THE FINANCIAL REPORTING COUNCIL LIMITED
Financial Planning & Forecasting System
This is a contract result notice, not an open opportunity. Details from the official award data.
This sits below the typical range for Software & IT Systems contracts — a smaller, more accessible award. Based on 30,286 valued Software & IT Systems tenders in our corpus.
THIS IS A CONTRACT AWARD NOTICE The Financial Reporting Council sets the UK accounting, audit and actuarial standards and administers the Corporate Governance and Stewardship Codes.
As the competent authority for audit in the UK the FRC sets auditing and ethical standards and monitors and enforces audit quality.
The FRC works in the public interest.
Our work is aimed at investors and others who rely on company reports, audit, and high-quality risk management.
This Notice relates to our Financial Planning & Forecasting System.
The FRC requires a Planning and Forecasting solution with reporting, consolidation, and analysis capabilities.
Financial forecasting allows management teams to anticipate results based on previous financial data and expected changes.
It will enable the FRC to optimize the forecasting activity to deliver enhanced benefits to the FRC.
The FRC's aim is to procure a cloud-based SaaS application for comprehensive budgeting, forecasting, analysis, and financial reporting.
The ideal solution must be suitable for public sector entity.
In addition, the financial forecasting system will allow to automate forecasting processes, forecast the impact of multiple scenarios, and quickly identify where, when, and why actuals differ from the plan, so that the FRC's Finance Team can take appropriate action.
Full details are available in the attached Invitation to Tender (ITT) and associated documents.
NOTE : The FRC does not anticipate tender bids over £110,000 excluding VAT over the duration of the Agreement.
Note: The FRC reserves the right to reject tenders that exceed this value.
What the supplier must deliver
It will enable the FRC to optimize
It will enable the FRC to optimize the forecasting activity to deliver enhanced benefits to the FRC.
The ideal solution must be suitable
The ideal solution must be suitable for public sector entity.
Derived from the notice text — always confirm against the original documents.
Make the case to bid
Reveal who to approach at THE FINANCIAL REPORTING COUNCIL LIMITED, and generate a go-to-market strategy from their news, accounts and people.
Ask me about this tender, the buyer, who wins their work, or whether you should bid.
- OCID
- a4af9d28-1ba2-49d5-a6b2-cfc7db51eb12
- Stage
- contract · Contract
- Source
- Contracts Finder
- Buyer ref
- FRC2022-001
Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.
Who wins this kind of work
The suppliers and buyers around this opportunity — drawn from official award data. Drag to orbit; click a node to explore.
Top suppliers & buyers in Software & IT Systems
THE FINANCIAL REPORTING COUNCIL LIMITED’s tender network
Assembling the network…