Financial Management System – Market Testing 

Financial Management System – Market Testing

Royal Museums Greenwich is requesting information from suppliers of Financial management systems.

Contract summary

Industry

  • Financial systems software package – 48442000

Location of contract

London

Value of contract

£50k – £100k

Published date

10 March 2020

Closing date

31 March 2020

Contract start date

01 April 2020

Contract end date

29 May 2020

Contract is suitable for SMEs?

No

Contract is suitable for VCSEs?

No

 

Description

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

 

About the buyer

Contact name

Diane Armstrong

Address

Park Row
Greenwich
London
SE10 9NF
UK

Telephone

02083126676

Email

darmstrong@rmg.co.uk

 

Other information

Attachments

Please follow this link to view the notice.

https://www.delta-esourcing.com/tenders/UK-GB-London:-Market-Testing—Financial-Management-System/47T3B7BX4E

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

 

How to apply

Please apply directly to the buyer using the contact details provided, or follow the instructions given in the notice description or information section.