Wednesday, 14 November 2018 10:47

TechnologyOne selected by UK Science Museum Group Featured

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Science Museum Group UK Science Museum Group UK

Australian-listed ICT services company TechnologyOne has been selected by the UK’s group of science museums, the Science Museum Group, to modernise and transform its existing financial business system.

The SMG — recognised as a world-leader in the science museum sector —  has gone live with the TechnologyOne (ASX:TNE) solution which provides an intuitive system that allows both finance and non-finance users to easily interrogate real-time data, quickly produce reports and efficiently make strategic decisions.

The SMG has an average of five million visitors each year and, with around 1000 employees and over 500 volunteers, required a robust and intuitive solution that would enable the finance team and other users, to access real-time information quickly and efficiently anywhere – on any device.

TechnologyOne chief operating officer Stuart MacDonald said: “The Science Museum Group stands among several new world-leading customers that have chosen TechnologyOne’s Software as a Service offering to transform their business.

“The Science Museum Group’s new Software-as-a-Service solution from TechnologyOne has now gone live; empowering the group to streamline their financial operations to support their growth.”

Jane Ellis, director of Corporate Services at SMG, said that: “As an organisation in the cultural sector we recognise the importance of actively responding to the challenges that lie ahead.

“With an increased requirement to generate income and make more efficient use of resources, we felt that our existing finance system no longer met our needs. We knew that multiple workarounds were being used in order to deliver financial outputs and all too often these were manual and time-consuming processes.  Furthermore, we wanted a user-friendly system, accessible from any device, with real-time reporting for our end users.

“TechnologyOne demonstrated their ability to meet all of our requirements and provide a solution on time and to budget which delivers against our long-term goals of innovation and transformation. The new solution goes some way to enabling the Group to realise its digital first vision, as well as being adaptable and complying with current legislation,” Ellis said.

Anwen Robinson, UK operating officer at TechnologyOne, commented: “The public sector is an increasingly challenging environment to operate in so implementing the right SaaS technologies that are both flexible and enable the organisation to future-proof is vital”.

“As the most significant group of science and innovation museums worldwide, it stands to reason that the Science Museum Group is embracing financial transformation to ensure it inspires interactive science for decades to come.”

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Peter Dinham

Peter Dinham is a co-founder of iTWire and a 35-year veteran journalist and corporate communications consultant. He has worked as a journalist in all forms of media – newspapers/magazines, radio, television, press agency and now, online – including with the Canberra Times, The Examiner (Tasmania), the ABC and AAP-Reuters. As a freelance journalist he also had articles published in Australian and overseas magazines. He worked in the corporate communications/public relations sector, in-house with an airline, and as a senior executive in Australia of the world’s largest communications consultancy, Burson-Marsteller. He also ran his own communications consultancy and was a co-founder in Australia of the global photographic agency, the Image Bank (now Getty Images).

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