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Leveraging Oracle JD Edwards Financials, eProcurement and Asset Maintenance
“Fusion5, our implementation partner, has proven to be lateral thinkers and flexible with their approach, essential in our unusual and ever-evolving environment.”Kim Goodair, Financial Controller, TRI
Translational Research Institute (TRI) is an Australian-first initiative in the medical research field – bringing the collective intellect of 650+ researchers from the University of Queensland Diamantina Institute, the Queensland University of Technology Institute of Health and Biomedical Innovation, Mater Research and Princess Alexandra Hospital Centres for Health Research.
TRI aims to discover, produce, test and manufacture new therapies and treatments in one location. Led by renowned Queensland Scientist and 2006 Australian of the Year, Professor Ian Frazer, the Institute has been made possible due to combined funding from Queensland Government, The Atlantic Philanthropies, the Commonwealth, Queensland University of Technology and University of Queensland.
With the large number of stakeholders, TRI needed a business solution that would work for all parties involved and would provide an environment that enabled all shareholders to work collaboratively.
Within TRI there was a requirement for an efficient fully functional financial system with a focus on supply chain and asset maintenance from both a financial and workplace health and safety perspective. The solution had to prove its ability to manage physical space and resource limitations and where practical, provide automation and Smart Purchasing. With a focus on research, TRI wanted a system that would provide efficient and economic administration services, freeing up staff to focus on value add activities.
Not only did TRI want a solution that could help it run its business, the system also had to:
TRI considered a number of ERP vendors during the selection process including SAP, Microsoft and Technology One. After evaluating the results, Oracle JD Edwards EnterpriseOne was selected as the application that best met the business requirements of TRI and offered the best value for money.
“We wanted Tier 1 functionality without the costs – JDE was a simple decision to make. Fusion5, our implementation partner, has proven to be lateral thinkers and flexible with their approach, essential in our unusual and ever-evolving environment.” — Kim Goodair, Financial Controller, TRI
The successful implementation went live and delivered key benefits and results such as:
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