Rob Preston writes in Forbes, "New Zealand's Ministry of Education faced a challenge all too common in the private sector. Its financial organization had too many spreadsheets, databases, outdated applications, and disconnected processes to manage effectively. So it was difficult to hold budget overseers accountable for financial performance and give people across the Ministry access to the information they needed for planning, forecasting, and other purposes.
The Ministry of Education, which manages an NZ$14 billion (US$9.8 billion) annual budget, is unlike most companies in that its remit is wide-ranging and public-service-oriented. Among its responsibilities: Provide funding for a variety of programs to boost student achievement in New Zealand's primary, secondary, and tertiary schools, while reducing education disparity. As such, the Ministry needed to modernize and integrate the financial systems and processes that make all that important work possible..."
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