Taysols assisted Cimic with the design and project management of the application, utilising Cimic staff wherever possible. After the design had been agreed by the steering committee, the system was built in HFM ensuring strict adhesion to Statutory reporting requirements. All historical information was reproduced and reconciled in the new application to ensure historical compliance.

The business rules built by Taysols now gives the Cimic Group the ability to report in two different financial years using the same base data, without duplication. As a result, time-offset reporting is now streamlined and quickly verifiable. Given HFM's enhanced technical and functional abilities, new reports and calculations were created to add value to the internal and external reporting processes. HFM's web forms were complimented by its new Smart View technology for data collection ensuring that validation rules were passed prior to submission, greatly increasing the 'first pass' data quality and thereby reducing reporting effort and timelines.

"The Taysols team was able to assist the finance team as well as provide strong technical guidance. Taysols were intimately involved in developing every aspect of the new system." - Carlos Mendes, CImic Group Chief Accountant