Awarded
Finance System Cloud Migration
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Descriptions
In October 2023, Unit4 announced the end-of-life for on-premise support with effect from 31 December 2024 for all its customers globally as part of its Software as a Service [SAAS] product strategy. The December 2024 deadline was extended for the University until December 2025 at which point we are required to commit to upgrade and migrate to a fully cloud-based solution by December 2026 or purchase a new ERP/Finance system.
The Unit4 software is core to the financial operations of the University having been originally procured in 1999. It is fully embedded throughout the organisational infrastructure for the management and operation of the University's finances and is currently supported on premise. The announcement to end on-premise support from Unit 4 was completely unforeseeable by the University and as a consequence of this the University does not have enough time to fully procure a brand-new ERP/Finance System and undertake a fully competitive procurement process, test and implement new software from an alternative provider and train the workforce in the timeframes outlined by Unit 4. Changing providers in this timeframe would cause the University immense technical difficulties, introduce new complexities and have additional financial implications.
It is the University's opinion therefore that a direct award to Unit4 is compliant with the Procurement Act 2023 as outlined in section 41 (5) (d). The justifications for this, are twofold
1) technical difficulties as outlined in Schedule 5 section 7b
2) extreme and unavoidable urgency as outlined in Schedule 5 section 13
Timeline
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Tender Regions
CPV Codes
48443000 - Accounting software package
48444000 - Accounting system
48441000 - Financial analysis software package
48442000 - Financial systems software package
Keywords
profitability calculator
scenario planning tool
valuation model software
investment return analyzer
break-even analysis engine
cost-benefit evaluator
financial KPI dashboard
risk sensitivity tool
forecasting simulator
trend analysis program
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 ledger manager
bookkeeping engine
chart of accounts tool
audit trail system
multi-currency ledger
balance checking module
fiscal period management
journal posting interface
accrual accounting software
compliance reporting engine
Tender Lot Details
2 Tender Lots
Workflows
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Possible Competitors
1 Possible Competitors
