Published date: 9 September 2022

Closed opportunity - This means that the contract is currently closed. The buying department may be considering suppliers that have already applied, or no suitable offers were made.


Closing: 28 October 2022, 2pm

Contract summary

Industry

  • Software package and information systems - 48000000

Location of contract

Any region

Value of contract

£1,150,000

Procurement reference

BIP719736381

Published date

9 September 2022

Closing date

28 October 2022

Closing time

2pm

Contract start date

13 February 2023

Contract end date

12 February 2026

Contract type

Supply contract

Procedure type

Open procedure

Any interested supplier may submit a tender in response to an opportunity notice.

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

Yes

Description

FSCS is looking to procure a new Financial Planning, Forecasting and Budgeting solution.

The new solution would support the business to do the following:
•Prepare regular forecasts and annual budgets of all cost and revenue accounts in a simple and easily updatable manner;
•Prepare regular forecasts of non-financial information e.g. headcount and claims volumes;
•Monitor actuals against budget and forecasts enabling management to easily identify, understand and report variances;
•Allocation of costs (actuals and forecast) to several categories e.g. for activity-based costing analysis and to various funding categories for levy calculations; and
•Report to senior management, Board and externally.

The contract with the successful provider will include licences, the design and implementation of the solution together with the annual support and maintenance.

More information

Links

About the buyer

Address

Beaufort House
15 St. Botolph Street
London
EC3A 7QU
UK

Telephone

+442073758194

Email

Procurement@fscs.org.uk