13th July 2009
iSOFT Business Solutions wins three key contracts for its Integra financial solution
Capita IB Solutions, a market leader in providing world-class financial accounting software, procurement and bespoke solutions to service-centric organisations, today announced three key contracts for its Integra suite of Web-enabled financial and purchasing solutions, including two in new sectors that offer growth potential for Capita IB Solutions unit. The agreements, totalling about £770,000, are with Australia's St Vincent's and Holy Spirit; Scope, a U.K charity for people with disabilities; and U.K housing association Spectrum Housing Group. About £190,000 of the total is for software licenses, £335,000 is for implementation services, and £255,000 is for support and maintenance over five years. "These deals demonstrate that our financial solutions business is gaining traction with a wider, global customer base against other competing financial solutions," said Eamonn Morris, Managing Director of Capita IB Solutions. "We identified public sector markets as being particularly suitable for our Integra suite of solutions, and it's pleasing to see these efforts are already paying off." In its third contract for Integra in Australia, Capita IB Solutions will install a complete financial and e-purchasing solution for St Vincent's and Holy Spirit, including modules for Web-requisitioning and business intelligence. Capita IB Solutions has identified a demand for modern, Web-based solutions that drive-out inefficiencies in finance and purchasing processes to reduce costs. In the U.K, Scope is buying an Integra e-procurement solution to raise orders online at its London head office and 370 shops across England and Wales. It will also use the OCR (optical character recognition) module to scan invoices, eliminate errors and speed the approval process. The charity expects savings of £500,000 over five years, as well as financial benefits arising from improved relationships with suppliers. The agreement with Spectrum, one the U.K's largest housing associations with 16,000 properties in the south of England, includes the full Integra financial suite plus the Business Intelligence and OCR modules for its seven offices. The Web-based solutions will allow users to raise purchase orders and access financial data to control invoices, payments and costs.
About Capita IB Solutions
Capita IB Solutions, is a market leader in providing world-class integrated business software solutions to service centric organisations. With a product and services portfolio of outstanding depth, its offerings extend from e-Procurement and bespoke software to enterprise- wide management accounting software, which provide efficiencies across the entire organisation.
Capita IB Solutions has a presence in all key markets across the UK, Ireland, Hong Kong and Australia, with infrastructure services extending coverage to approximately 35 countries worldwide. Capita IB Solutions ensures it meets the needs of its customers, which include large organisations, small and medium enterprises, not-for-profit and public sector organisations.
Capita IB Solutions helps its customers achieve results and business objectives by identifying mission- critical issues and implementing innovative and customised solutions that are designed to generate revenue, reduce costs and provide fast access to management information.
With over 30 years' experience, Capita IB Solutions' unparalleled ability to successfully deliver improved processes is achieved by understanding its customers' unique needs and providing the capability to deliver automated systems through the use of technology. These systems which include; web access, custom development, workflow, business intelligence and document management, help customers to increase margins and improve cash flow.
Capita IB Solutions employs more than 120 professional people, serving over 500 customers including Hartlepool Borough Council, ITN, London Ambulance Service, Medway NHS Foundation Trust, Northern Ireland Office, English Heritage, NEP Shared System Group and UNISON.