Unit4 Software Underpins IT Transformation and Drives Change for the Republic of Cyprus

NICOSIA, Cyprus & UTRECHT, Netherlands–(BUSINESS WIRE)–Unit4, a world leader in enterprise systems for services organizations,
has been chosen by the Republic of Cyprus to help standardize and
modernize its IT systems for finance, budgeting, HR, payroll provision
and pensions administration. Unit4 and its partners, Grant Thornton
Cyprus and GCC Computers Ltd, will deliver Unit4’s Business World
platform as part of an IT transformation that is vital to the Government
as a key enabler of change and financial reform and integral to its
long-term transformation strategy.

Business World
will be used by the central government of the
Republic of Cyprus, driving transparency, improved financial management
and control, and ensuring compliance with increasingly stringent local,
EU and international public sector regulations, accounting policies and
standards. It will be used by approximately 150 public authorities to
serve over 8,000 core users in both the English and Greek language,
together with some 70,000 self-service users.

‘’Unit4, Grant Thornton Cyprus and GCC Computers Ltd delivered a
thorough response to our detailed requirements,’’ said Mrs Rea Georgiou,
Accountant General of the Republic of Cyprus. ‘’Using Unit4’s modern ERP
technology, coupled with business process re-engineering, we can
automate and simplify our business and financial management processes,
saving both time and money. We’ll find new efficiencies, so we can do
more with less, and automate more administration, freeing time for
managers and employees to focus more on valuable work. In addition, our
public officials will benefit from improved visibility and access to
data supporting faster and better decisions that will improve services
to the Republic of Cyprus.’’

As well as rich functionality and user experience, Unit4 Business World
offers the Republic of Cyprus a future proof solution that is easy to
change, without the need for costly and disruptive re-programming. This
ease of use, flexibility and agility is important as the Government
plans for future growth, diversification and increasing regulatory

‘’The ability for the Republic of Cyprus to ‘own’ change through our
fully configurable ERP platform will significantly reduce the total cost
of ownership and empower them to manage change more effectively across
all operational areas,’’ said Derren Nisbet, Regional President at
Unit4. “In addition, the shift towards self-service and Unit4’s unique
self-driving ERP functionality will simplify their financial management
and business processes and improve the user experience, maximizing
adoption of the new system among their diverse user groups.’’

About Unit4

Unit4 is in business for people. We’ve specialized in software for
service organisations since the early 1980s. Today, we build the
smartest enterprise applications on the planet. Our technology is
central to the organisations we serve – it improves efficiency and
productivity and allows people to spend more time on meaningful work.
Using the latest AI, machine learning and digital technologies, our
customers can make more sense of business-critical data than ever
before. We work with more than 1500 government customers worldwide as a
leading provider of back office solutions to government organisations
across Europe with clients that include the Government of Malta, City of
Surrey, Metro Vancouver, Norwegian Public Roads Administration, Local
Government Management Agency (LGMA), Ireland, City of Stockholm, and the
State of Berlin. Our customers report rapid and extensive return on
investment (RoI).

For more information about the work we do, please visit the website at http://www.unit4.com,
follow us on Twitter @Unit4global,
or visit our LinkedIn

About Grant Thornton International Ltd*

Grant Thornton is one of the world’s leading organisations of
independent assurance, tax and advisory firms. These firms help dynamic
organisations unlock their potential for growth by providing meaningful,
actionable advice through a broad range of services. Proactive teams,
led by approachable partners in these firms, use insights, experience
and instinct to solve complex issues for privately owned, publicly
listed and public sector clients. Over 52,000 Grant Thornton people,
across more than 130 countries, are focused on making a difference to
clients, colleagues and the communities in which we live and work.

Grant Thornton International is a non-practicing, international umbrella
entity organised as a private company limited by guarantee incorporated
in England and Wales. References to “Grant Thornton” are to the brand
under which the Grant Thornton member firms operate and refer to one or
more member firms, as the context requires. Grant Thornton International
and the member firms are not a worldwide partnership. Services are
delivered independently by member firms, which are not responsible for
the services or activities of one another. Grant Thornton International
does not provide services to clients.

*All references to Grant Thornton International in the press release and
this “Notes to editor” section are to Grant Thornton International Ltd.
Grant Thornton International Ltd is a non-practicing, international
umbrella entity organized as a private company limited by guarantee
incorporated in England and Wales.

About GCC Computers Ltd.

GCC Computers has a distinguished market presence in Cyprus as an ICT
System Integrator and has built a strong reputation as the employer of
the best technology professionals.

For more than 30 years, GCC has been acknowledged with considerable
success serving Public/Government, Telecommunications & Utilities,
Banking/Finance and SME (Small-Medium-Enterprise) sectors with
innovative solutions. GCC’s expertise and extensive partnerships help
clients harness the technology power to thrive on change and guide their
digital transformation journeys.

For more information about the work we do, please visit the website https://www.gcc.com.cy,
follow us on Facebook
, or visit our LinkedIn


Emma Keates, +44 (0) 1423 537977
Global PR Manager

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