Vault

Vault

Double-entry accounting, budgeting, AP/AR, and compliance-ready reporting for institutions. Every disbursement has a maker-checker trail. Year-end accounts in days, not months.

Starting from £4 / seat / month

Billed annually · Growth tier from £3.40

Get Started → See Full Pricing

Finance closes the books three months after year end. Purchase approvals live in email threads. Nobody knows the actual budget position until the audit.

Double-entry at the core

Every transaction posts two balanced journal entries. Chart of accounts configured to your institution's structure — cost centres, departments, projects, and funding streams.

Multi-currency

NGN, GBP, USD, and EUR managed in a single ledger. Realised and unrealised FX gains/losses computed automatically on revaluation date.

Period control

Open and close accounting periods with full audit of who changed what. Reopen locked periods with dual-authorisation — no silent backdating.

Purchase-to-pay

Purchase requisition → LPO → goods receipt → invoice → payment. Every step linked. Vendor invoices matched three-way before payment is released.

Invoice-to-cash

Issue invoices, track outstanding receivables, post receipts, and reconcile bank. Ageing reports always current — no manual chasing of overdue accounts.

Maker-checker

No payment leaves the system without a second authorised signature. Relay handles the routing — Vault holds the record. Configurable per payment type and amount threshold.

Budget preparation

Annual budget built line by line within Vault. Departmental heads input their bids; Finance consolidates. Version history kept — no overwriting previous drafts.

Budget vs actual

Real-time comparison of approved budget against committed and actual spend. Red-flag alerts when departments approach or exceed threshold. No surprises at month end.

Virement control

Budget reallocations between lines require approval workflow. Automatically documented against the originating budget line and receiving line. Auditable trail for NUC or NHIS review.

ICAN-aligned statements

Income statement, balance sheet, and cash flow statement generated directly from the ledger. Formatted for ICAN standards. Export to Excel or PDF for auditors.

Management accounts

Monthly management pack: P&L by department, budget variance analysis, cash position, aged debtors/creditors. Scheduled to email the CFO on the 3rd of every month.

Audit trail export

Full transaction-level audit log with user, timestamp, IP, and authorisation chain. Export as CSV or structured PDF for external auditors — zero manual assembly.

Integrates with
Tribe Payroll Relay Approvals Pulse Invoicing NIBSS via Paystack Flutterwave Remita FIRS e-Filing

Close the books
in days, not months.

Talk to us about your current finance setup. We'll show you how Vault fits your chart of accounts, approval chain, and reporting requirements.