Corero Network Regulatory News (CNS)

22 Aug 2006 07:01

Mondas PLC22 August 2006 Mondas PLC Mondas wins two more colleges with Resource Financials Leading AIM listed education and financial services software specialist MondasPLC announces that Norwich School of Art & Design and Stroud College inGloucestershire have both signed contracts to use Resource Financials, acomprehensive financial management software package to handle their accountingand financial requirements. This brings the total number of UK educationalcolleges using Resource Financials to over 120. Angela Robson, Director of Finance at the Norwich School of Art and Design'ssaid: "We looked at a number of systems before deciding that the Mondas ResourceFinancials system was easily the best match for our infrastructure needs. Itenables us to take our management reporting to a whole new level." Andrew Clare, Director of Finance at Stroud College in Gloucestershire added "We wanted to build on the progress that we have achieved in the last two yearsin improving the information and accountability of budget holders and the MondasResource Financials package does this as well as providing a powerful tool tomonitor the financial objectives in a timely manner." Both colleges will be using the Resource Web Portal solution, 'Enquirer' toprovide Budget Holders with real time, on-demand statements and WebRequisitioning to help streamline their procurement cycles. Bernard Snowe, Director of the Mondas Business Systems Division said:"We are delighted that the Norwich School of Art and Design and Stroud Collegein Gloucestershire have chosen Mondas Resource. They join the growing number ofHigher and Further Education clients, which are extremely important to us, andwe look forward to working with them to develop their Resource systems to meetchanging regulatory and system demands. 2006 is proving to be a good year for the division with a total of 13 newinstitutions, including schools such as Haberdashers' Aske's Hatcham andStockley Academy being added to our growing Education user base." 22 August 2006 Enquiries: Mondas PLC 020 7392 1300 Jarlath McGee, Chief Executive College Hill 020 7457 2020 Matthew Smallwood Notes to editors Resource is a powerful, modular ICAEW- accredited solution comprising corefinancial ledgers plus procurement, commitment accounting, budgeting, projectcosting and fixed assets. Other applications include Resource Human Resourcesand Payroll, Resource Continuing Professional Development, Resource LearningManagement System and Eclipse Learning Management System. This information is provided by RNS The company news service from the London Stock Exchange