OGC seals cost-saving licensing deals
Central government purchasing body, the Office of Government Commerce, has earned praise from the National Audit Office for its negotiation of software licensing agreements.
Central government purchasing body, the Office of Government Commerce, has earned praise from the National Audit Office for its negotiation of software licensing agreements.
The OGC has established agreements with suppliers such as Microsoft and Oracle, and had been expecting to save between £40m and £60m per year by negotiating good rates with suppliers. The deal with Microsoft alone was expected to save £100m over three years.
In its report, Purchasing and Managing Software Licences, the National Audit Office states that savings achieved by January 2003 amounted to #31m, and the OGC is confident that more departments will sign up to the discount scheme in the coming months.
‘Many departments have existing contracts in place. As these come to an end, they will look to move on to the terms offered by the deal,’ said an OGC spokesman. But a lack of awareness has also hampered the scheme’s take-up.
‘Our discussions with departments indicated that not all were aware of the agreements with suppliers,’ stated the report.
Additionally, many departments underestimate the total cost of upgrading their software. Fewer than half of the survey’s respondents considered the total cost of ownership before upgrading their software, according to the report’s findings.
By signing up to the agreement reached between Microsoft and the OGC, departments would be entitled to upgrade to Microsoft’s latest operating system, Windows XP. But the operating system requires a PC with a 300MHz Pentium II processor and 128Mb of Ram. As such, there is a risk that departments may ‘underestimate the full cost of investment in IT,’ warns the National Audit Office.
The numbers you crunch tell a story. Your expertis...
21yEmbracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...
View articleOrganisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...
View articleIn a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...
View resourceDiscover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...
View articleThe shift to cloud-based accounting marks a significant transformation, enhancing efficiency, collaboration, and data security, and setting new standa...
View articleOn February 28, Xero became the latest accounting technology provider to launch a new AI assistant. ‘Just Ask Xero’ or JAX was announced a...
View articleThe collaboration between OCR and AI in automating the AP workflow marks a significant stride towards operational excellence. Read More...
View articleThomson Reuters has successfully acquired Pagero, a Swedish e-invoicing and tax solutions company, for approximately $800 million. The content and tec...
View articleOrganisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...
View articleWith so many accounting software options on the market today, from QuickBooks to FreshBooks to Xero, it can be overwhelming for small business owners ...
View articleThe Horizon scandal has shed light on the crucial role of ethical practices in the accounting technology industry, and underscored the need for transp...
View articleAccountants in industry must upgrade wisely to help their businesses evolve, according to Nick Longden of AccountsIQ Read More...
View article