PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Chameleon PR

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

eBIS Supports Efficiency Drive at London Development Agency - The LDA is currently restructuring itself in anticipation of new challenges and opportunities stemming from the decision to site the 2012 Olympic Games in London
eBIS Supports Efficiency Drive at London Development Agency

 

NewswireToday - /newswire/ - London, United Kingdom, 2006/11/24 - The LDA is currently restructuring itself in anticipation of new challenges and opportunities stemming from the decision to site the 2012 Olympic Games in London.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering E-commerce Solutions Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

The London Development Agency (LDA) is the Mayor of London’s agency for sustainable economic development. It prepares the Mayor’s business plan for London and works with partners to build a thriving economy for the city’s people, businesses and communities. The LDA is currently restructuring itself in anticipation of new challenges and opportunities stemming from the decision to site the 2012 Olympic Games in London. Restructuring will also support more flexible working practices.

In the past, the LDA used its financial management system purely for accounting purposes. However, the imminent expiry of the lease on this system prompted a search for a more sophisticated alternative that would support integration with other business areas. Support for electronic processes was also a priority, in line with UK e-government initiatives. At the end of a formal tendering process that saw four leading suppliers demonstrate their products, the LDA chose CedarOpenAccounts.

“The CedarOpenAccounts financial solution had all the functionality we needed in a reasonably priced package,” explained Charles Antwi, project development accountant. “Most importantly, CedarOpenAccounts was prepared to commit to a firm time scale for implementation and training, in line with our requirements.”

Working together, the LDA and CedarOpenAccounts teams completed the implementation within the space of just three months. The new system was instantly welcomed because of its user-friendliness, which made it accessible to people other than trained accountants. Accounts payable staff, for example, could process and pay invoices directly using the system, thus speeding up financial processes. At the same time, the system’s integration capabilities improved the flow of management information. Other systems integrated with CedarOpenAccounts include the LDA’s Artemis Portfolio Director project database and its ProClarity corporate management reporting system.

Antwi is impressed by CedarOpenAccounts’ strategy of continually improving its products in line with user needs. “CedarOpenAccounts works closely with its customers to identify areas where enhancements are required. It’s very encouraging to be able to contribute to the product development process,” he said.

Efficiency improvements
With the recent introduction of the eBIS Exchange Workflow web application, the LDA is now taking full advantage of CedarOpenAccounts’ support for efficient electronic processes. Initially, eBIS is being used to automate order processing, replacing a cumbersome manual system. The eBIS implementation, which coincides with the LDA’s restructuring and relocation, will ultimately see more than 200 users entering orders directly into the CedarOpenAccounts system.

“Where eBIS has already been rolled out, we are seeing big improvements in the throughput of payments. Orders are also being approved much more quickly, and users are very enthusiastic because they can use the system to monitor the progress of an order,” explained Sue Keary, IT project manager, who is responsible for the eBIS implementation.

Purchase orders are now typically raised in minutes or hours rather than days or weeks, and users can identify the codes they want using a look up search on the system rather than constantly having to look for the right codes. Integration with Microsoft Outlook is a widely appreciated feature: where an action such as authorisation is required, an email is automatically sent to the appropriate person’s mailbox. The LDA is now investigating the possibility of creating a link with its electronic document management system. This would permit relevant documents to be attached to a requisition.

According to Antwi, the improvements are supporting the LDA’s drive to achieve improved efficiency and meet key targets such as paying all invoices within 30 days. In the past, it was very difficult to keep track of orders, but the LDA is now able to monitor commitment closely. Use of eBIS will soon be extended to other areas such as expense claims. As a web-enabled system, eBIS also supports the agency’s multi site working.

“CedarOpenAccounts has immense potential to improve the efficiency of our organisation. So far we have only scratched the surface of this potential, but we plan to do a great deal more,” concluded Antwi.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering E-commerce Solutions Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Chameleon PR

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
E-commerce Solutions articles,
CATCH Visitors via Your Competitors Announcements!


eBIS Supports Efficiency Drive at London Development Agency

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Martine Levene - Chameleonpr.com 
+44 (0)161 435 6462 martine[.]chameleonpr.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Chameleon PR securities in any jurisdiction including any other companies listed or named in this release.

E-commerce Solutions via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Chameleon PR / Company Profile


Read E-commerce Solutions Most Recent Related Newswires:

Southeast Asia’s E-Commerce Market to Surpass US$25 Billion by 2020 Despite Market Challenges Finds Frost & Sullivan
Dentsu Announces Acquisition by Dentsu Aegis Network of a Majority Stake in Certified E-Commerce Platform Design & Mobile E-Commerce Marketing Agency
Preksh Innovations Private Ltd Introduces Augmented Reality or Visual Commerce Solution for Retail Store
Ansell Launches E-commerce Platform
Vinculum to Showcase Multi-Channel Retail Solutions At eCommerce Africa Confex, 2016
Strategic Sourcing Software Demand Fuels Growth for ProcurePort
Feedonomics Launches Nationwide Partner Program
Customer Demand for Mobile and Omni-channel Service Drives Small Midsized Retailers Toward eCommerce Platforms Finds Frost & Sullivan
Forward View Selected as Bigcommerce Reseller
Aimeos Web Shop Bundle 1.1 for Symfony2 Released
eMerchant Announces Launch of eCommerceCart.com - A Valuable Resource Website for Online Businesses
eComCharge Reliable Online Card Payment Acceptance is Now Available for Businesses in Belarus
Frost & Sullivan Acknowledges Ericsson’s Success in Creating a Single Global Standard for mCommerce
Moco Insight Selected as Magento Technology Partner
Host Card Emulation Emerges as a Viable Security Solution in the Online Payment Industry Says Frost & Sullivan

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  JobsWare.com

Visit  La Bella Bakery Artisan Bakery Arizona





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)