---
title: "GB-London: Market Testing - Financial Management System"
ocid: "ocds-b5fd17-f4947468-ef4e-426e-a3c0-62c9ede03dc9"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-f4947468-ef4e-426e-a3c0-62c9ede03dc9"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-f4947468-ef4e-426e-a3c0-62c9ede03dc9.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-f4947468-ef4e-426e-a3c0-62c9ede03dc9.json"
source: "Contracts Finder"
current_stage: "Tender"
buyer: "NATIONAL MARITIME MUSEUM"
published: "2020-03-10"
---

# GB-London: Market Testing - Financial Management System

Buyer: NATIONAL MARITIME MUSEUM  
Current stage: Tender  
OCID: ocds-b5fd17-f4947468-ef4e-426e-a3c0-62c9ede03dc9

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## Summary

The National Maritime Museum, located in London, is currently in the tender stage for a project titled "Market Testing - Financial Management System." This procurement process, initiated on 10th March 2020, seeks to explore modern, integrated financial management systems with an estimated value between £50,000 and £100,000. The deadline for supplier presentations is set for 31st March 2020, and selected companies may be invited for demonstrations of their software functionalities in April or May 2020.

This tender presents an excellent opportunity for IT and software companies specialising in financial management systems to engage with a prominent cultural institution. Businesses that can provide cloud-based, user-friendly solutions with robust reporting capabilities, disaster recovery options, and excellent support services will be particularly well-suited to compete. Companies with experience in delivering integrated financial systems that comply with regulatory requirements, like Making Tax Digital, may find this tender aligns well with their offerings.

## Notice

Royal Museums Greenwich ('RMG') is requesting information from suppliers of Financial management systems in order to inform a specification for a formal tender competition. We wish to understand the breadth of functionality on offer from a modern, up to date, integrated financial management system that harnesses the latest technology. This exercise will help us identify potential bidder interest from the market, software licensing costs and support/maintenance costs. Companies may be invited to a presentation to demonstrate their financial management software functionality. We anticipate this taking place in April/May 2020 Please note the period of work noted within this notice refers only to the any presentations you may be invited to present. PLEASE BE ADVISED THAT THE 'ESTIMATED VALUE OF REQUIREMENT' IS NOT A TRUE REPRESENTATION OF EXPECTED SPEND Additional information: RMG consists of a charity and a wholly owned trading company, operating off a single database with different bank accounts. A Financial Management system is expected to deliver the following: *Be up to date, modern, user friendly and robust; *Provides improvements in the way we process financial data whilst remaining best practice; *Supports Making Tax Digital; *Has flexible and extensive BI and reporting functionality; and *Efficiencies in business reporting and processes; *Provides the core modules of: *Accounts payable/purchase to pay workflows; *Accounts receivable/debtors; *Supplier management; *General Ledger - multi-company; *VAT Reporting; *Budget and forecast preparation; *Expenses and credit card; and *Asset management; *The systems should be flexible and scalable and easy to integrate to our business other platforms; *Be Cloud based with full disaster recovery; *Have regular and frequent updates; and *Fully supported during UK business hours as a minimum requirement with a UK based helpdesk delivering a proactive service

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/6857fc9c-116d-4303-acab-058d6104021d |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | Not specified |
| Awardee scale | Not specified |
| All stages | Tender |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 10 Mar 2020 |
| Submission deadline | 31 Mar 2020 |
| Future notice date | Not specified |
| Award date | Not specified |
| Contract period | 31 Mar 2020 - 29 May 2020 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £100,000 |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | Not specified |

## Status

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

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | NATIONAL MARITIME MUSEUM |
| Locality | LONDON |
| Post town | South East London |
| Postcode | SE10 9NF |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI5 Outer London - East and North East |
| ITL 3 | TLI51 Bexley and Greenwich |
| Local authority | Greenwich |
| Electoral ward | Greenwich Park |
| Westminster constituency | Greenwich and Woolwich |
| Delivery location | TLI London |

## CPV Codes

### Divisions

- 48 - Software package and information systems

### Codes

- 48442000 - Financial systems software package

## Release History

- 10 Mar 2020 at 13:10 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/6857fc9c-116d-4303-acab-058d6104021d

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/6857fc9c-116d-4303-acab-058d6104021d
  10th March 2020 - Opportunity notice on Contracts Finder
- https://www.delta-esourcing.com/tenders/UK-GB-London:-Market-Testing---Financial-Management-System/47T3B7BX4E
  Please follow this link to view the notice.

## Provenance

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