Case Study: QIC Limited reduces month-end close and centralises financial data with TechnologyOne Financial Management ERP

QIC Limited - Customer Case Study

QIC Limited, one of Australia's largest institutional investment managers with over $60 billion in funds under management, needed new technology to help it stay ahead of a rapidly changing financial services industry and sharpen its focus on profitability. TechnologyOne was chosen to implement its Financials suite to address this challenge.

TechnologyOne's solution integrated all of QIC's corporate financial information into a single source of truth, streamlining and automating financial processes. This provided a clear picture of profitability and resulted in significant efficiency gains. The month-end closure was reduced from eight days to three, and the adoption of a virtually paperless approach saved office space and time. TechnologyOne's flexible software also helped QIC cope with industry changes, regulatory reform, and offshore expansion.

QIC Limited

Claire Blake

Chief Financial Officer