Who's Bought What - April 09
City of LA Upgrade Peoplesoft
The City of Los Angeles has upgraded its Oracle owned financial management software to PeopleSoft Enterprise Financial Management 9.0 in an effort to give policy makers better visibility and control over the city's finances. In this economic downturn, the upgrade will deliver a real-time view of the city's committed and available funds. The successful upgrade and "go live" of PeopleSoft Enterprise Financial Management 9.0 was announced in March.
Los Angeles is the largest city in North America running Oracle's Enterprise Resource Planning package for financial management. The City of Los Angeles Department of General Services uses PeopleSoft Enterprise Supply Chain Management (SCM) and Financial Management (FMS) for its Supply Management System (SMS), which handles procure-to-pay functions for all departments controlled by the city council. This system has more than 3,000 users and manages more than 10,000 suppliers. The City of Los Angeles has an annual budget in excess of $7 billion.
East Riding of Yorkshire Council Buy Version One to Meet 10 Day Payment Target
East Riding of Yorkshire Council, the largest unitary authority in England and Wales, is implementing electronic document storage and data capture software from Version One. This software will speed-up the processing of 400,000 purchase invoices each year and enable the Council to meet its ten day supplier payment target. The new systems are currently being rolled-out to 1,000 authorised council staff across multiple sites.
Phil Leeson, Financial Controller from East Riding of Yorkshire Council, says, “paper-based and time-consuming purchase to pay processes were impacting our ability to process supplier invoices efficiently, resulting in duplication of effort and unnecessary expenditure. As purchase invoices were being photocopied and posted across several sites, they often went missing resulting in unnecessary delays.”
Leeson continues, “having already gained several benefits from Version One’s software we were keen to further this relationship to implement a seamless, end-to-end paperless solution. Version One’s systems will fully streamline our purchase to pay processes, improving efficiencies and cutting costs whilst helping to improve our payment performance so that we are more able to meet the ten day supplier payment criteria.”
Leeson comments, “as well as improving payment processing efficiency, Version One’s systems will free-up space that is currently used to store hundreds of boxes full of paper documents. The time and costs associated with the filing and retrieval of paper documents will be eliminated as authorised staff will have access to documents at a touch of a button. This elimination of paper and the associated printing, photocopying and postage of documents will also help to reduce our carbon footprint in-line with Government targets.”
