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Commercial Credit News
|New not-for-profit organisation selects Exchequer finance software to control purchasing|
|Thursday, 09 July 2015|
Newport Live, a new not-for-profit organisation has implemented integrated finance and eProcurement software from Advanced Exchequer (Advanced). The hosted solutions will increase visibility and control over purchasing processes across seven local facilities.
Newport City Council transferred the management of cultural, sport and leisure facilities to a not-for-profit organisation in order to achieve anticipated efficiency savings of more than £500,000 in business rates and tax benefits. The formation of Newport Live is part of the Council’s strategy to more cost-effectively deliver leisure services to Newport residents.
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