Uganda Investment Authority (UIA) Implements Microsoft Dynamics 365 Business Central
Uganda Investment Authority adopts the #1 ERP Microsoft Dynamics 365
The Uganda Investment Authority (UIA) is a semi-autonomous investment promotion and facilitation organisation to promote and facilitate investment projects, provide serviced land, and advocate for a competitive business environment. UIA works with the Government and the private sector to promote the economic growth of Uganda through investment and infrastructure development.
UIA needed a system that would have all their activities consolidated into a single financial management system so that they can extract consolidated financial report for the institution at large.
UIA was initially using a government finance management system to run the institution. However, this system only manages funds from one source – government and yet UIA has several other funders and partners. There was a need for a system that will manage funds from several funders and partners.
Their current system only managed operations from budgeting to Payment. Its emphasis was on the budgeting from the funding source- government , requisitions- internal commitments, order- external commitments to invoicing and finally execution of payment. There was no revenue management and so UIA needed a system that would manage their different streams of revenue. The system also works using the cash basis method of accounting as opposed to the public sector that require a hybrid of cash and accrual accounting methods. So UIA needed a system that would cater for the accrual method of accounting as well.
UIA needed a system that would have all their activities consolidated into a single financial management system so that they can extract consolidated financial report for the institution at large. A system that would manage stores, manage the fixed assets register and all other activities that were not catered for.
They also needed to have a Human Resource Management Information System to manage their employee bio data, leave administration as well as running their monthly payroll automatedly.
Adroit Solutions Ltd implemented an ERP solution using Microsoft Dynamics 365 Business Central. Our team of consultants set up, configured, built and customized below modules for the client:
+ Stores & Inventory Management + Purchases and Payables + Budgeting
+ Human Resource Management + Sales & Recievables + Fixed Assets
- UIA is able to manage their revenue from the different revenue streams e.g Investment license fee, sale of land, sale of investment property.
- The system caters for their different funders and partners besides Government.
- UIA have a running and managed Asset register that enables them track usage and maintenance of their fixed assets.
- They have a streamlined Human Resource Management Information and Payroll System.
- They are able to have consolidate financials.
- Business Central enables them to use the accrual accounting management system.