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The UK BIOBANK LTD has issued a Tender notice for the procurement of a Financial Management System in the United Kingdom. This Tender notice was published on 09 Jul 2025 and is scheduled to close on 08 Aug 2025, with an estimated Tender value of Refer Document. Interested bidders can access detailed Tender information, eligibility criteria, and complete bidding documents by referencing TOT Ref No. 122304887, while the tender notice number is UKB0024 and Registering on the platform.
Procurement Summary
Country: United Kingdom
Summary: Financial Management System
Deadline: 08 Aug 2025
Posting Date: 09 Jul 2025
Other Information
Notice Type: Tender
TOT Ref.No.: 122304887
Document Ref. No.: UKB0024
Financier: Self Financed
Purchaser Ownership: Public
Tender Value: Refer Document
Purchaser's Detail
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Login to see detailsTender Details
UK Biobank (UKB) is seeking suppliers with the capacity and expertise to deliver a new Financial Management System (FMS) that will replace the current platform and provide the necessary modules to support UKB's business model. UKB requires that the new FMS will support all key financial management activities, including Purchase to Pay, Accounts Receivable, Banking, Project Accounting, Timesheet Automation, Budgeting and Forecasting, Fund Accounting and Grant Management, Financial Accounting, Reporting and Analysis, Fixed Assets, Expenses, Stock and Financial Planning. The replacement of this existing back-office software is a critical component of UKB's broader transformation strategy. The current finance system, Sage 200 Professional, has been in place for over a decade and no longer meets the demands of UKB's growing scale and complexity. UKB requires a modern, efficient, and scalable FMS which will support UKB's future ambitions. Details in relation to the requirements for the FMS are set out in UKB's specification provided as part of the Associated Tender Documents. A demonstration and a sandbox area for UKB staff to test the product will be requested from all shortlisted bidders. This will not be scored separately but will be used to verify the written submission. If any clarification questions are needed after the demonstration or sandbox access, UKB will raise these with bidders in writing. UKB will provide a remote briefing session on 21 July 2025 in relation to this ...
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