Manage your finances, performance and resources like a corporation

Teldware™ gives you the ability to manage your finances like a corporation.

If your officers use Teldware™ to manage your finances, for a average of 10 enquiries per day, and if a single enquiry saves you conservatively speaking, one minute, then that’s 10 minutes of time saved per day per employee.

The economic benefit will be 10 minutes divided by 60 minutes divided by 8 hours, equal to 2.08% of a day’s work (2.08% of the employee’s salary).

If your officers make, on average, £50,000 per annum, then 2.08% equals £1040 per employee per year.

Of course, the bigger strategic benefit is…

Our technology can enable officers and key decision-makers in your organisation to access the financial data they need when they need it, without needing a degree to do it.

Using our proven technology, your officers and administrators will be able to:

• Retrieve data to improve operations
• Keep tabs on assets and resources
• Spot hidden budget leaks.

Teldware™ makes data easy to access and analyse by non-technical officers and administrators. Chances are that currently officers and administrators in your organisation are dependent on the techies in the organisation, which delays decision-making.

So saving keystrokes is not the only benefit behind Teldware™. The bigger benefit and opportunity is removing the ‘middleman,’ or the technical clerks that stand between officers and access to data in your organisation.

With Teldware™ you won’t need specialised skills to access specialised data.

Teldware™ should not only lead to better decision-making, it will facilitate improved stakeholder engagement in the information exchange process by empowering your decision-makers with quick and easy access to the information they need, when they need it, in three seconds or less.

Teldware™ can also improve performance. It will enable your officers and administrators to facilitate improved productivity by depending on accurate and relevant data.

As financial pressures keep increasing, your organisation needs to find more robust ways to deliver your overall plan and meet your financial challenges. Being able to get accurate data on your Council’s performance is necessary to be able to effectively deliver your services and strategic plans.

Effectively monitor and evaluate progress in delivering your services and strategic plans

The Faroese government knows that time is money.

In order to achieve strong corporate governance, it decided to manage corporately the fundamental support services such as finance, performance management, commissioning, and resource management.

Their corporate mindset made all the difference.

Corporate governance cannot be achieved when the Chief Executive and the executive team constantly depend on the techies in your organisation to instigate or lead data-informed conversations within the organisation or with stakeholders.

If the CEO is required to wait hours, days or even weeks before the clerks can examine and deliver reports on local services or the financial status of the organisation, then how effective and timely can their decision-making be?

Contrast that with having access to the required information in a matter of seconds or, worst case, minutes, and now you have the Teldware™ advantage.

Teldware™ gives your key people quick and easy access to all the data in your organisation from one centralised location, all in one streamlined structure.

How is data managed and retrieved in your Council?