Closed tender

PROVISION OF A GLOBAL OUTBOUND PAYMENT SOLUTION INCLUSIVE OF THE DESIGN, TESTING, HOSTING AND MANAGEMENT OF SERVICES

Details

Value
£700,000
Topic
Banking services
Published
10 October 2024
Submission
11 November 2024

Tender description

University of Strathclyde required an automated payment mechanism capable of integrating with Unit4 Business World On to make global outbound payments to multiple countries in multiple currencies Lot 1: University of Strathclyde was seeking a supplier to provide a Global Outbound Payment Solution. The supplier is required to provide a comprehensive global outbound payment solution capable of integrating with Unit4 Business World On to University of Strathclyde to facilitate the transfer and accounting for all payments to our global suppliers including sundry suppliers. Currently approximately 2800 GBP and currency transactions equating to approximately 10 million are incurred annually across around 45 different currencies. The solution offered has the ability to integrate and take data feed from Unit4 Business World On.

Timeline

  1. Completed: Tender published10 October 2024
    Current notice
  2. Completed: Submission date11 November 2024

About the buyer

University of Strathclyde is a higher education provider in Glasgow, and buys through its own Procurement Services Team. Tender notices are advertised through the Public Contracts Scotland portal. Larger contracts also appear on Find a Tender once they pass the set threshold. Schools, faculties and departments place their own routine orders under central Finance Regulations and procurement procedures. Framework agreements through Advanced Procurement for Universities & Colleges, the Scottish Government and the Government Procurement Service cover much of its spend. Suppliers need a university purchase order before supplying goods or services, and cannot win business through direct marketing.

Education procurement reached £47.4bn in 2024/25, the fourth-largest public sector budget.

Over the past 5 years, most of University of Strathclyde's contract awards have been in business services, IT services and education and training.

Relevant CPV codes

  • 66110000 · Banking services
  • 66115000 · International payment transfer services

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Decision makers

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Related topics

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