UK Treasury delays decision on joining £1.7B shared services program until December
By
Lindsay Clark
Summary
The UK Treasury is delaying its decision on whether to join the government's £1.7 billion Matrix shared service strategy until December, despite having funded the program for five years. The Treasury would need to migrate from its customized Oracle Fusion system to cloud-based Workday software, but the move has been postponed due to delays in the Workday rollout. Savings from the program depend on multiple departments, including the Treasury, adopting the new system.
Source
Key quotes
· 3 pulledThe UK Treasury will not say whether it will join the government's £1.7 billion finance and HR transformation strategy until December despite funding the program for five years.
Savings from the so-called Matrix cluster of the shared service strategy are contingent on a bunch of departments – including His Majesty's Treasury (HMT) – adopting cloud-based finance and HR software from Workday.
To do so, HMT would have to migrate from its customized version of Oracle Fusion.
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