Cardiff and Vale College has rolled out Advanced Business Solutions’ (ABS) financial management solution. The college has been formed by the merger of Barry College and Coleg Glan Hafren to create one of the largest further education (FE) organisations in Wales.
This integrated system, which will include electronic procurement and workflow functionality, will improve financial reporting and support the new college’s sustainable agenda by eliminating time-consuming paper-based processes. The core modules will go live on 1 August 2011 with a phased implementation to follow.
Nicola Lewis, finance director at Coleg Glan Hafren, said: “As Coleg Glan Hafren and Barry College currently use two different finance systems we decided to undertake a strategic review of both colleges’ existing software. After evaluating the market, we decided that ABS’ system was sufficiently flexible and scalable to cope with the greater volume of transactions from the new college and drive efficiency savings while supporting growth and change in the future.”
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.