Under the partnership the two organisations are aiming to offer transactional finance services to local government organisations.
Local authorities will now be able to use Advanced’s financial management system e5 combined with Mouchel’s support services.
This is intended to reduce administration costs for local councils by up to 35% per annum and drive wider compliance and deliver more positive outcomes for citizens.
“Transferring finance transaction processing to a trusted supplier can provide peace of mind to local authorities which remain under extreme pressure to deliver major ongoing efficiencies,” claimed Advanced managing director of public sector and enterprise Dean Dickinson.
“By launching this partnership with Mouchel, organisations can now benefit from a single, best practice procurement offering and significantly reduced administrative costs,” he added.
This new partnership will allow local government bodies to transfer the risk of management of their transactional finance processes within their accounts payable and accounts receivable functions.
The end-to-end suite of services includes the administration and payment of supplier invoices, general ledger management and monthly financial reporting through to credit control processes.
Advanced and Mouchel will also work together to help local authorities identify and deliver procurement efficiencies across their entire annual budgets, driving the best value from suppliers through cost reductions and early payment discounts.
“Advanced has a long and proven track record of helping local government organisations to improve efficiencies and protect vital frontline services,” claimed Mouchel managing director Craig Apsey.
“The combination of its leading software and Mouchel’s specialist support services administration will offer enhanced outcomes to our clients and deliver them significant cost savings,” he added.