Financial Management System

Tender description

The objectives of this tender are to identify a Supplier who can provide a reliable and robust solution to manage and control our finances, balances and data, based on efficient and automated electronic processes and links rather than manual systems and working practices. The ideal solution needs to offer the following: o A fully functional core FMS package that can handle a multi-company arrangement and provide a single source of financial information o Cloud based technology, with a focus on continuous improvement o Efficient P2P functionality o Intuitive, flexible, and real time reporting capability to enable us to make sound business decisions with accurate financial data o An accounts production package (either as part of product, or functionality where it will work alongside another accounting software package) that can provide necessary statutory accounts and potentially management accounts efficiently, with minimal manual input required o Capability for seamless interface with the following critical business systems (N.B. this list may be subject to change as our operational environment expands and new systems potentially introduced)