DXC Technology signs contract with the HSE to deliver a new Integrated Financial Management System (IFMS)
News Release -- January 16, 2020
Dublin, 16 January 2020 – DXC Technology (NYSE:DXC) has signed a contract to deliver an Integrated Financial Management System (IFMS) to the Health Service Executive (HSE) in Ireland, which either directly or through its funded partner agencies is the national provider of all of Ireland’s public health and social care services in hospitals and communities across the country.
The HSE’s Finance Reform Programme is establishing a new finance operating model, to include a single, nationally integrated financial management and procurement system underpinned by SAP S/4HANA. This single platform will replace multiple legacy finance systems which currently operate independently.
The IFMS Programme will deliver:
- A modern finance system using the latest technology to enable streamlined, national standard accounting and procurement processes;
- More accurate and timely reporting to inform better decision making in the delivery of value for money services;
- A single national view of financial information with enhanced budgeting on a service needs-based basis and
- A world-class, customer-focused shared service centre.
Speaking about the project, Paul Reid, CEO of HSE, said: “We are delighted to achieve this important milestone in the development of IFMS as a key enabler of our Finance Reform Programme. IFMS will support developments in procurement, provide better financial reporting and forecasting and will enable improved financial management and compliance and a better overall financial control environment for our health service.”
About DXC Technology
DXC Technology (NYSE: DXC) helps global companies run their mission critical systems and operations while modernizing IT, optimizing data architectures, and ensuring security and scalability across public, private and hybrid clouds. With decades of driving innovation, the world’s largest companies trust DXC to deploy our enterprise technology stack to deliver new levels of performance, competitiveness and customer experiences. Learn more about the DXC story and our focus on people, customers and operational execution at www.dxc.technology.
Rowan McGrath, managing director, DXC Ireland, commented: “DXC is delighted to have been selected to work with the HSE in implementing the first phase of this important technology-based element of the reform programme. Standardisation of finance and procurement processes on a single enterprise platform is essential for the delivery of modern health services in Ireland. We look forward to the successful implementation of IFMS in the HSE and its large funded partner agencies.”