---
title: "TEN-2324-003 - Finance System"
ocid: "ocds-h6vhtk-03d0ac"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-03d0ac"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-03d0ac.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-03d0ac.json"
source: "Find A Tender Service"
current_stage: "Tender"
buyer: "NATIONAL EMPLOYMENT SAVINGS TRUST (NEST)"
published: "2023-05-31"
---

# TEN-2324-003 - Finance System

Buyer: NATIONAL EMPLOYMENT SAVINGS TRUST (NEST)  
Current stage: Tender  
OCID: ocds-h6vhtk-03d0ac

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## Summary

The National Employment Savings Trust (NEST) is seeking to procure a finance system to support its data-led operations. The tender, identified as TEN-2324-003, falls under the services category with a value of £900,000 GBP. The finance system is intended to integrate with reporting tools like Power BI and Tableau, with a focus on automating finance reporting processes. The tender is at the planning stage, with a deadline for submissions by June 30, 2023.

This procurement process initiated by NEST presents a valuable opportunity for businesses in the finance technology sector to compete. Companies offering finance systems with advanced data integration capabilities and self-service features are well-suited for this tender. The contract duration is set for 1800 days with potential extensions, creating a long-term partnership opportunity for successful bidders. Interested businesses can access further details and submit proposals electronically or in writing through the provided submission method link.

## Notice

As Nest grows and matures as a financial services organisation, we have an increasing focus on data, and an ambition to become a data-led organization. To support this, we need a finance system that will easily integrate with Power BI, Tableau or other reporting tools to automate much of our finance reporting. This will facilitate a "single source" of the truth, remove the need for a linked spreadsheets system of financial reporting, and also offer self-service options for the business with regards to their budgeting and financial reporting requirements. We intend to procure a finance system which has a high degree of controllable functionality for its users and which eliminates the need for any such manual processes. We require that this system has built-in preventative controls, which will facilitate enhanced accuracy of the finance data reported and reduce the manual effort currently required in preparing, checking and reviewing data and finance reports.

### Lot Information

Lot 1

As Nest grows and matures as a financial services organisation, we have an increasing focus on data, and an ambition to become a data-led organization. To support this, we need a finance system that will easily integrate with Power BI, Tableau or other reporting tools to automate much of our finance reporting. This will facilitate a "single source" of the truth, remove the need for a linked spreadsheets system of financial reporting, and also offer self-service options for the business with regards to their budgeting and financial reporting requirements. We intend to procure a finance system which has a high degree of controllable functionality for its users and which eliminates the need for any such manual processes. We require that this system has built-in preventative controls, which will facilitate enhanced accuracy of the finance data reported and reduce the manual effort currently required in preparing, checking and reviewing data and finance reports.

Renewal: 2 further 1-year extensions

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/015422-2023 |
| 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 | 31 May 2023 |
| Submission deadline | 30 Jun 2023 |
| Future notice date | Not specified |
| Award date | Not specified |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £900,000 |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | Not specified |

## Status

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

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | NATIONAL EMPLOYMENT SAVINGS TRUST (NEST) |
| Locality | LONDON |
| Post town | East London |
| Postcode | E14 4PU |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI4 Inner London - East |
| ITL 3 | TLI42 Tower Hamlets |
| Local authority | Tower Hamlets |
| Electoral ward | Canary Wharf |
| Westminster constituency | Poplar and Limehouse |
| Delivery location | Not specified |

## CPV Codes

### Divisions

- 72 - IT services: consulting, software development, Internet and support

### Codes

- 72250000 - System and support services

## Release History

- 31 May 2023 at 14:06 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/015422-2023

## Notice URLs

- https://nesttenders.bravosolution.co.uk/

## 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-h6vhtk-03d0ac. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-03d0ac.json.