Invitation to Tender for SaaS Finance, Budgeting and Reporting Systems

Concepts

• information technology
• future system implementations
• other systems
• current internal systems
• the current back office internal systems
• server-based systems
• budgeting and planning systems
• reporting systems
• this system selection
• system

Location

London

Description

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.

Total Quantity or Scope

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 Options

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.

CPV Codes

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

Indicators

• Bids should cover the whole contract.
• Renewals are available.
• Award on basis of price and quality.