Published date: 16 July 2024

Awarded contract - This means that the contract has been awarded to a supplier.


Closing: 30 April 2024, 12pm

Contract summary

Industry

  • Financial analysis and accounting software package - 48440000

Location of contract

E14 4QJ

Value of contract

£152,306

Procurement reference

GPhC101

Published date

16 July 2024

Closing date

30 April 2024

Closing time

12pm

Contract start date

27 June 2024

Contract end date

26 June 2027

Contract type

Service contract

Procedure type

Single tender action (below threshold)

A direct contract with a single supplier, without competition.

This procedure can be used for procurements below the relevant contract value threshold.

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No

Description

• To replace our current budgeting and forecasting system which has limited functionality and reduced support with a cloud based, fully featured FP&A (Financial Planning & Analysis) system by Q4-2024.

More specifically:


Budgeting and Forecasting
• Improve budgeting and forecasting capabilities for the finance team and budget holders across the business.
• Reduce the current manual workarounds used by the finance team to negate the limited functionality of the existing system.
Management and ad-hoc Reporting
• Increase reporting capabilities of the Management Accounting team to support the business planning cycle and improve ad-hoc reporting for budget holders.
Workforce Planning
• To support workforce planning and scenario analysis within one system for the business.
Visual Analytics
• Improve graphical financial data visuals with dashboards, graphs, and charts to increase understanding of financial performance for non-finance users.
System Support
• Reduce current support costs for hosting an on-premises budgeting system.

Award information

Awarded date

23 June 2024

Contract start date

27 June 2024

Contract end date

26 June 2027

Total value of contract

£152,306

This contract was awarded to 1 supplier.

Prophix UK Limited

Address

8 Hermitage Street, London W2 1BE

Reference

No reference - other

Value of contract

£152,306

Supplier is SME?

No

Supplier is VCSE?

No

About the buyer

Contact name

Rene Kiliaan

Address

Level 14
One Cabot Square
Canary Wharf
E144QJ
England

Telephone

02037138299 ext 8299

Email

rene.kiliaan@pharmacyregulation.org

Website

www.pharmacyregulation.org