Partner Article
Bath Spa University employees and 8000-plus students to benefit from new time and cost saving financial and business insight technology
Bath Spa University has selected TechnologyOne’s OneEducation enterprise Software as Service (SaaS) platform to digitally transform its financial and business management systems and streamline processes.
The University, which accommodates more than 8,000 students in the Southwest of England, will use TechnologyOne’s SaaS platform to streamline and improve a number of business activities across financials, supply chain, business reporting and business analytics.
The new contract, which extends to six years, builds on TechnologyOne’s expertise in the higher education sector. The company has more than 30 years of experience working with leading education providers across the United Kingdom, Australia and New Zealand.
As part of Bath Spa University’s Future Finance Project, TechnologyOne will help the institution replace out of date legacy technology, with a new modern, intuitive online SaaS system, which will provide better management insight by digitally connecting different business processes and parts of the organisation.
“By transitioning to TechnologyOne’s OneEducation solution, we’re looking to benefit from a modern, intuitive and user friendly financial and management systems, that will give us better business insight which will help us adapt to changing demands in education,” said Tracy Banks, Head of Financial Operations at Bath Spa University.
“Through greater automation, it will also help shift our time and attention away from mundane administrative tasks, allowing us to focus much more on assisting our research, teaching and professional service teams to the benefit of our students,” she said.
TechnologyOne helps institutions adapt to the changing education landscape and reduce administrative burden. Its OneEducation integrated SaaS solution reduces implementation time, cost and risk; and introduces essential anytime, anywhere access to services for the mobile student market.
The solution is now used by more than 80 per cent of the vocational and higher education institutions in Australia, New Zealand and the UK and supports more than 1.6 million students every day.
TechnologyOne has been making a number of moves in the UK education sector. TechnologyOne’s recent acquisition of leading higher education software provider Scientia reinforces its position in the UK Higher Education market with 50% of the UK Universities supported by the company’s solutions. That follows the recent appointments of Professor John Latham CBE, Vice-Chancellor and CEO of the Coventry University Group, and Dr Katie Bell, Chief Marketing Officer of UCAS, the UK’s Universities and Colleges Admissions Service and, as senior executive advisors.
Ed Chung, CEO of TechnologyOne said it’s been a tough year for universities and other higher education institutions, with the pandemic forcing them to reinvent how they operate in order to continue to keep providing world-class teaching facilities to students.“
“Technology has been a great enabler in supporting learning through the lockdown, but it can play an even bigger role in digitally transforming other parts of university operations, from pastoral care and aiding the student journey, through to HR and finance.
“As well as improving business resilience, TechnologOne’s SaaS ERP can deliver considerable cost and time savings and provide far clearer management insight and we are excited about working with Bath Spa on this important transformation initiative,” he said.
This was posted in Bdaily's Members' News section by Lionel Jones .