Awarded
CODA Dream Finance System Maintenance and Support Services Contract
Descriptions
Advert for CODA Dream Maintenance and Support ContractHigher Education Funding Council for Wales (HEFCW) T02HE/2011/12The Higher Education Funding Council for Wales (HEFCW) is sponsored by the Welsh Government and acts as an intermediary body between the Welsh Government and the higher education sector in Wales. We are responsible for funding higher education (HE) in Wales and we distribute funds for education, research and related activities to higher education institutions (HEIs) in Wales with a current budget of £385m per annum. We provide advice to the Welsh Government on the funding needs, aspirations and concerns of the higher education sector. Further information about HEFCW can be found on our website at www.hefcw.ac.uk. HEFCW implemented CODA Dream in June 2005 and since then it has been developed with Hexagon, its current consultants to meet ongoing business needs. As well as CODA Dream, HEFCW uses DreamView, Task Centre, Crystal Reports and Web Acumen to create an integrated system for its day to day processing and reporting requirements. The finance team processes approximately 2,000 documents for payment per year usually paid by BACS comprising of payments to suppliers and HEIs as well as payroll related payments. HEFCW uses an electronic form for grant payment to HEIs which are profiled over a period of time. These profiles are held within Dream but only transferred to purchase ledger when they become due for payment. HEFCW uses an automated purchase order system allowing ordering and authorising to be completed outside of the finance department through the use of WebAcumen. The authorisation process is integrated with budget and contract values. The reporting systems are used to produce regular monthly and/or quarterly management information and budget information on a cash as well as accruals basis. The system holds multiple annual budgets for financial (April to March) as well as academic (August to July) years.
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Tender Regions
CPV Codes
72253000 - Help-desk and support services
72220000 - Systems and technical consultancy services
48443000 - Accounting software package
72212442 - Financial systems software development services
48442000 - Financial systems software package
Keywords
core banking system
treasury management software
payment processing platform
fund transfer engine
financial transaction hub
loan origination system
interest calculation module
account aggregation tool
anti-fraud analytics
compliance ledger system
accounts payable manager
invoicing system
payroll integration module
tax reporting suite
journal entry software
fixed asset register
audit-ready ledger
VAT return generator
expense management tool
multi-currency accounting suite
financial systems integration
ledger software
treasury management modules
accounting information system development
financial data interchange
real-time transaction systems
audit trail implementation
financial reporting automation
compliance-driven architecture
system architecture analysis
technical advisory
solution feasibility studies
performance optimization
technical risk assessment
systems integration advice
IT infrastructure review
scalability consulting
technical requirement definition
systems audit
user support ticketing
multi-tier helpdesk
remote IT support
technical troubleshooting interface
issue resolution workflow
service request handling
24/7 user assistance
incident logging system
support team coordination
Tender Lot Details
2 Tender Lots
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Possible Competitors
1 Possible Competitors
