Network Housing Group has recently chosen SunGard’s AvantGard Treasury for cash and debt management, deployed in an application service provider (ASP) environment.
The housing provider, which manages 17,000 homes, will use AvantGard Treasury to minimise manual processes such as data entry into spreadsheets, and to gain improved visibility of daily cash positions and settlements. AvantGard will also support Network’s debt management functions to provide data transparency and audit controls.
Jenny Hodgkins, head of treasury services, Network Housing Group, said, “The ASP delivery model will help us to manage costs via a pricing model and IT support infrastructure that fits our budget. We expect that AvantGard will deliver numerous benefits, including improved efficiency, support for complex debt management and increased data transparency.”