Tyne Coast College - Provision of a Finance System

Tyne Coast College is seeking to procure an off-the-shelf Finance Management System to provide a modern, efficient and user-friendly solution for the College’s financial management and reporting requirements. The solution will provide core finance functionality together with an accessible budget-holder interface, supporting effective financial management across the organisation. It will include workflow and approval functionality for financial processes, including purchasing and associated authorisation processes, together with comprehensive financial and management reporting capabilities. The requirement will include the provision, configuration and implementation of the system, including appropriate data migration, system configuration, testing, training, integration and mobilisation services required to support successful implementation and transition to the new solution. The solution must be fully implemented and operational by 31 July 2027. The College is seeking an established, off-the-shelf solution that can support robust financial controls, streamlined purchasing and approval workflows, effective budget-holder engagement and timely access to financial and management information. It is envisaged that the contract will run for 5 years, with two optional extensions of up to 2 years each (5+2+2).