The Challenge The Finance Department within Victoria Teachers Mutual Bank (VTMB) was largely reliant on manual Microsoft® Excel spreadsheets. Data entry and analysis was tedious, time consuming and prone to error. The organisation was spending 80 per cent of its time preparing information for reports and just 20 per cent analysing the data. Realising this trend had to be reversed, VTMB went out to tender looking for accounting software that would help automate processes and free up staff time for other management tasks. The Solution Victoria Teachers Mutual Bank purchased TechnologyOne Financials, as its suitability for the mutuals industry meant it matched the needs of VTMB. TechnologyOne Financials delivers enterprise-wide control and integration of financial information. The

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