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TechnologyOne future-proofs shared services

TechnologyOne future-proofs shared services for three NZ government agencies

WELLINGTON, New Zealand – 17 July, 2018 -- Leading enterprise Software as a Service (SaaS) company, TechnologyOne (ASX:TNE), announced today that it had successfully delivered its Human Resources and Payroll (HRP) software as a service solution that automates pay for New Zealand government employees and contractors across three agencies.

The five-year SaaS deal with New Zealand’s Central Agency for Shared Services (CASS) will service the Treasury (which operates CASS), State Services Commission and Department of Prime Minister and Cabinet, in what is the first contract for a cloud-first, mobile-first payroll solution designed to reduce risk, improve capability and achieve a cost-effective “as-a-service” model.

TechnologyOne Chief Executive Officer, Mr Edward Chung said the company is going from strength to strength delivering SaaS solutions for government agencies globally.

“The Treasury, with its fellow CASS agencies, brings our growing stable of Software as a Service customers to eighteen, and in New Zealand joins WorkSafe New Zealand, and Statistics New Zealand,” Mr Chung said.

“TechnologyOne’s SaaS ticked all the boxes for CASS. Our cloud-based software that is agile, progressive, fit-for-purpose and configurable off-the-shelf, was delivered on time and on budget,” he said.

“The remarkably fast uptake of our SaaS from government agencies in Australia and New Zealand reflects that our SaaS offering mirrors those governments’ focus on security and sophisticated enterprise SaaS requirements; and that we have the track record to deliver it.

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“Our true multi-tenanted SaaS platform delivers unprecedented economies of scale – providing high performing software reliably and securely, with a highly available infrastructure that has redundancy built-in at every level.

“The trust we have built with the New Zealand Treasury over 6 years providing finance solutions shows how we can leverage a 99% customer retention rate into a strong SaaS growth engine that keeps our customers ahead of the technology curve,” Mr Chung said.

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