Issue - meetings
Brent Finance Transformation and Oracle Cloud Transformation Roadmap (Release 2) Capital Investment
Meeting: 13/09/2021 - Cabinet (Item 11)
This report sets out the further enhancements which are achievable within the Oracle Cloud System and seeks approval for further investment to gain further efficiencies and transformational aspects that the system offers.
Additional documents:
Decision:
Cabinet RESOLVED
(1) To approve the investment of £2.5m for the Oracle Cloud Roadmap (Release 2).
(2) To agree that each project would be subject to regular review and monitoring by the Corporate Landlord Board and reported into the Capital Programme Board. This would be in consultation with the Deputy Leader, as Lead Member with responsibility for IT.
Minutes:
Councillor McLennan, Deputy Leader and Lead Member for Resources, introduced a report seeking approval to further investment in the Oracle Cloud System and Transformation roadmap as a means of gaining further efficiencies and accessing additional transformational aspects offered within the system.
In considering the report members noted the progress being made with implementation of the Oracle Cloud Release 1 project along with the improvements these were expected to deliver in relation to current ways of working, including the use of real time data and other efficiencies in terms of systems and processes. Looking to build on the improvements identified through implementation of Release 1, a range of further benefits and additional functionality had subsequently been identified, which had formed the basis of the additional investment being sought for Release 2 under the Oracle Cloud Roadmap. These included projects related to Finance Accounting and Transactional Management performance, case and project management, governance and risk compliance, sourcing and contract management which would be expected to provide further enhancements and efficiencies in relation to the Finance, Procurement and HR systems, integration and control mechanisms.
Having noted the benefits identified, Cabinet RESOLVED:
(1) To approve the investment of £2.5m for the Oracle Cloud Roadmap (Release 2).
(2) To agree that each project identified with Release 2 of the Roadmap would be subject to regular review and monitoring by the Corporate Landlord Board and reported into the Capital Programme Board. This would be in consultation with the Deputy Leader, as Lead Member with responsibility for IT.