---
title: "Month End Close & Accounting Software"
ocid: "ocds-h6vhtk-05575d"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-05575d"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-05575d.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-05575d.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "SCIENCE MUSEUM GROUP"
published: "2025-10-30"
---

# Month End Close & Accounting Software

Buyer: SCIENCE MUSEUM GROUP  
Current stage: Award  
OCID: ocds-h6vhtk-05575d

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-05575d)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-05575d.json)

## Summary

The Science Museum Group, a central government public authority based in London, has concluded a procurement process titled "Month End Close & Accounting Software" under an open procedure. The contract has been awarded to FloQast for software that automates reconciliation processes and integrates with existing ERP and financial systems. The procurement, which falls under the industry category of Software Packages and Information Systems, was completed with the award finalised on the 30th of October, 2025. The contract period is from the 28th of October, 2025 to the 27th of October, 2028, with an option to extend for up to two additional years. Initial submission for the tender closed on the 28th of July, 2025. The total contract value amounts to £105,877.20, with a net value of £88,231.

This tender presents significant opportunities for businesses specialising in financial systems software, particularly those with capabilities in automation and integration with broader enterprise systems. Large-scale companies, especially those adept in providing robust audit trails and real-time updates, are particularly well-suited to such opportunities. Companies with the ability to seamlessly integrate advanced software into existing operational frameworks can leverage this project to bolster their portfolio and expand their footprint within public sector contracts. This procurement not only fosters growth for the awarded supplier but also sets a precedent for other businesses aiming to collaborate with public authorities like the Science Museum Group.

## Notice

SMG is looking for a software from a functional capability that can automate the reconciliation process, reducing manual intervention and errors. Software that provides a detailed audit trail that tracks all changes, reviews, and approvals made during the reconciliation process. In addition, the software needs to be able to integrate seamlessly with existing ERP systems and other financial systems to ensure data consistency and accuracy. Furthermore, the software should provide real-time updates and notifications for any changes or discrepancies identified during the reconciliation process. Robust controls would be required to ensure that only authorized personnel can review and approve reconciliations and assist in standardising reconciliations.

### Lot Information

Lot LOT-0001

Renewal: Contract of 3 + 1 + 1

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/069644-2025 |
| Notice type | UK7 - Contract Details Notice |
| Procurement type | Standard |
| Procurement category | Goods |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 30 Oct 2025 |
| Submission deadline | 28 Jul 2025 |
| Future notice date | Not specified |
| Award date | 30 Sep 2025 |
| Contract period | 28 Oct 2025 - 27 Oct 2028 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £200,000 |
| Lots value | £200,000 |
| Awards value | £92,812 |
| Contracts value | £88,231 |

## Status

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

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | SCIENCE MUSEUM GROUP |
| Locality | LONDON |
| Post town | South West London |
| Postcode | SW7 2DD |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI3 Inner London - West |
| ITL 3 | TLI33 Kensington & Chelsea and Hammersmith & Fulham |
| Local authority | Kensington and Chelsea |
| Electoral ward | Brompton & Hans Town |
| Westminster constituency | Kensington and Bayswater |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | FLOQAST |

## CPV Codes

### Divisions

- 48 - Software package and information systems

### Codes

- 48000000 - Software package and information systems
- 48440000 - Financial analysis and accounting software package
- 48441000 - Financial analysis software package
- 48442000 - Financial systems software package
- 48443000 - Accounting software package

## Release History

- 30 Oct 2025 at 10:42 - Award - UK7 - Contract Details Notice - https://www.find-tender.service.gov.uk/Notice/069644-2025
- 16 Oct 2025 at 10:46 - Award - UK6 - Contract Award Notice - https://www.find-tender.service.gov.uk/Notice/065861-2025
- 2 Jul 2025 at 10:08 - Tender - UK4 - Tender Notice - https://www.find-tender.service.gov.uk/Notice/036697-2025

## Documents

- https://www.find-tender.service.gov.uk/Notice/069644-2025
  30th October 2025 - Contract details notice on Find a Tender
- https://www.find-tender.service.gov.uk/Notice/065861-2025
  16th October 2025 - Contract award notice on Find a Tender
- https://www.find-tender.service.gov.uk/Notice/036697-2025
  2nd July 2025 - Tender notice on Find a Tender

## Notice URLs

- https://in-tendhost.co.uk/sciencemuseumgroup/aspx/Home
- https://www.legislation.gov.uk/ukpga/2023/54/contents

## 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-05575d. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-05575d.json.
