---
title: "Invitation to Tender for SaaS Finance, Budgeting and Reporting Systems"
ocid: "ocds-h6vhtk-042527"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-042527"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-042527.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-042527.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "WORKERS EDUCATION ASSOCIATION"
published: "2024-05-02"
---

# Invitation to Tender for SaaS Finance, Budgeting and Reporting Systems

Buyer: WORKERS EDUCATION ASSOCIATION  
Current stage: Award  
OCID: ocds-h6vhtk-042527

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-042527)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-042527.json)

## Summary

The Workers Education Association (WEA) has issued an Invitation to Tender for SaaS Finance, Budgeting and Reporting Systems as part of their Digital Transformation Strategy. The procurement involves the replacement of back-office software to enhance internal efficiency. The estimated implementation period is between 1st March 2024 and 31st July 2024, with an anticipated 6-year contract duration.

This tender by WEA presents lucrative opportunities for businesses offering IT services and software development, particularly those specialising in financial analysis and accounting software. Vendors with experience in SaaS technology and consultancy services are well-suited for this procurement opportunity. The process is currently in the planning stage with the tender being open for participation.

## Notice

The WEA are currently implementing a Digital Transformation Strategy which impacts all areas of the business. Replacement of back-office software is an integral part of the digital transformation road map. Current internal systems require updating to meet business demands and to improve internal efficiency within the services provided. WEA are therefore seeking to procure a new SaaS Finance, Budgeting and Planning systems which will be interoperable with other systems. The current back office internal systems are server-based systems with the IT strategy planning migrate to SaaS technology for future system implementations. We expect that the implementation will take place between 1st March 2024 to 31st July 2024. The estimated value includes both the initial capital elements as well as ongoing support for the contract duration.

### Lot Information

Lot 1

The WEA are currently implementing a Digital Transformation Strategy which impacts all areas of the business. Replacement of back-office software is an integral part of the digital transformation road map. Current internal systems require updating to meet business demands and to improve internal efficiency within the services provided. WEA are therefore seeking to procure a new SaaS Finance, Budgeting and Planning systems which will be interoperable with other systems. The current back office internal systems are server-based systems with the IT strategy planning migrate to SaaS technology for future system implementations. We expect that the implementation will take place between 1st March 2024 to 31st July 2024. The estimated value includes both the initial capital elements as well as ongoing support for the contract duration. The total potential planned contact length for this system selection is a 6 year contract to be formed of an initial 3 year contract to be followed by three further 1 year break clauses.

Renewal: Initial contract period will be for 3 years with the option to extend up to three times with 12 month extensions. Therefore 3+1+1+1.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/014204-2024 |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 2 May 2024 |
| Submission deadline | 18 Jan 2024 |
| Future notice date | Not specified |
| Award date | 30 Apr 2024 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £513,500 |
| Lots value | £513,500 |
| Awards value | Not specified |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Cancelled |
| Awards status | Active |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | WORKERS EDUCATION ASSOCIATION |
| Locality | LONDON |
| Post town | Central London |
| Postcode | EC2A 4XW |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI4 Inner London - East |
| ITL 3 | TLI41 Hackney and Newham |
| Local authority | Hackney |
| Electoral ward | Hoxton East & Shoreditch |
| Westminster constituency | Hackney South and Shoreditch |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | SAGE (UK |

## CPV Codes

### Divisions

- 48 - Software package and information systems
- 72 - IT services: consulting, software development, Internet and support

### Codes

- 48440000 - Financial analysis and accounting software package
- 72000000 - IT services: consulting, software development, Internet and support

## Release History

- 2 May 2024 at 12:31 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/014204-2024
- 13 Dec 2023 at 10:37 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/036609-2023

## Notice URLs

- https://in-tendhost.co.uk/educationportal/
- https://www.wea.org.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-042527. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-042527.json.