Edinburgh University to pay extra £8m for controversial finance system

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The University of Edinburgh will pay an extra £8m to the supplier of its controversial new finance system.
Payments to students, staff and suppliers were delayed last year by the rollout of the revamped HR, payroll and finance set-up.
The university has revealed that its contract with supplier Inoapps for the People and Money (P&M) system will rise from £25.3m to £33.5m, excluding VAT.
It said this is to account for “changes in requirements and additional work”.
The P&M system was introduced at the university in 2020 and completed its rollout in August last year.
  • University of Edinburgh apologises over payment backlog
  • Academics warned of issues with new finance system
  • University of Edinburgh orders finance review
  • Problems in the final phase of the project meant thousands of invoices issued to the university were left outstanding and payments to staff and students were delayed.
The £33.5m price tag for the contract is more than double the £14m that it was initially advertised in 2017.
Last month, a group of senior academics on the university senate, tabled a motion that stated the university’s response to the crisis was “not an adequate foundation” for confidence in the implementation of the P&M system.
The paper said the lack of sufficient planning and oversight “was a tremendous and costly risk” to the university’s operations.

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