ICT and Finance
The Information and Communications Technology (ICT) and Finance division is responsible for providing technological business solutions and financial services to support the Institute’s work.
The ICT team provides desktop and network support to Institute and ABEL staff throughout the country and also hosts, maintains and develops vital applications including the membership, website, finance, payroll, practice review and library systems.
The Finance team provides financial services to Institute management to assist them in delivering their member outputs. These services include management reporting, treasury, budgeting, accounts payable and receivable, financial reporting, general financial/business assistance and tax compliance.
This divisional report outlines:
Progress on last year's goals
- Launch further online capabilities for members as well as upgrading internal systems.
Increased capabilities include annual billing and annual declarations and special interest group pages on the Institute website and the launch of a new and vastly improved system to manage our practice review process. - Provide better use of technology through an upgrade to the financial system and further improvements to internal management reporting.
There was a successful upgrade to the Institute’s financial system which enabled a more efficient budget process and a more user-friendly platform for Institute management to obtain financial information. The timing and content of internal management information was also improved.
Other highlights
- The laying of the foundations for further online functionality for both members and for internal staff.
- Completed the Institute’s first set of NZ IFRS-compliant financial statements; and
- assisted in a number of internal projects providing strategic and financial assistance.
Coming year
- Implementing online registration for the Institute’s courses and events, an online log for members to record their professional development and an Intranet for Institute staff to improve information flow and document management.
- Adding further functionality to the Institute’s financial system to provide more information to management through invoice scanning.
- Providing coordination and reporting services for a number of internal processes including business plan monitoring and risk management;
- Partnering with business units to better explain their financial performance and key drivers.
