Grow the financial strength of the people you help

Our calculator helps finance sector organisations give the best guidance, without needing to be experts in the benefit system

One in three households have lost income as a result of the pandemic, and nearly half of families with children have lost household income. The pandemic has impacted millions of people, including those who have no experience of the benefits system.

Many people are unaware of the full range of help and support available, or what they are potentially eligible for. As a result, people are missing out on around £10 billion of benefits they are entitled to claim each year.

There are times when we all need a little extra support. We are here to help your customers quickly and easily access the support available.

Benefit and Budgeting Calculator

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Our award-winning Benefit and Budgeting Calculator is the best tool to help you grow the financial strength of your customers.

The calculator helps you build the financial strength of your customers without needing to be a welfare expert. The tool helps you securely and confidentially assess your customer’s unique situation to pinpoint benefits they may be eligible for, to give them the widest possible range of support. It uses your customer’s information to calculate their future income to help them plan from month to month, so they can take control of their money and become financially stronger.

Giving the best welfare guidance to help people make decisions can be a huge challenge. It’s hard to stay on top of the latest updates, have difficult conversations and treat all customers equally well.

Standard Financial Statement and affordability

Our calculator uses the Standard Financial Statement and provides organisations and people with a digital way to complete their budget in a format recognised across a multitude of sectors.

Lesser known and under claimed supports

Our calculator covers more than Universal Credit and other well-known benefits. It also calculates eligibility for extra financial support schemes available from local authorities, utility providers and others, such as council tax support, food vouchers, free prescriptions and warm home discounts, to name a few. You can offer your customers self-serve access to the calculator whenever they want it, via your website.

Built-in support for difficult conversations

Our calculator has handy built-in average cost of living data. These numbers, from Office for National Statistics’ data about similar households, can help ease tension during difficult conversations about expenditure. This allows you to objectively help customers budget well and identify ways they can reduce their expenditure.

Financial Conduct Authority: data portability

Our calculator allows you to assess your client’s income and expenditure easily. It also gives your client the ability to share their income and expenditure with other organisations so they only need to complete it once.

Compare finances if circumstances may change

Our calculator lets you model changes in your customer’s circumstances so they can see how their financial situation is going to change. This could be as a result of redundancy, reduced job hours, or changes to their family such as having a baby.

Recognise vulnerability, and act

You may not be able to prevent vulnerability, but you can prevent further harm as a result of it. Our calculator enables you to go further than assessing affordability alone by giving you the ability to check if your customers are claiming all the benefits and support they’re eligible for. This income maximization, together with cost savings, means you can improve the financial strength of your customers.

Finance sector organisations use the Benefit and Budgeting Calculator to:

  • Accurately maximise income
  • Compare different scenarios
  • Create a positive action plan
  • Explain complex changes simply
  • Identify ways to improve budgeting
  • Give consistent and up-to-date guidance
  • Save, store and access cases efficiently

Inspirational stories from clients who use
our Benefit and Budgeting Calculator

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The Benefit and Budgeting Calculator helps CDER Group’s customers to take control of their finances

The Benefit and Budgeting Calculator is offered as a self-serve facility for customers to take control of their own financial situation without the potential discomfort of discussing their circumstances face to face or via phone. The tool offers a live chat helpdesk to customers staffed by Policy in Practice experts and CDER Group’s dedicated welfare team is also on hand to offer guidance or specialist referrals where necessary.

Register for an upcoming webinar

TitleDateStart TimeDurationRegister
How data can help you target your Household Support Fund and other discretionary funding Covid-19 has hit low-income households in the UK hard. Universal Credit claimants more than doubled during the past two years, reaching an all-time high of 5.8 million people. As many as 8.9 million jobs were put on furlough and the poorest fifth of households in the UK saw an average fall in earnings of 15%.

To help councils navigate the aftermath of the pandemic the government has introduced a £500 million Household Support Fund, helping vulnerable households to cover their fuel, food and utility bills.

It will be vital for local authorities to use data to identify residents who are struggling or in crisis for targeted support from the Household Support Fund and other discretionary funding.

Sutton Council, like many councils, are using their administrative data creatively to ensure their residents are getting the right support at the right time. They have used insights from their own administrative data to identify and target support to over 500 households, supporting residents with a range of discretionary funding, including DHP and crisis payments, to boost income and sustain tenancies.

Join this webinar to hear:

- How councils can use their data to target their discretionary funding to support vulnerable households before crisis hits
- Sutton Council’s innovative approach to tackling their resident’s Covid-19 income shocks
- How Sutton Council use automated data refreshes to respond to struggling residents more effectively

We will be joined by guest speaker, Julian Clift, Welfare Benefits Advice and Support Manager, Sutton Council.
17/11/202110:30 GMT1.5 hours
Register
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