Business Manager Kerry Whiting says Darwin Port Corporation implemented TechnologyOne’s financial management solution two years ago to give it the business platform to manage growth and improve its business processes.
Since the Adelaide-Darwin railway was completed in January 2004, the organisation has been promoted as the gateway to Asia. It is now reaping the benefits of making a giant technological leap prior to the railway opening, with the business already experiencing a steady 5% growth.
“We needed a business partner that could help us drive business process improvement throughout our organisation, and lead us through a major cultural change,” Mr Whiting said.
“The solution that we required had to be built utilising the core principles of best practice to ensure the organisation took on board these principles as standard business process.
“TechnologyOne delivered a solution that was a monumental leap from our existing solution, and their consultants partnered well with the organisation to make these fundamental changes.”
A critical component of the project was improving the line of reporting to government.
“Our end of month processing is dictated by government requirements, and we have significantly improved the quality and accuracy of information we are providing to our key stakeholders, as well as the timeframe in which we deliver this information,” Mr Whiting said..
“Since implementing TechnologyOne’s financial management solution, we have cut our reporting timeframe from seven days to three days.
“We are now also able to present key information to our stakeholders in a format that clearly indicates the information they need to act on to best manage the business.
“This allows our stakeholders to make more accurate and timely decisions based on the information we are reporting.”
Darwin Port Corporation manages one million tonnes of cargo per annum, and is expected to increase this cargo by three million – five million tonnes in the next couple of years.