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Founded in 1985, Homeloans Limited Group (ASX:HOM), a non-bank lender, provides property-based finance and management services to some 27,500 clients throughout Australia, selected SunSystems 5 to power its financial management and business practices. Homeloans is headquartered in Perth, has branch offices in each state and employs some 276 staff. Homeloans listed on the Australian Stock Exchange in March 2001 and has since acquired FAI Homeloans, Eurofinance and Access Homeloans. “Our business is growing rapidly and it was essential that we implement a solution that would support and grow in-line with our business needs,” said Mr Jayson Mehnert, Chief Financial Officer, Homeloans Limited. “SunSystems 5 offers Homeloans the ability to provide senior management with timely and accurate reporting information, enabling us to take better control of our business through real-time decision making. SunSystems 5 is a leading financial management solution that enables managers to take control of their organisation by delivering financial information that can be analysed in great detail. Importantly, the different dimensions of organisational activity can be reflected without having to prescribe a data relationship in advance. The end result is that SunSystems is uniquely flexible but without implementation complexity. An integral component of SunSystems 5 is the Vision business intelligence suite that offers reporting versatility and analytical power to complement modern financial management. “We currently hold $4 billion under management, therefore successful financial management is one of our highest priorities,” Mehnert said. “The SunSystems solution will enable us to easily access real-time reports that are simple yet detailed and through Vision, presented in an Excel environment, allowing us to manage our finances actively and efficiently.” The solution was implemented by Eclipse, a systems integrator delivering financial and business management solutions to many local and multinational organisations. Commenting on Homeloans selection of the SunSystems software, Mr Bill Bryce, spokesperson for SunSystems in Australia and New Zealand, said, “Homeloans, like many other companies that are experiencing growth, has realised the importance of a financial solution that is flexible and proactive in the management of financial information. The SunSystems solution enables companies to create flexible, timely and meaningful management reports.”
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