Advanced partners with Mouchel to offer transactional finance services to local government organisations
Published 5/12/2015 by Advanced, Editor
Local authorities could cut administrative costs by up to 35% through business processing
Advanced, a market leading business applications and service provider, has signed a strategic partnership with Mouchel Business Services (Mouchel), one of the UK’s foremost business process services companies to the public sector.
The partnership will enable local authorities to benefit from using Advanced’s financial management system, e5, combined with Mouchel’s support services. In turn these organisations could reduce administration costs by up to 35% per annum and will be able to drive wider compliance and deliver more positive outcomes for their citizens.
Councils will be able to transfer the risk of the management of their transactional finance processes within their accounts payable and accounts receivable functions. The end-to-end suite of services include the administration and payment of supplier invoices, general ledger management and monthly financial reporting through to credit control processes.
In addition, Advanced and Mouchel will work closely with local authorities to identify and deliver procurement efficiencies across their entire annual budgets to help drive best value from suppliers through cost reductions and early payment discounts.
Dean Dickinson, Managing Director at Advanced (Public Sector, Enterprise & Education Division) says,
“Transferring finance transaction processing to a trusted supplier can provide peace of mind to local authorities, which remain under extreme pressure to deliver major ongoing efficiencies. By launching this partnership with Mouchel, organisations can now benefit from a single, best practice procurement offering and significantly reduced administrative costs.”
Craig Apsey, Managing Director of Mouchel Business Services, says, “Advanced has a long and proven track record of helping local government organisations to improve efficiencies and protect vital frontline services. The combination of its leading software and Mouchel’s specialist support services administration will offer enhanced outcomes to our clients and deliver them significant cost savings.”
Advanced and Mouchel are well known for helping local government organisations to increase the efficiency of their finance function. One in four local authorities use Advanced’s finance software while Mouchel provides integrated back-office and customer-facing support services to councils.