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Prime Television Chooses TechnologyOne for Future Proof Solutions

  • 01 November, 2007 11:26

<p>Brisbane, 31 October 2007 – Technology One Limited (ASX:TNE), a leading Australian provider of enterprise software solutions, has secured a contract to provide its TechnologyOne Financials, SupplyChain and Budgeting solutions to Prime Television, an Australian public listed company which operates in the media industry across Australia and New Zealand.</p>
<p>In recent years, Prime Television has diversified its operations outside of its traditional ‘free-to-air’ television broadcasting role, entering into the radio broadcasting market with a current total of ten stations and, more recently, making a number of strategic acquisitions in the digital new media space.</p>
<p>The recently signed contracts were awarded to TechnologyOne following a selective tender for the replacement of Prime Television’s incumbent software, which was deemed to be end-of-life and unable to meet the company’s escalating needs.</p>
<p>Andrew Cooper, Group Finance Manager, Prime Television said that the expansion of the company through acquisitions meant that they had an increasing requirement for decentralised management of purchasing functions, inter-entity accounting and consolidation.</p>
<p>“We needed a solution which had the flexibility to easily enable the addition of new entities into our chart and reporting structures. The ability of this solution to do this, coupled with the ability to customise the software to our unique needs in a cost-effective manner was a key factor in our decision to choose TechnologyOne over other vendors. The scalable nature of the software also meant that I could purchase a solution which meets our current situation, but have the option to implement additional components and expand the system to suit our needs as they change”.</p>
<p>“The ability to partner with one vendor to meet all of our requirements was another significant reason behind our choice. It was important to us to have a fully integrated system without having to assemble a number of different elements. TechnologyOne was able to provide a solution which fit with the overall picture of our company. From a personal perspective, knowing we would be working with the same team from TechnologyOne from implementation through to services and support, gave me a high level of confidence that they could deliver our system successfully.”</p>
<p>The first phase of implementation which includes TechnologyOne Financials will go live in November, followed by a second phase in early 2008 which will include Purchasing and Budgeting modules. When complete, the solution will have over 80 users and will improve access and information flow, including simplified and real-time reporting to meet operational and statutory requirements. In addition, the solution presents individual managers with a tailored, active, role-specific workplace unique to the work that they do which includes proactive task alerts, self-service report generation and a workflow engine to automate and streamline the job at hand.</p>
<p>Adrian Di Marco, Executive Chairman, TechnologyOne says this partnership illustrates the TechnologyOne difference which is defined by the Power of One value proposition.</p>
<p>“At TechnologyOne, we pride ourselves on taking total responsibility for the success of our customer’s investment in our technology. We partner directly with our customers to ensure their ongoing success and work relentlessly to build innovative software that has a profound and positive impact on the user experience and overall business processes.</p>
<p>“Our proven track record in the media industry in NSW, which includes customers such as Global Television, Premier Media Group (Fox Sports), Film Australia, Seven Network and Nine Network Australia is a testament to our ability to meet the changing needs of our customers in this fact-paced industry. As an Australian company which commits a substantial amount of revenue into R&amp;D each year, we are able to deliver solutions that are highly responsive to the needs of our customers, and because we have a direct relationship, we can guarantee they get the best service and continuous upgrades to ensure their solutions fit their requirements”.</p>
<p>About TechnologyOne</p>
<p>TechnologyOne has been providing comprehensive and deeply integrated enterprise business software solutions for 20 years. The company’s unique value proposition, The Power of One, is that it develops, markets, sells, implements and supports its own world class, fully integrated software solutions including Financials, HR &amp; Payroll, Supply Chain, Business Intelligence, Budgeting, Performance Planning, Property &amp; Rating, Student Management and Works &amp; Assets. The company’s new generation Connected Intelligence (Ci) solution suite is based on leading edge, state of the art technology and backed up by a substantial research and development program to ensure it continues to provide its clients with a significant competitive advantage and long term security. For further information please visit www.technologyonecorp.com</p>
<p>Media Contact Details
Issued on behalf of TechnologyOne by Espresso Communications.</p>
<p>For more information, please contact:</p>
<p>Sally Robinson, Espresso Communications</p>
<p>Phone (02) 9357 5544 or sally@espressocomms.com.au</p>
<p>Genevieve Smith, Corporate Communications Manager, TechnologyOne</p>
<p>Phone (07) 3377 7562 Mobile 0414 848 846</p>

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