---
title: "Financial Management System"
ocid: "ocds-b5fd17-7f2ae6d0-f8f1-4466-bdc7-94d3c9e3b7ce"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-7f2ae6d0-f8f1-4466-bdc7-94d3c9e3b7ce"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-7f2ae6d0-f8f1-4466-bdc7-94d3c9e3b7ce.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-7f2ae6d0-f8f1-4466-bdc7-94d3c9e3b7ce.json"
source: "Contracts Finder"
current_stage: "Planning"
buyer: "WELLAND PROCUREMENT UNIT"
published: "2017-06-23"
---

# Financial Management System

Buyer: WELLAND PROCUREMENT UNIT  
Current stage: Planning  
OCID: ocds-b5fd17-7f2ae6d0-f8f1-4466-bdc7-94d3c9e3b7ce

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## Summary

The procurement process is being conducted by the Welland Procurement Unit, seeking a "Financial Management System" to replace its current software. This initiative is categorised under financial analysis and accounting software, taking place in Melton Mowbray, East Midlands, England. The tender is currently in the planning stage, with an engagement end date set for 23 February 2018. Suppliers are invited to express their interest by submitting proposals that include system overviews and indicative pricing by 12:00 on 19 July 2017.

This tender presents a valuable opportunity for businesses specialising in financial management software, particularly those offering cloud-based solutions that minimise hardware costs. Companies capable of providing comprehensive implementation and support services would be well-suited to compete, as the Council emphasises the need for efficient support due to limited internal resources. Participation in this procurement could lead to a significant contract, enhancing business growth and expanding service offerings within the public sector.

## Notice

The Council is investigating its options for replacement of its Financial Management Software. Basicrequirements of a basic replacement system are set out below: Procure to Pay: * Requisitioning goods and services * Purchase order processing * Goods receipting * Invoice processing * Payments processing * Supplier standing data Accounts Receivable: * Raising invoice requests * Recurring billing * Cash receipting * Direct debit collection * Credit control General Ledger: * Chart of accounts/hierarchies * Enquiries * Journal entry * Budget Planning * VAT control * Commitment accounting Other: * Reporting tool functionality - over all modules * Approval workflows for processes i.e. journals, procurement, invoices * Integrated Invoice scanning and archiving Estimated cost should also include implementation, data transfer, and annual support and maintenance -separately itemised. Additional information: The Council is seeking expressions of interest from suppliers of Financial Management Software. Expressions of interest should include an overview of the system proposed as well as indicative pricing to include implementation costs (including data transfer), annual licensing and maintenance costs and all other costs associated with managing the software. The Council is looking to identity a system that is fit for purpose and functional for a small district Council which embraces the digital agenda. There are limited internal resources so efficient and effective system administration and support / helpdesk requirements are essential. Melton is seeking a fully cloud based system in order to reduce / minimise hardware cost and licences. Expressions of interest should be returned via the e-mail address listed in this Notice by no later than 12:00 on19th July 2017.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/f3348795-a43b-4d33-a67e-7028d08029b7 |
| Notice type | Market Engagement Notice |
| Procurement type | Standard |
| Procurement category | Not specified |
| Procurement method | Not Specified |
| Procurement method details | Not specified |
| Tender suitability | Not specified |
| Awardee scale | Not specified |
| All stages | Planning |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 23 Jun 2017 |
| Submission deadline | Not specified |
| Future notice date | 23 Feb 2018 |
| Award date | Not specified |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Planning |
| Lots status | Not specified |
| Awards status | Not specified |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | WELLAND PROCUREMENT UNIT |
| Locality | MELTON MOWBRAY |
| Post town | Leicester |
| Postcode | LE13 1GH |
| Country | England |
| ITL 1 | TLF East Midlands (England) |
| ITL 2 | TLF2 Leicestershire, Rutland and Northamptonshire |
| ITL 3 | TLF22 Leicestershire CC and Rutland |
| Local authority | Melton |
| Electoral ward | Melton Warwick |
| Westminster constituency | Melton and Syston |
| Delivery location | TLF East Midlands (England) |

## CPV Codes

### Divisions

- 48 - Software package and information systems

### Codes

- 48440000 - Financial analysis and accounting software package

## Release History

- 23 Jun 2017 at 10:01 - Planning - Market Engagement Notice - https://www.contractsfinder.service.gov.uk/Notice/f3348795-a43b-4d33-a67e-7028d08029b7

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/f3348795-a43b-4d33-a67e-7028d08029b7
  23rd June 2017 - Early engagement notice on Contracts Finder

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-7f2ae6d0-f8f1-4466-bdc7-94d3c9e3b7ce. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-7f2ae6d0-f8f1-4466-bdc7-94d3c9e3b7ce.json.
