The Costing, Pricing and Approval (CPA) tool for external funding was launched on 8th April 2015 and supports the implementation of a newly approved policy and procedure.
The project delivered:
Stable, robust reliable solution
Capturing accurate costing and pricing data and managing the transaction process in accordance with ANU policies, procedures, guidelines and framework
Enabling accurate cost recovery for funded research.
Establishing a systematic workflow that delivers extended business process management while eliminating security risks and enforcing compliance needs.
Delivering improved services
The project provided an online solution that standardised the method to costing projects across the University. The tool's automated and streamlined approval process facilitates timely decision making by delegates and:
calculates research project price to the funds provider inclusive of ANU minimum indirect costs
includes a 'save' function to allow researcher to work at their own pace in developing a budget
recognises that some funders have fixed indirect cost recovery rates.