PRESS RELEASE
University Hospitals Leicester NHS Trust Select COA and Netstore
March 20th, 2007 - University Hospitals of Leicester NHS Trust has selected Netstore, to provide a fully managedservice for their new Finance & Procurement systems - the COA Solutions (Now Advanced Business Solutions) Health Business Suite. The implementation of the new system is part of University Hospitals Leicester Trust’s Transformation of Finance & Procurement services project that is planned to deliver significant benefits and reinvestment into patient services.
The project will include all core COA Solutions, Version One and Business Objects Software, Support and Maintenance, COA Solutions implementation services and Netstore managed services for the five-year period. Also the project will use the OB10 invoicing service through the Netstore managed service to lever further benefits from COA Solutions eProcurement by allowing for full automation of the purchase to pay process.
The Trust will also be implementing the COA Solutions Collaborative Planning tool to deliver the radical changes to budgeting, forecasting and reporting proposed by the Audit Commission and the Monitor, the independent regulator for Foundation Trusts
Neil Callow, Assistant Director of Finance and Transformation Project Manager of University Hospitals of Leicester NHS Trust said, “We recognised that Netstore has a strong understanding of COA SolutionsApplications and from a Managed Service perspective, were reassured that Netstore provide services to more COA Solutions customers than any other provider – both in the Public and Private sectors. We also recognised that an effective managed service was critical to the success of the transformation project. This would allow the Trust to concentrate totally on gaining the benefits of the COA Solutions solution whilst being reassured that Netstore will provide a reliable and high quality managed service”
Paul Barry-Walsh, Chairman & Chief Executive Officer of Netstore said, “This new business win further strengthens our position within the Emergency Services and NHS sectors where we now have 26 NHS and PC Trust consulting and managed services clients.”
Dean Dickinson, COA Solutions director of public sector and enterprise sales, said, "We have worked closely with the UHL NHS Trust to identify significant business savings through the implementation of a new financial management system. We are delighted that the NHS Trust has chosen to work with COA Solutions, particularly as the contract was awarded on the basis of our track record in the health sector.”
University Hospitals of Leicester NHS Trust (UHL) is one of the largest and busiest teaching trusts in England, employing over 12,000 staff and providing services to nearly a million people across Leicester, Leicestershire and Rutland and beyond.