Technology One Limited (ASX:TNE), a leading Australian provider of enterprise business software solutions, has secured a contract to provide its financial solution to Australia's fourth fastest growing municipality, Casey City Council, located in Melbourne's south-eastern suburbs with a diverse constituency of more than 230,000 residents.
Casey City Council sought tenders for a new financial management software solution after the existing, eight year old program required replacement. Casey City Council was seeking a flexible, easy-to-use solution which would streamline its financial processes by utilising advanced technology. Equally important to the local government organisation was the ability to increase accountability within the organisation through accurate and relevant budgeting and reporting, while securing a solution that would see the Council into the future.
According to Mr Steve Dalton, Director of Corporate Services, Casey City Council, 'We were rigorous with our selection process, accepting a number of tenders and presentations from major software vendors. We undertook extensive referee checking within the local government market and found the feedback from current users of TechnologyOne Financials solution to be very positive.'
'We chose the TechnologyOne solution because we were impressed with the flexibility of the general ledger function and the capacity to streamline our manual business processes. TechnologyOne Financials enables easier access for our managers with the ability to monitor budgets on a regular basis and produce reports easily,' said Mr Dalton.
'TechnologyOne Financials has been highly supported by our senior staff members who were involved in presentations and demos as part of the tender evaluation process. This program is very much welcomed by our employees who are eager to see the reduction of manual administrative processes.'
Mr Dalton also added that, 'We were also keen to partner with an organisation that has a longstanding history and reputation that would see us work closely together long into the future. TechnologyOne more than met this criterion with their proven history in the local government sector and their long term goals to move into new markets.'
Mr Adrian Di Marco, Executive Chairman, TechnologyOne said that Casey City Council's decision was further endorsement of TechnologyOne's best-in-class local government offering.
'As an Australian company which commits a substantial amount of revenue into R&D each year, we are able to deliver solutions that are highly responsive to the needs of our customers, and because we have a direct relationship, we can guarantee they get the best service and continuous upgrades to ensure their solution fits with the changing local regulatory requirements.'
The implementation is expected to go live late in 2007.
TechnologyOne provides solutions to over 110 local councils across Australia and New Zealand with almost 25 percent of councils' rates notices across Australia produced using TechnologyOne software.
TechnologyOne has been providing comprehensive and deeply integrated enterprise business software solutions for over 20 years. The company's unique value proposition, The Power of One, is that it develops, markets, sells, implements and supports its own world class, fully integrated software solutions including Financials, HR & Payroll, Supply Chain, Business Intelligence, Budgeting, Performance Planning, Property & Rating, Student Management and Works & Assets. The company's new generation Connected Intelligence (Ci) solution suite is based on leading edge, state of the art technology and backed up by a substantial research and development program to ensure it continues to provide its clients with a significant competitive advantage and long term security. For further information visit: www.technologyonecorp.com.