TCAS Online wins college deals

Term Time Campus Accommodation System (TCAS) Online has signed three licence agreements with thirdlevel institutions in Ireland in nine months. Valued at €100,000, the deals with Griffith College Dublin, NUI Maynooth and NUI Galway are for the provision of an integrated web-based solution to manage student accommodation.

Launched in 2009, TCAS Online provides student accommodation management systems to the third-level education sector and private operators. It has online applications for allocations and bookings, financial management, online refunds and payments.

‘‘TCAS Online is a full browser-enabled software application. It is designed with the end user in mind and ease of use is of primary importance,” said Barry Murphy, chief executive, TCAS Online.

‘‘It is unique in the way that it can be configured to handle complex financial analysis without the need for the user to have any real accounting knowledge. Income and charge analysis are delivered through the click of a button with no further intervention required by the users or the finance personnel.”

TCAS Online employs 20 staff. It is projecting revenues of €500,000 for the current financial year. As part of Enterprise Ireland’s high potential start-up unit, TCAS Online has secured a feasibility grant of €13,000 to assist in identifying new markets. It hopes to raise BES and seed capital funding of €250,000 in the coming months.

Share:
  • Digg
  • del.icio.us
  • Facebook
  • Google Bookmarks
  • FriendFeed
  • LinkedIn
  • Twitter
  • email
  • Posterous
  • Slashdot

This entry was posted on Monday, May 31st, 2010 at 13:06 and is filed under News. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

 
Get Adobe Flash playerPlugin by wpburn.com wordpress themes