Finance Management System for Tyne Coast College

Tyne Coast College is seeking to procure an off-the-shelf Finance Management System to modernise its financial operations. The system must provide core finance functionality including budget management, workflow automation, approval processes, and comprehensive financial and management reporting. Key features should include an accessible budget-holder interface to support effective financial management across the organisation, streamlined purchasing workflows with authorisation controls, and robust financial controls. The supplier will be responsible for system provision, configuration, implementation, data migration, testing, training, integration, and mobilisation services to ensure successful implementation. The solution must be fully operational by 31 July 2027. The College is seeking an established, proven off-the-shelf solution that enables timely access to financial information and effective budget-holder engagement. The contract will run for an initial 5 years with optional extensions of up to 2 years each (5+2+2).