Cedar Implements New Financial Systems for Canada Life Wednesday 20 June 2001 PDF Print Cedar has been chosen to implement new financial management software for the UK division of Canada Life. The consultancy division of Cedar, the global Enterprise Solutions Provider, was chosen for the implementation ahead of the competition due to its ability to understand Canada Life’s requirements and its PeopleSoft Financials implementation track record, backed up by excellent blue chip references. Cedar is implementing PeopleSoft8, the pure Internet architecture financial management software at Canada Life’s headquarters in Potters Bar. The project involves implementing the general ledger, accounts payable and personal expenses modules. Further modules are also under consideration - including planning and budgeting. This is an important element of a wider programme to improve processes and reporting, helping Canada Life to compete successfully in the increasingly competitive UK Financial Services marketplace. A detailed requirements analysis for the PeopleSoft8 financial system has already been completed and the implementation is underway and progressing in line with the project plan. Rob Paulding Cedar Business Development Manager commented: “This is a significant win for us because it was our first PeopleSoft8 Financials win, coming close on the heels of the product release. Consequently we will have an early, household name reference, and the opportunity to explore other aspects of the programme that Cedar can support.” Canada Life’s Peter Hanney, Finance Systems Programme Director, said: “Cedar impressed us because of its extensive experience, interactive design approach and the quality of the individual team members.” Ends Notes to editors About Cedar Cedar is a global consulting, applications and outsourcing firm which is headquartered in the UK and has a 1500-strong team operating from 45 offices over four continents. Projects range from the delivery of individual business applications for local governments to global consulting on change management for some of the largest companies in the world. Cedar’s unique business model delivers value by combining its own technology capabilities with those of our partners and with customers’ existing solutions. Where appropriate, we will also manage operations. Cedar has relationships with a range of enterprise software component companies, ensuring continued delivery of the best solutions available in the market. For more information please visit www.cedar.com or contact Matt O’Donnell on email email@example.com or +44 (0)1932 584 035. Canada Life Founded in 1847, The Canada Life Assurance Company is the oldest Canadian life assurance company and commenced operations in the United Kingdom in 1903. With assets under management of over £23 billion, the Canada Life group serves approximately 10 million people through individual and group contracts. Canada Life operates in the UK through its wholly-owned subsidiary, Canada Life Limited. The Canada Life Marketing Group consists of Canada Life Limited, Canada Life Management (UK) Limited (regulated by IMRO) and Canada Life International Limited. All these companies are regulated by the Personal Investment Authority. Canada Life Limited, Registered office: Canada Life Place, Potters Bar, Hertfordshire, EN6 5BA. Registered in England No: 973271. Member of the ABI. Tel 01707-651122, Fax 01707-646088 LIVEpr - Innovative Public Relations +44 (0)20 7630 1100 124 Victoria Street London SW1E 5LA This press release was distributed by ResponseSource Press Release Wire on behalf of LIVEpr in the following categories: Consumer Technology, Personal Finance, Business & Finance, Computing & Telecoms, for more information visit https://pressreleasewire.responsesource.com/about.