Accountancy Magazine
Rugby Union adopts new cashflow system
Body wants to control corporate spending
Emily Beattie
24 July 2009
The Rugby Football Union has taken on a new e-procurement, expense and cashflow management system as part of a new way to manage its costs and control corporate spending.
Based in Twickenham, the RFU is the national governing body for rugby in England, with over 1,700 member clubs and 450 paid staff. It will be taking on Compleat Software Limited in a bit to cut costs by consolidating its suppliers and increasing efficiencies in the purchasing process.
Head of finance at the RFU Jon Moulson said: ‘This is the biggest IT project in finance that the organisation has ever undertaken, and we needed a system that could meet that challenge.
‘We are very happy with Compleat and the implementation is going well,’ he added.
The whole system is expected to go live in the last quarter of 2009.