Pyramid completes e-financials system for BoS

17 Apr 2003

IT consulting and software firm Pyramid Consulting has completed a major e-framework implementation project based on Coda Financials at Bank of Scotland’s Irish operation.

This will enable the bank to utilise a fully integrated Coda e-procurement system as well as manage finance and workflow needs.

Coda Financial Intelligence provides strategic financial intelligence built around a core global accounting system called Coda Financials.

With regional offices in key Irish cities, Bank of Scotland recorded its ninth year of consecutive profit growth, with pretax profits of €115.7m during 2001, up 84pc on a year earlier. The bank aims to become Ireland’s number one business bank by 2005.

Tom Totton, head of finance at Bank of Scotland (Ireland): “Our E Framework strategy, utilising the strengths of Coda Financials, Procurement and workflow allows us to deliver a better end to end service to our internal customers and suppliers. We now have the ability to eliminate a lot of physical paper flow and are already looking at how we can further automate many of the other operational functions within the bank.”

Pyramid Consulting specialises in developing IT systems that meet the demands of medium-to-large organisations in the Irish marketplace and has established relationships with IBM, Oracle, Coda, Citrix, Cognos and QPR.

By John Kennedy