Thursday 28th May, 2015

Advanced Business Solutions (Advanced) has launched Advanced SaaS Financials, a cloud-based financial management system. It has been developed specifically for councils to alleviate the burden of maintaining in-house systems.

The solution will enable councils to gain rapid access to finance technology for a predictable, low-cost annual fee. It is underpinned by robust security level agreements (SLAs), which are fully compliant with Government EU data requirements.

Public sector organisations are being urged to embrace cloud-based solutions and break away from the financial burden of maintaining legacy software and hardware. But according to research, nearly a third of councils have yet to use a cloud service despite facing the prospect of a funding shortfall of £12.4 billion by 2020.

Advanced SaaS Financials automates the management of core every day financial processes and includes workflow-driven electronic invoice and payment handling functionality along with advanced purchasing controls. The system works seamlessly on desktop, tablet and mobile devices to provide remote access to real-time information and customised on-demand reporting.

In addition, to alleviating finance teams from manually intensive processes, councils can access leading cloud technology for a predictable annual subscription without having to commit to upfront capital costs. As the solution is flexible and scalable, organisations need only pay for the number of users and can add or remove these quickly and easily, significantly reducing IT support and maintenance costs.

It can be accessed by leading Government frameworks, including G-Cloud 6 and the Crown Commercial Service’s (CCS) RM1042 agreement.