Cloud solution is aimed at helping councils to adopt cloud services to meet budget demands.
Advanced Business Solutions has launched its SaaS Financials, a cloud-based financial management system.
This system has been developed specifically for district and borough councils to help alleviate the burden of maintaining in-house systems.
SaaS Financials is designed to allow councils to gain fast access to financial technology, which Advanced says could be 25% to 60% cheaper than traditional long term contracts.
With nearly a third of councils yet to use a cloud service, this kind of cloud solution is designed to help increase the uptake.
Dean Dickinson, Managing Director of Advanced Business Solutions (PS & E Division), said: "Many local authorities have exhausted the most obvious ways to make limited resources stretch further. Organisations which tie themselves into expensive, long-term IT contracts risk being unable to preserve vital frontline services due to spiralling costs."
The solution works by automating the management of every day financial processes, it includes workflow-driven electronic invoice and payment handling functionality with purchasing controls.
It is designed to work across all platforms including desktop, tablet and mobile devices.
Dickinson, said: "Advanced SaaS Financials has been developed specifically for local authorities so they can access all the functionality they need, quickly and affordably. Finance teams can take advantage of new technology to provide more proactive, value-added services, generating efficiencies for their organisation."
"Running back-office systems in the cloud also makes it simpler for councils to share facilities, without the political complexities than can arise if one part of an organisation controls the IT and data."
It will be available from G-Cloud 6 and Crown Commerical Service’s RM1042 agreement.