UNIT4 Business Software today announced that the University of Huddersfield, which is the current Times Higher Education “University of the Year”, is to implement Agresso Research Costing and Pricing. The solution is being implemented to support the University’s strategy to be an: “internationally recognised innovation and research-led institution, solving the problems and answering the questions posed by industry, science and society as a whole”. It will also underpin Huddersfield’s aim to increase research revenue by 50 per cent.
Agresso Research Costing and Pricing was developed in partnership with the Universities of Oxford and Cambridge and has sold rapidly since its recent launch. It will enable the University of Huddersfield to produce accurate full economic costing, pricing, and approval estimates for pricing grant applications and research contracts. Operationally it will provide a consistent approach to research costing including data input, output, and interpretation, evidenced by clear audit trails through a single, shared solution.
The University of Huddersfield will integrate the solution with its existing Agresso Finance platform to automate and extend processes. This will reduce the cost of administration, and enable the University to provide better services to funders.
“Research organisations are incredibly complex and external compliance and transparency requirements are expanding,” said Andrew McConnell, Finance Director at the University of Huddersfield. “Agresso Research Costing and Pricing will help us simplify multifaceted administration so that we can focus on world-class research and growing revenues. The flexibility of the solution means that it can be configured easily to meet the individual needs of our research organisation and future change.”
Agresso Research Costing and Pricing will provide clear visibility of research operations with graphical dashboards on users’ landing pages illustrating Key Performance Indicators (KPIs). These include income versus forecast, project win/loss, if any projects are in deficit, percentage increase in number of bids versus target, utilisation of staff, spend on external resources and how many projects are in progress.
Despite only being launched in September 2013, more than 20 research institutions worldwide have already purchased Agresso Research Costing and Pricing.
“We are delighted to be extending our relationship with the University of Huddersfield,” said Anwen Robinson, Managing Director of UNIT4 Business Software Ltd. “Against a backdrop of ever more complex reporting requirements, the rapid success of Agresso Research Costing and Pricing demonstrates that there is a considerable need for this type of solution.”
UNIT4 is the leading provider of back-office systems to post-16 education organisations in the UK and at the forefront of developing and implementing technology solutions for international research institutions.