8th September 2014 Financial Driver today announced Management Technology Solutions (MT Solutions) as its principal partner in Australia and New Zealand. First established in 1999, MT Solutions has extensive management consulting expertise in delivering innovative information technology solutions that improve business performance. Principal Consultant, Wayne Wright, who has over 30 years’ experience in accounting, information technology and business management at State and Local Government levels, said that the partnership brings for the first time an affordable, modern, cloud based planning and reporting application to Australia and New Zealand. MT Solutions will be using their considerable knowledge to promote Financial Driver as an effective way to combine ‘best management practices’ with technology to improve the effectiveness of planning, budgeting and reporting processes in government and private sectors.
Cloud based applications are fast setting the standard for ‘ease of use’ and ‘cost of ownership’ in performance management. Being cloud-based means that organisations do not have to buy, install and maintain software or hardware. All users require is an Internet connection and a device capable of running a web browser. With this setup, users can access applications at anytime and from anywhere, but in a secure way that is controlled by a central administrator. Gill Goddard, Product Development Director for Financial Driver explained that “In the past, budgeting and reporting systems were expensive to buy and complex to run. But applications like Financial Driver have made these tasks easier to implement and support, all at a substantially lower cost than ‘on-premise’ solutions.” Gill continued “Most companies still use spreadsheets for collecting and reporting budgets, despite the workload and integrity issues they pose. We developed Financial Driver specifically for these types of business and enable them to implement solutions in just days, compared with alternative products. Our customers just love the ‘ease of use’ of our product,“ said Gill.
Wayne Wright, a former local government representative on CPA Australia’s Public Sector Accountants, Centre of Excellence and a former member of the South Australian Local Government Accounting and Asset Accounting Committees commented “Our knowledge of the public sector means that we understand that each organisation has specific issues that need to be addressed to continuously improve business performance. Our partnership with Financial Driver allows us to back this up with a low-cost planning solution that’s quick to implement and easy to learn.” Wayne concluded by saying “Financial Driver has a great track record of substantially reducing budget cycle times and improving management efficiency, which we plan to replicate in our own local market.”
Financial Driver is a modern, multi-currency, planning and reporting application that is easy to learn and quick to set up. It automates the collection of budgets and forecasts from different departments across the organisation, which are then consolidated to provide a range of management reports. The same system can also be used to track actual performance and provide comparatives to management at all levels.
MT Solutions is an establishment company that provides consulting services to a broad range of organisations in Australia including: City of Fremantle (WA), City of Melville (WA), City of Banyule (VIC), Royal Children’s Hospital (VIC), City of Warringa (NSW), City of Onkaparinga (SA) and Redland Shire Council (QLD) They can be contacted through their website www.mtsolutions.com.au, by post at PO Box 303 Bunbury WA 6231, or by telephone: +61 418 128 989