# Financial System

> A sourced UK public sector contract award published by South Ribble Borough Council.

## Key facts

- Buyer: [South Ribble Borough Council](/buyers/south-ribble-borough-council/contract-awards)
- Supplier: [Technology One UK Ltd](/suppliers/technology-one-uk/public-sector-contract-awards)
- Award value: £1,309,240
- Tender value: £1,309,240
- Award date: 2 January 2025
- Published: 26 June 2025
- Contract start: 1 February 2025
- Contract end: 31 January 2035
- Stage: awarded
- Procurement category: services
- Notice ID: 450a656b-7f6c-426d-9764-dab4cb5f90bb-851623
- OCID: ocds-b5fd17-e7ffb32a-cf1b-4e05-b9eb-4d4f514de8c8

## Description

Chorley Council is inviting tenders for a new financial system to encompass itself, South Ribble Council and relevant legal entities\. The system will encompass an integrated debtor, purchase card, general ledger and procurement service to deliver financial information and reporting fit for purpose\. A detailed list of functionality requirements is included within the tender documents, but the emphasis is on improved processes and end user experience as well as an ability to work in system as well as exporting into spreadsheet software\. Within the scope of the project is: • General Ledger • Accounts Payable \(Creditors\) • Intelligent Invoice Scanning \(OCR\) • Accounts Receivable \(Debtors\) • Debt Recovery • Procurement \(Procure to Pay\) • Reporting • Making Tax Digital • Purchase Cards Monitoring System • GDPR / Archiving • Integration with all feeder systems \(e\.g\. customer payments and payroll\) • Finance Server Transfer to Cloud \(Procedure for retaining and archiving existing data\) • Access to Cloud based system via Citrix Enhanced functionality required; • Enhanced end-user experience \(dashboard / simpler system interface\) • Simplified approval/workflow processes and access/authorisation segregation configuration • Enhanced reporting capability for Finance and non-Finance users • Balance sheet reconciliation module

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## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/450a656b-7f6c-426d-9764-dab4cb5f90bb-851623)