Allocate sees slowing contract numbers in third quarter

21st Mar 2011 12:54

Allocate Software, the workforce optimisation software developer, saw a slowing number of NHS deals in the third quarter, according to chief executive officer Ian Bowles."Our business in the UK continues well in terms of demand for Healthroster and our other products. However, despite these activity levels we have observed a slowing of final contract signatures in the approval cycle that has impacted the number of deals recorded this quarter in the UK NHS," said Bowles.Healthroster, the group's e-Rostering application, won two new contracts in the three months ended February 28, taking the product's customer base to 133 trusts in the NHS. Additionally, six NHS trusts and one private healthcare institution extended their Healthroster licenses in the quarter."We have a robust pipeline of transactions in hand; and as usual our ability to meet the full year expectations will be influenced by the speed of closure of the multiple transactions in the pipeline. Our expectations for the full year, however, remain unchanged."