Planning

Core Finance & P2P System

MIDLAND HEART LIMITED

This public procurement record has 1 release in its history.

Planning

24 Apr 2026 at 08:23

Summary of the contracting process

This procurement process is spearheaded by Midland Heart Limited, a public authority in Birmingham, United Kingdom, with the intent to secure a modern, integrated Core Finance & P2P System. The procurement is currently in the planning stage with a Supplier Engagement Day scheduled via Microsoft Teams on 1 June 2026. The tender process is aimed at goods related to software packages and information systems, with a projected value of £500,000 to £600,000 GBP. Businesses interested in participating must note the final due date for expression of interest attendance is 31 May 2026.

The tender offers substantial opportunities for businesses specialising in software development and financial systems integration, particularly those providing scalable, secure, user-friendly solutions that enhance financial management and procurement processes. Small and medium enterprises (SMEs) with capabilities in delivering Core Financial Management and Procure-to-Pay functionalities are well-suited to compete. Those businesses exhibiting innovation in implementation methods, commercial models, and new technological capabilities will find attractive growth opportunities through engagement with Midland Heart Limited and the subsequent tender process.

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Notice Title

Core Finance & P2P System

Notice Description

Midland Heart is seeking to engage with the market to inform the potential procurement of a modern, integrated Core Finance and Procure-to-Pay (P2P) system. The solution will support end-to-end financial management and procurement processes, enabling improved financial control, operational efficiency, and compliance. The system is expected to replace or enhance existing legacy platforms and provide a scalable, secure, and user-friendly environment. At a high level, the required solution should deliver: Core Financial Management, including general ledger, accounts payable, accounts receivable, fixed assets, cash management, and financial reporting Procure-to-Pay functionality, covering supplier onboarding, requisitioning, purchase ordering, goods receipting, invoice processing, and payments Integrated workflows and automation, including approvals, matching (2-way/3-way), and exception handling Robust reporting and analytics, enabling real-time visibility of financial performance, spend, and cash flow Compliance and control features, supporting auditability, segregation of duties, and adherence to relevant financial regulations and standards Interoperability, with the ability to integrate with existing corporate systems (e.g. HR, payroll, banking, and third-party supplier networks) The Authority is particularly interested in understanding: Available solution capabilities and innovation in the market Implementation approaches and indicative timelines Commercial models and cost drivers Opportunities for process standardisation and best practice adoption This pre-market engagement will help shape the Authority's requirements and procurement strategy and does not constitute a formal call for competition.

Planning Information

Midland Heart is seeking to engage with suppliers to better understand our requirements and help shape our specification and decision-making process. To support this, we will be hosting a Supplier Engagement Day via Microsoft Teams on 1 June 2026 @ 1pm. This session will provide an opportunity for suppliers to ask questions and share input. If you would like to attend, please email your expression of interest to Alex.Lawrence@midlandheart.org.uk For those unable to join the live session, a recording will be made available as part of the ITT documentation at the time of tender publication.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-068a49
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/037380-2026
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
UK2 - Preliminary Market Engagement Notice
Procurement Type
Standard
Procurement Category
Goods
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems


CPV Codes

48000000 - Software package and information systems

Notice Value(s)

Tender Value
£500,000 £500K-£1M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
24 Apr 2026Today
Submission Deadline
Not specified
Future Notice Date
1 Jul 20263 months to go
Award Date
Not specified
Contract Period
31 Mar 2027 - 31 Mar 2031 4-5 years
Recurrence
Not specified

Notice Status

Tender Status
Planning
Lots Status
Planning
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
MIDLAND HEART LIMITED
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
BIRMINGHAM
Postcode
B15 1LZ
Post Town
Birmingham
Country
England

Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG3 West Midlands
Small Region (ITL 3)
TLG31 Birmingham
Delivery Location
TLG West Midlands (England)

Local Authority
Birmingham
Electoral Ward
Ladywood
Westminster Constituency
Birmingham Ladywood

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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