
  • Provide account balances if synced with your finance system 

No more forms carried between offices – just fast, accurate finance management.  

Find out more about MSL's Student Group Finance module

Grants Without the Grind 

  • Replace paper forms with a smooth digital process 
  • Tailor workflows and notifications to your own funding rules 
  • Track funds allocated by group, type, date and status 

Students can get new activities up and running faster, without getting tangled in unnecessary admin.  

Find out more about MSL's Grant Application module

Reduce Workloads and Improve Visibility  

  • Digital workflows save staff time and eliminate paper handling 
  • Auditable records ensure transparency for every request or application 
  • Automatic updates keep committees informed at every stage 

Deliver a modern, professional service for student finance, and free your team for bigger priorities.  

Find out more about MSL's Reporting tools

 Funding to Finances: One Streamlined Process

Using both the Grant Application and Student Group Finance modules means less admin, more insight, and stronger student engagement.  

While Student Group Finances supports day-to-day expense management, Grant Applications takes care of funding requests and allocation. Together, they provide a full-circle solution, from requesting grant money, to receiving funds, and tracking how that money is spent. 

Only want to use one? No problem. Though together these modules provide the best solution for group finance management, they are available to use separately.  

Either way these modules reduce administrative burden and help students build real-world financial skills.  

 

Integrate with the Tools You Already Use  

MSL’s Student Group Finances and Grant Applications integrate seamlessly with your main finance systems, student records, and single sign-on. Keep everything connected and eliminate duplicate data entry to reduce manual work and give staff and students more time to focus on what matters.  

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