George Wimpey UK Ltd., one of the UK's highest volume house builders, has invested in a Performance Management solution from Geac.
Geac will work with George Wimpey UK to configure the system to meet the company's budgeting and forecasting requirements across its 27 operating units in the UK, replacing the existing spreadsheet-based approach.
Geac Performance Management is an integrated product line that enables companies to bolster their effectiveness by tightening the linkage between business strategy formulation and operational execution, and by improving monitoring, reporting, and decision-making. The line comprises modules for planning, budgeting, expense and travel management, forecasting, financial consolidation and reporting and analysis.
Mike Andrews, General Manager for UK direct operations for Geac Performance Management, said: "Without doubt the UK construction industry is under intense pressure as it experiences enormous organic growth, fuelled by the continued housing boom and unprecedented levels of merger and acquisition activity. It is vital that leaders in the construction industry, like George Wimpey, maintain their dominant position by having first class financial systems to help them continue to make effective decisions. We're delighted to have secured the contract against strong competition, with our single integrated solution winning through."
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