TechnologyOne has been recognized as a WBA Winner for Community Contribution in the World Business Awards 2022. The World Business Award for Community Contribution [CCA] recognizes organizations that implement initiatives that have a positive impact on the community and generate outcomes that have a long term benefit.
Based in Brisbane, TechnologyOne has grown to be Australia’s largest enterprise software company and one of Australia’s top 150 ASX-listed companies.
For more than 34 years, the company has demonstrated what can be achieved with passion, hard work and determination, and has played a pivotal role in developing the local software industry. TechnologyOne has supported its customers in Australia and around the globe with innovative enterprise software that uses new technologies to help customers improve and transform their businesses.
TechnologyOne’s deeply integrated Software as a Service enterprise resource planning solution is used by 1,200 leading corporations, government agencies, local councils and universities, and is available on any device, anywhere and at any time.
In 2016, TechnologyOne established the TechnologyOne Foundation.
The Foundation is a multimillion-dollar commitment to support a range of Australian and international charities and community organisations dedicated to helping disadvantaged children and young people create their own pathways to success. This long-term initiative reflects the values, culture and aspirations TechnologyOne looks for in its employees.
The Foundation is part of the Pledge 1% corporate philanthropy movement, which challenges individuals and companies to commit 1 per cent of their profit, product and time to their communities. As part of this initiative, TechnologyOne gives its team members 2.5 days leave per year (the equivalent of 1 per cent of their time) to spend volunteering. TechnologyOne also donates 1% of its new annual recurring revenue to provide discounted software and services to not for profit organisations so that they can use our software to improve their operations. It also donates one per cent of the company’s annual net profit after tax.
In FY21, the Foundation donated $640,000 in direct financial contributions to its charity partners. The Foundation also provided more than $200,000 worth of TechnologyOne software products for free to not-for-profit organisations. Meanwhile, the company’s employees volunteered nearly 500 days’ worth of time to the Foundation’s partners and other community organisations.
The high level of engagement from the company’s leadership and employees was key to the Foundation’s success. This was complemented by the financial support from TechnologyOne for the Foundation and its initiatives, particularly through the Pledge 1% promise, which clearly outlines charitable targets and a budget for funding.
TechnologyOne’s Foundation Champions group – which includes representatives from all business units and regions – ensures the Foundation delivers on its strategy. Enabling employees to volunteer for a worthy cause in the communities and offering a dollar-matching program for all donations and fundraising, has also contributed to the Foundation’s overall success.
For more information about TechnologyOne Foundation, visit
technologyonecorp.com/company/foundation