- Frango Advisor deployed for payroll planning across the only London-wide NHS Trust -
The London Ambulance Service NHS Trust, the largest free ambulance service in the world, caring for more than one and half million patients every year, has implemented software from Frango to manage payroll financial planning as part of the Department of Health’s ‘Agenda for Change’ pay structure.
Agenda for Change is part of the Department of Health’s modernisation plans for the National Health Service (NHS). It will see a new pay system applied to all directly employed NHS staff . All London Ambulance Service NHS Trust staff will come under the new pay structure in October 2004 when the system will be implemented across the whole of the NHS. The Frango software, Frango Advisor, will assist London Ambulance Service to manage the financial impact on its more than 4,000 employees before, during and after the change in the NHS pay structure.
As well as including payroll capabilities, Frango Advisor includes a range of planning and analytic functions such as budgeting, forecasting, consolidation and financial reporting. The payroll module of Frango Advisor will allow London Ambulance to tie payroll in with the full budgeting capability provided by Advisor, and incorporate all inputs that may impact its payroll budget including benefits, compensations and retirement plans.
“As well as the capability to prepare for Agenda for Change, our decision to deploy Frango Advisor’s payroll capabilities was based on its functionality, which allows payroll forecasting at individual, grade, cost centre and company levels,” said Martyn Salter, deputy director of finance for London Ambulance Service NHS Trust. “The security of the environment provided by Advisor met all our needs, including features such as payroll data being held separately from financial and project data and accessibility that is controlled on an individual basis.”
About Frango Advisor
Frango Advisor covers the complete range of planning and analytic functions for the enterprise, including budgeting, forecasting, payroll planning, consolidations and financial reporting. By combining an enhanced Excel environment with industry standard databases and innovative reporting technology, Frango Advisor provides a comprehensive, familiar and adaptable performance management solution for business of all sizes.
Founded in 1987, Frango is a European software company that helps finance and business managers to plan, report, consolidate and analyse business information. This process is generally known as Corporate Performance Management though is also referred to as Business Performance Management (BPM) or Enterprise Performance Management (EPM).
Frango’s product range includes:
• Frango Controller – financial command and control software
• Frango Consolidator – consolidation and management reporting
• Frango Advisor – budgeting and planning system
Frango has more than 1,300 customers worldwide. Almost a fifth of large corporates in Europe1 use Frango’s software to understand, track and develop their business, including Aegon, IKEA, Alliance UniChem, Scottish Power and Credit Suisse.
The company’s headquarters are in Sweden with offices throughout Europe, Asia Pacific and the United States. It has 250 employees and is listed on the Stockholm Stock Exchange under the symbol FRANGO. More details are available at www.frango.com
1 KPMG Consulting, Fast Close 002 Survey
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