3rd May 2022
EduPay is a market leading, all-in-one system that combines and manages payroll and HR, designed specifically for schools. It simplifies the management of payslips and payroll, expenses, timesheets and p60s in a streamlined cloud-based system, allowing easy access for both the schools and their staff. It removes the challenges of data duplication, opportunities for errors with individuals pay, and time wasted on data inputting. It allows school staff to manage, send, and access all their salary information direct from their mobile device. The tool also links to HMRC, so tax code changes are picked up in real time. Payroll journals can be produced automatically, along with monthly pension reports and bacs file information, saving schools significant time. The system can even provide maternity leave calculations giving staff direct and easy access to the information they need to plan their futures.
BPS is the market leading budget planning software for MATs (Multi Academy Trusts), with additional bespoke packages for local authorities and independent schools. Whether a MAT has 6 or 600 schools, the BPS single system approach brings simplicity, flexibility, and efficiency to both the MAT and the individual schools. Edupay can be integrated into a school’s BPS budget planner too, resulting in a highly efficient and effective approach to budget management.
The addition of these two highly regarded solutions to the Tes product suite is very timely. Tes recently launched Tes Staff Management, which offers schools a cost-effective subscription to recruit staff, manage wellbeing, develop skills, and comply with safeguarding needs. Edupay and BPS will further enhance how Tes can support schools with their overall effective management.
Rod Williams, Chief Executive Officer of Tes, said: “Schools have a major challenge around having to manage a multitude of disconnected systems, especially when it comes to HR and payroll. Being able to bring the EduPay solutions and BPS into the Tes family means we can further help schools and teachers reduce that administrative burden, empowering them with the tools which offer simplicity, accuracy, and greater cost efficiency.
“The Orovia team have built something very special, both in terms of the products, and the award-winning support. The team are going to be an incredible addition to Tes and the work we do to support schools.”
Jim Hartley, Director of Orovia, added: “We are all incredibly proud of what we have built with both EduPay and BPS. We know we have market-leading solutions that have been built with a single-minded focus on helping schools. The comments we get from schools about how much time we have saved them, and the benefits we bring, have continuously powered us forward. So, to start this new chapter as part of Tes, a progressive edtech company, with over a century of experience with schools, is a rare and exciting opportunity. The whole team are looking forward to being able to introduce EduPay and BPS to the many thousands of schools already working with Tes.”
Orovia joins Tes only a few weeks after Tes announced the acquisition of the Standards Tracker product; also developed to support schools and staff, but in the area of staff self-evaluation, appraisals, employee engagement, continuous performance management and career development. These two acquisitions will help Tes continue its aim of supporting schools with effective management solutions.
Tes was advised by Richard May, Liam Freeman and Conor Boyle at DLA Piper (for legal), by Sue Richardson and Hannah Maughan on financial and Brad Keast and James Lavelle on tax at KPMG (financial and tax due diligence), by Roy Cornick, Rahul Prasad, Arda Kaya at EY-Parthenon (for product and technical due diligence), and Rupert Barclay, Sam Lecacheur, and Kieran Smith at Cairneagle (for commercial due diligence).
Orovia was advised by Keely Woodley at Grant Thornton (advisers to vendors), by Sanjeev Sharma at Shoosmiths (legal), and by Chris Etherington at RSM (financial and tax).