Source: https://tendernation.io/opportunities/01a13c04-f57b-71bc-8f79-765c2ee8dbb4/gib-request-for-proposal-managed-service-financial-and-accountancy-services

closed GB open procedure

# GIB Request For Proposal Managed Service Financial and Accountancy Services

[UK Green Investment Bank plc](https://tendernation.io/buyers/uk-green-investment-bank-plc)

Estimated value

£50,000

Published

13 Oct 2015

Deadline

Closed

23 Oct 2015

## Who can bid

- Small contract value

    Valued under £135,018 including VAT, the lowest Procurement Act threshold for goods and services.
- Open procedure

    Anyone can submit a full tender; there is no shortlisting stage.

## About this tender

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.

2 Background

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:

- 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
- Increased controls/Governance - Reduce dependency on excel spreadsheets and manual controls, increased use of systematic controls
- Better utilisation of skilled finance staff – Free finance team from administrative and highly manual activity
- Improved year end with robust processes and controls

Read full description

## CPV classification

Financial information systems

Source

Contracts Finder (UK)

[View official notice](https://www.contractsfinder.service.gov.uk/notice/e2300d32-adc8-11e6-9901-0019b9f3037b)

Never miss a tender like this again

Get AI summaries, deadline alerts and a bid pipeline for tenders matched to your business. Free to start.

[Track tenders free](https://tendernation.io/register)

[Buyer profile UK Green Investment Bank plc: past awards and live tenders](https://tendernation.io/buyers/uk-green-investment-bank-plc) [Sector More Software packages & information systems tenders](https://tendernation.io/sectors/software-information-systems)

## More tenders like this

[Servers – Dodávka Cisco Catalyst Center · Ústav organické chemie a biochemie AV ČR, v. v. i. · 32 days left · 20 Nov 2026](https://tendernation.io/opportunities/01a156a9-9f50-7023-a3e7-14aa2b5fbe03/czechia-servers-dodavka-cisco-catalyst-center) [IT software package – Dostawa pakietów subskrypcji Microsoft albo pakietów równoważnych · Państwowa Inspekcja Pracy Główny Inspektorat Pracy · 36 days left · 24 Nov 2026](https://tendernation.io/opportunities/01a156a9-98e4-702f-a918-9b94f1198862/poland-it-software-package-dostawa-pakietow-subskrypcji-microsoft-albo-pakie) [Software package and information systems – AutoDesk Lizenzen · Hamburger Energienetze GmbH · 25 days left · 13 Nov 2026](https://tendernation.io/opportunities/01a156a9-63e1-72f3-8854-0907e37f21fa/germany-software-package-and-information-systems-autodesk-lizenzen) [Software package and information systems – System wykrywania anomalii w ruchu SMTP w oparciu o Self-Learning AI · Narodowy Bank Polski · 31 days left · 19 Nov 2026](https://tendernation.io/opportunities/01a156a9-6291-7294-b080-d589aa9cf0c0/poland-software-package-and-information-systems-system-wykrywania-anomalii-w) [Software package and information systems – Smart život a služby v meste Liptovský Mikuláš · Mesto Liptovský Mikuláš · 22 days left · 10 Nov 2026](https://tendernation.io/opportunities/01a156a9-8b56-73a0-8eb6-a47a2de359b0/slovakia-software-package-and-information-systems-smart-zivot-a-sluzby-v-mes) [Servers – Ausschreibung CITRIX Wartungsverlängerung ab 2027 · Hannoversche Informationstechnologien AöR / hannIT · 4 days left · 23 Oct 2026](https://tendernation.io/opportunities/01a156a9-615c-713f-93e6-da09a76b2c98/germany-servers-ausschreibung-citrix-wartungsverlangerung-ab-2027)