Queensland-based developer Technology One just keeps going from strength to strength. The company's latest coup is selling its financial package, Finance One, into the Victorian Arts Centre, beating out Computrod and QSP for the substantial contract.
The demanding selection process involved the accumulation of points over a range of criteria, including functionality, ease of use, openness of integration of the software with other systems, and architectural fit. The Arts Centre was also concerned about the research and development intentions of Technology One but were sold on the product because of the four and six-month updates, and the offer of major releases every eighteen months.
According to the Victorian Arts Centre's financial controller, Jennie Connolly: "It is vital for organisations like ours to gain the benefits of ongoing development and to be kept up to date with current trends."
Connolly claims that functionality was one of the major selling points of the Finance One system.
"Finance One provides a cohesive integration of total asset budgets, financial recording and reporting and asset management," she said.
Importantly for the Arts Centre, this information is available to management at all levels and up to 80 people are expected to access the system.
Technology One's managing director, Adrian Di Marco, is pushing Finance One as a system that can compete with the offerings of big companies like Oracle and SAP with a lower total cost of ownership.
Ron McLean, director and general manager of Finance One, claims Technology One's single focus on financial information systems is also giving it a competitive advantage over other more diverse companies.
Finance One is expected to be fully implemented by January 1999 and will provide the Arts Centre with sophisticated reporting capabilities required to analyse financial data.