Closed
GIB Request For Proposal Managed Service Financial and Accountancy Services
Descriptions
UK Green Investment Bank plc (“GIB”) is looking to appoint a suitably qualified provider to deliver a managed service solution to provide core financial accounting and reporting capabilities. The required solution is to be implemented in time to support year-end 2016 (31/3/16) processes and controls. Given these timescales, the business requirements have been prioritised into ‘Must have’, ‘Should have’ and ‘Could have’. Solutions must support the timely implementation of ‘Must have’ requirements whilst also allowing for future delivery of additional lower priority requirements. 2Background GIB is a fast growing and dynamic business. The Finance function has identified a need to transform its capabilities in order to meet the current needs of the business and to be positioned well for the strategic direction of the business. As a UK Government owned entity, GIB has several unique features that impact the Finance function and define elements of its processes and controls environment. These requirements are set to change as GIB enters a sale process over the next 12 months. This strategic environment, combined with tools and processes that limit the ability to scale, has led to a number of challenges for the function. To address these challenges, a transformation project has been initiated in order to define and implement the changes required to meet the near-term and strategic requirements for Finance. These requirements are aligned to support the following key business objectives: 1.Provide a suitable ledger solution - GIB need to migrate from a government-provided GL and manual excel-based sub ledgers to an alternative general ledger solution with integrated controls 2.Increased controls/Governance - Reduce dependency on excel spreadsheets and manual controls, increased use of systematic controls 3.Better utilisation of skilled finance staff – Free finance team from administrative and highly manual activity 4.Improved year end with robust processes and controls
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CPV Codes
48812000 - Financial information systems
48440000 - Financial analysis and accounting software package
48490000 - Procurement software package
48410000 - Investment management and tax preparation software package
66000000 - Financial and insurance services
Keywords
portfolio tracking software
asset allocation tool
tax form generator
capital gains calculator
compliance reporting engine
risk assessment module
mutual fund analyzer
tax-planning interface
investment performance dashboard
regulatory filing tool
financial modeling suite
balance sheet analyzer
cashflow projection tool
ratio analysis engine
ledger reconciliation software
expense tracking dashboard
audit trail recorder
budgeting integration
variance analysis module
GAAP compliance tool
e-procurement platform
tender management system
supplier evaluation tool
contract lifecycle manager
purchase order automation
vendor bid portal
sourcing analytics suite
RFQ workflow system
procurement compliance tool
spend analysis engine
banking system platform
treasury management system
stock trading interface
payment gateway engine
financial transaction tracker
accounting integration module
compliance reporting system
risk analytics engine
ERP finance connector
financial data warehouse
banking services
investment support
insurance coverage
loan processing
credit services
pension management
asset protection
financial consulting
risk management
economic advisory
Tender Lot Details
2 Tender Lots
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Possible Competitors
1 Possible Competitors
