Download the full C&K Annual Report 2011
Download the full C&K Annual Report 2011
Download the full C&K Annual Report 2011
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Corporate Services<br />
The Corporate Services team experienced significant change in <strong>2011</strong>, as <strong>the</strong> focus was on improving<br />
<strong>the</strong> governance, financial and procurement processes and planning for future IT infrastructure needs<br />
of a growing organisation.<br />
The reviews resulted in improvements in <strong>the</strong>se areas and an alignment to <strong>the</strong> overall objective of corporate services, including<br />
<strong>the</strong> delivery of timely, accurate reports, strong and robust internal controls, and <strong>the</strong> provision of leading edge technological<br />
solutions to C&K.<br />
Information Technology<br />
In <strong>2011</strong> <strong>the</strong> IT team commenced major projects to implement<br />
changes to <strong>the</strong> infrastructure and business solutions to<br />
provide greater efficiencies, in time and cost for C&K. In<br />
July <strong>2011</strong>, <strong>the</strong> board approved C&K to enter into partnering<br />
arrangements for <strong>the</strong> outsourcing of all IT data storage to an<br />
offsite private cloud solution.<br />
The solution ensures that C&K has an IT platform that meets<br />
<strong>the</strong> needs of a growing organisation. The implementation<br />
commenced in October and is expected to be completed by<br />
middle 2012.<br />
A document management solution implemented across all<br />
C&K branch services is expected to reduce printing costs<br />
by 40% as well as provide future solutions that will improve<br />
business processes.<br />
Finance<br />
The Financial Controller concentrated on financial<br />
governance, audit compliance, financial accuracy and timely<br />
completion of month and year end reporting requirements.<br />
Developing robust systems to ensure future audit reports<br />
were positive was a consistent focus for <strong>the</strong> finance team.<br />
Accounts payable and receivable teams focused on <strong>the</strong><br />
collection of <strong>the</strong> debt with a new policy approved by <strong>the</strong><br />
board enabling C&K to implement an automatic payment<br />
system for parents to pay <strong>the</strong>ir debt. A greater focus on<br />
enforcing <strong>the</strong> collection policy was also implemented.<br />
As a result of <strong>the</strong> focus on financial governance, audit<br />
compliance and reporting deadlines, <strong>the</strong> financial operations<br />
team achieved all of its objectives and obtained a clean audit<br />
report stating that <strong>the</strong>re were no audit issues in <strong>the</strong> <strong>2011</strong> year.<br />
All issues highlighted in previous years had been rectified.<br />
This is a very good result for an organisation that has grown<br />
in number of services and staff in a short period of time.<br />
Ken Fuller<br />
B.Bus (Accting, Mngt), MBA, CPA AFAIM<br />
Chief Finance and Information Officer<br />
C&K <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> | 33