Educatum is an online financial management tool for schools and colleges. It is the first on-demand school finance system in the UK. The concept of Educatum was born out of the need to address the problems of disorganisation, lack of transparency and expensive, inefficient processes in school finances. Its goal is to enable schools to manage their resources better to focus on their core mission. In addition, it is the UK’s leading independent loan management software in UK. However, the Educatum takes the hassle out of managing your loan book. It is built in such a way that it contains the entire lifecycle of customers’ loans. The system includes everything needed to take customer queries, process payments, and generate all necessary reports for auditors.