Restoring the business financial integrity framework was paramount and assessment of process driven internal controls revealed:
- The aged IT system was not keeping pace with the business information needs
- The IS system was centralised, contained many duplication points.
- Overlaps in internal compliance policy efforts.
- Individual projects were difficult to isolate and manage to budget
- Procurement analysis was out of step with financial reporting.
Working closely with other senior executive, acceptance of the introduction of duplication mapping within the services technical boundaries was obtained to maximise available synergies.
Board approval was obtained for the database interrogation which substantially shifted the asset base and lifted the reporting and accuracy of the key management information.