Award

Financial Planning & Analysis System

GENERAL PHARMACEUTICAL COUNCIL

This public procurement record has 1 release in its history.

Award

16 Jul 2024 at 10:31

Award Notice
Summary of the contracting process

The General Pharmaceutical Council has awarded a contract for a Financial Planning & Analysis System. The procurement process was a single tender action below threshold method. The contract value is £152,306 GBP, with a tender period ending on April 30, 2024, and a contract period starting on June 27, 2024, and ending on June 26, 2027. The buying organisation is based in Canary Wharf, England, and the procurement falls under the services category.

This tender opportunity by the General Pharmaceutical Council for a Financial Planning & Analysis System is suitable for SMEs. Businesses in the financial analysis and accounting software package industry are well-suited to compete. The contract provides an opportunity for business growth through providing improved budgeting and forecasting capabilities, management reporting enhancements, workforce planning support, visual analytics improvements, and reduced system support costs.

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Notice Information

Notice Title

Financial Planning & Analysis System

Notice 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.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-230b2952-1e1a-440f-8ba4-9e0d08808966
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/5d24ce89-2f91-47cc-b109-13cc9eefad2a
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Single tender action (below threshold)
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

CPV Codes

48440000 - Financial analysis and accounting software package

Notice Value(s)

Tender Value
£152,306 £100K-£500K
Lots Value
Not specified
Awards Value
£152,306 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
16 Jul 20241 years ago
Submission Deadline
30 Apr 2024Expired
Future Notice Date
Not specified
Award Date
22 Jun 20241 years ago
Contract Period
26 Jun 2024 - 26 Jun 2027 2-3 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
GENERAL PHARMACEUTICAL COUNCIL
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
CANARY WHARF
Postcode
E14 4QJ
Post Town
East London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI42 Tower Hamlets
Delivery Location
Not specified
Local Authority
Tower Hamlets
Electoral Ward
Canary Wharf
Westminster Constituency
Poplar and Limehouse

Supplier Information

Number of Suppliers
1
Supplier Name

PROPHIX

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts. 

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