Contracts FinderAwarded contract
Published 16 Jul 2024

Contracts Finder notice

Financial Planning & Analysis System

Authority: GENERAL PHARMACEUTICAL COUNCIL

Single tender action (below threshold)
CPV: Financial analysis and accounting software package (48440000)
Published contract value£152,306Exc. VAT
Contract ends 26 Jun 2027
Awarded to Prophix UK Limited
Contract starts 27 Jun 2024

What is being bought

Published requirement description
  • To replace our current budgeting and forecasting system which has limited functionality and reduced support with a cloud based, fully featured FP&A (Financial Planning & Analysis) system by Q4-2024.

More specifically:

Budgeting and Forecasting

  • Improve budgeting and forecasting capabilities for the finance team and budget holders across the business.
  • Reduce the current manual workarounds used by the finance team to negate the limited functionality of the existing system.

Management and ad-hoc Reporting

  • Increase reporting capabilities of the Management Accounting team to support the business planning cycle and improve ad-hoc reporting for budget holders.

Workforce Planning

  • To support workforce planning and scenario analysis within one system for the business.

Visual Analytics

  • Improve graphical financial data visuals with dashboards, graphs, and charts to increase understanding of financial performance for non-finance users.

System Support

  • Reduce current support costs for hosting an on-premises budgeting system.

Published procurement details

Procedure
Single tender action (below threshold)
Buyer reference
GPhC101
Category
Services
Tender status
Complete
Award status
Active
Suitable for SMEs
Yes
Suitable for voluntary, community and social enterprises
No
Tender deadline
Procurement method
Direct
Item 1: Delivery locations as published
E14 4QJ

Key dates

Published dates
  1. Award decision
    23 Jun 2024
  2. Contract starts
    27 Jun 2024
  3. Notice published
    16 Jul 2024
  4. Contract ends
    26 Jun 2027

Contracting authority & participating public bodies

Suppliers named on the notice

  • Prophix UK LimitedSupplier 8 Hermitage Street, London W2 1BE
    Voluntary, community or social enterprise
    No
    Business size
    Large

Official documents & specifications (1)

Official links; attachments are not copied

Notices published for this procedure

Source record

Source
Contracts Finder
Notice language
en
Release reference
ocds-b5fd17-230b2952-1e1a-440f-8ba4-9e0d08808966-2024-07-16T11:31:41+01:00
Published
16 Jul 2024
Latest update
16 Jul 2024
Procedure reference
ocds-b5fd17-230b2952-1e1a-440f-8ba4-9e0d08808966
Contract reference
ocds-b5fd17-230b2952-1e1a-440f-8ba4-9e0d08808966-1