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Tender Details:
Type : Tender
Id : 71441776
Category : Software & Technology
Title : Budget Monitoring and Management System
Estimated Budget :Looking for Proposals
Description :
We are an Australia based organization, looking for qualified and experienced service provider for our software requirements. We are looking to have a budget management and forecasting system for effective budget monitoring and reporting at all levels and thereby improving efficiency. We are seeking to contract for a period of 9 months to install the product. The maintenance will require 3 years with a possible extension of 2 years with prior notice to the service provider.
Scope of Services:
Country : Australia
Status: Closed
Scope of Services:
- The system should have a high degree of usability and flexibility, with the capacity to be managed by power users and should be multidimensional and support flexible hierarchies.
- The tool should be simple to use and assist project managers and inexperienced end users in completing project budgets.
- The system should have flexible and user friendly reporting tools and models that can be used by non-technical staff for extracting data and preparing reports.
- The system should provide better integration; improve data integrity and increase accountability and audit ability of budget processes.
- Service provider needs to provide information addressing:
a) The ability to track all budget adjustments;
b) The capacity to reconcile top-down and bottom-up budgets;
c) How the BMS uses budget assumption data;
d) How bottom-up budgeting will be facilitated, and the ability to apply +/- escalation factors to increase/decrease budgets as required; and
e) How top-down budgeting will be managed; and
f) The ability to approve/decline budget submissions. - Service provider needs to describe how the tool will facilitate reporting and analysis/interrogation of data, how the system will facilitate data interchange as well as explaining how the proposed solution supports multi-dimensional, multi-period reporting of budgets and actual performance.
Country : Australia
Status: Closed
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