“TechnologyOne was selected after an exhaustive tender process based on its functionality combined with an intuitive user interface and a modular approach which will allow us to add or modify features as our requirements change,” explains Paula Taylor, Principal Accountant for Carnegie College. “66% of our costs are related to staff and by investing in technology, we hope to reduce some of these costs without impacting on our core teaching activities,” she adds.
The increased visibility and devolved fiscal responsibility is an important strategic step for the College and the automated nature of the approvals process has led to significant administration cost savings. The system also removes the huge amount of paper flow between different departments within the College and provides a clear audit trail.
The modular nature of the TechnologyOne software allows the College to add new functionality when required, and Paula and the Finance team are currently evaluating additional software such as TechnologyOne’s Asset Management solution.
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