Edtech Compass chalks up $64 million WA colleges contract in cope with TechnologyOne


College administration software program scaleup Compass has gained the tender to provide greater than 800 of Western Australia’s Public Colleges with its expertise – a undertaking it would ship in partnership with ASX-listed TechnologyOne.

The deal, which is price greater than $9 million yearly over seven years, with an possibility for extension, will see Compass broaden to help greater than 3000 colleges, and 4 million-plus customers.

It’s understood that the 2 native tech firms outbid a number of worldwide rivals to win the contract.

Compass cofounder and CEO John de la Motte mentioned the tender course of was rigorous and run over a number of years by the division.

“We’re thrilled Western Australia’s Division of Schooling has chosen native expertise suppliers to energy its public colleges. After operating one of the crucial stringent tender processes we’ve ever been concerned in, together with detailed evaluation from unbiased material consultants, Compass has been awarded the contract for all 4 college administration classes,” he mentioned.

“Supporting native expertise jobs is a key tenement of Compass, an ed-tech firm that’s in-built Australia in session with academics from proper throughout the nation.”

The Victorian-headquartered Compass launched in Western Australia in 2019 and previous to this deal is utilized by 150+ colleges within the state.

Based on the tech firm, WA’s Schooling Division broke the tender up into 4 classes together with college administration, pupil administration, timetabling and finance – three of which have been awarded to Compass. The finance a part of the answer can be delivered by Compass in partnership with TechnologyOne.

TechnologyOne CEO Ed Chung mentioned his firm will help the billing, finance, accounting, budgeting and administration reporting operate for the Division and the colleges it serves, offering real-time insights throughout money flows and efficiency to drive effectivity, streamline processes, and save money and time.

“Our resolution empowers greater than 1.4 million college students globally throughout Ok-12 and better training, partnering with Catholic Schooling, and a number of the world’s main universities. TechnologyOne can be trusted by one in 4 public sector organisations throughout Australia and New Zealand,” he mentioned.


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