TechnologyOne has won another federal government contract for its enterprise Software as a Service (SaaS) offering, securing a second shared service hub with the Department of Industry, Innovation and Science (DIIS).

DIIS is the second Shared Service hub to partner with TechnologyOne, under the Federal Government’s Shared Service Strategy, following the Department of Treasury.

The two Shared Service hubs are expected to manage more than 40 Federal Government agencies.

TechnologyOne’s Executive Chairman Mr Adrian Di Marco said “TechnologyOne is the only enterprise vendor to offer a true enterprise wide Software-as-a-Service solution across the entire enterprise including financials, supply chain, HRP, analytics, CRM and asset management for medium- to large-scale organisations.

Chief Financial Officer of DIIS, Mr Brad Medland, said TechnologyOne met the department’s needs.

“We went to market seeking a flexible ERP solution that would enable us to provide Shared Service capabilities to other federal government agencies,” Mr Medland said.

TechnologyOne’s Chief Executive Officer, Mr Edward Chung said TechnologyOne expects to see substantial growth in coming years from its SaaS offering to State and Federal Governments.

"We already have six Federal Government customers on our SaaS solution who benefit from significant reductions in the time, cost and risks associated with large scale enterprise-wide software implementations.

“Our software is accredited to the highest and most stringent global standards possible, and is the only enterprise software vendor recommended for IRAP certification,” Mr Chung said.