The publicly listed SaaS ERP vendor will contribute towards the finance element of the contract. TechnologyOne has been called in to help deliver a project with education technology company Compass Education as part of a contract worth at least $63 million in total. The whole contract is worth $9 million a year for a seven-year period, with an option for extension, and comes after a tender process from the WA Department of Education that lasted years. On the WA government’s Tenders WA website, the tender win has an initial expiry date of June 2030, accounting for the seven-year length. However, a final expiry date is also listed for June 2038, with an estimated original contract value of $189 million. “After running one of the most stringent tender processes we’ve ever been involved in, including detailed analysis from independent subject matter experts, Compass has been awarded the contract for all four school management categories,” Compass cofounder and CEO John de la Motte said. “Supporting local technology jobs is a key tenement of Compass, an ed-tech company that is built in Australia in consultation with teachers from right across the country.” The tender is split into four categories – school administration, student administration, timetabling and finance – with TechnologyOne’s part in the contract concerning the finance part of the solution. According to Compass, the publicly listed software-as-a-service (SaaS) enterprise resource planning (ERP) vendor will implement its financial management and supply chain software, supporting the billing, finance, accounting, budgeting and management reporting function for the Department and the schools it services. The solution is expected to provide real-time insights across cash flows and performance. Currently, Compass is used in 150 schools across WA. Related content news EDGE 2024 in photos: White Dinner sponsored by WatchGuard Technologies Attendees from A/NZ were treated to a three course meal as well as a fireworks show. By Sasha Karen 16 Aug 2024 3 mins IT Leadership Industry Networking news Microsoft helps ANZ roll out AI Expands past early access program with an additional 3,000 licences By Lilia Guan 16 Aug 2024 3 mins Industry Vendors and Providers news Cloudflare recognises top APAC partner talent at Partner Awards The Missing Link Security, NTT Australia and Dicker Data all took home wins. By Sasha Karen 15 Aug 2024 2 mins Business Operations Industry Security news EDGE 2024 in photos: Day 1 sessions A/NZ EDGE sessions tap into the power of AI, building and monetising a security practice, navigating the speed of change in the IT industry and business success. By Sasha Karen 15 Aug 2024 3 mins IT Leadership Industry Networking SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe