Finance, HR/Payroll and Associated Services
Introduction
The Finance, HR/Payroll and Associated Services framework, managed by the North Western Universities Purchasing Consortium (NWUPC), is a strategic procurement vehicle designed to assist higher education institutions in obtaining technology solutions for finance, human resources, and payroll management. This framework remains in effect until January 8, 2026, and is not a Dynamic Purchasing System (DPS). It serves as a streamlined approach for universities and associated public sector bodies to acquire essential technological services, ensuring efficiency and compliance within administrative operations.
Context & Use Case
In the context of public sector procurement, particularly within the university sector, managing financial transactions, human resources, and payroll functions is critical yet complex. This framework caters to these needs by offering a structured pathway to procure software and services that facilitate these essential functions. Universities and similar institutions face increasing pressure to enhance operational efficiency while complying with stringent regulatory requirements. The framework addresses these challenges by providing access to pre-vetted suppliers that offer solutions tailored to these specific needs, thus simplifying the procurement process and promoting best value.
Scope of Services
The scope of the Finance, HR/Payroll and Associated Services framework encompasses a range of technology-based solutions. Key services typically covered include: 1. Financial management software, including budgeting, forecasting, and reporting tools. 2. Human resource management systems (HRMS) that handle recruitment, employee records, performance management, and compliance tracking. 3. Payroll processing solutions that ensure accurate and timely employee payments, tax calculations, and statutory reporting. 4. Associated consultancy services to support the implementation and optimization of these systems. This framework is designed to be both comprehensive and flexible, adapting to the diverse requirements of universities and similar institutions.
Who Can Apply
This framework is suitable for technology suppliers specializing in finance, HR, and payroll systems. Suppliers with experience in catering to the higher education sector will find this framework particularly relevant. As it is not a DPS, the framework does not allow for open applications throughout its duration. Instead, potential suppliers should ensure they are prepared to meet the requirements set forth at the time of framework establishment and any subsequent renewal phases.
Buyer Benefits
Public sector buyers, particularly universities, benefit from using this framework through several key advantages. The framework facilitates compliance with procurement regulations, ensuring that institutions adhere to legal and policy guidelines. It also offers a faster route to market by reducing the need for lengthy procurement exercises, thereby saving time and resources. Moreover, the framework encourages competitive pricing and service quality by leveraging a pre-qualified pool of suppliers, which helps institutions achieve value for money.
Lots
Not applicable
Next Steps
Suppliers interested in participating in this framework are advised to conduct a thorough review of the specific requirements and criteria. Direct engagement with NWUPC or the contracting authority is recommended to gain a comprehensive understanding of the application process and to ascertain any upcoming opportunities for participation in future iterations of the framework.
How Biddable Can Help
Biddable assists suppliers by providing insights into framework opportunities like the Finance, HR/Payroll and Associated Services framework. Our services help suppliers navigate the discovery process, ensuring they are well-prepared for application and participation. By offering visibility into potential procurement pipelines, Biddable enhances suppliers' ability to strategically align their offerings with public sector needs, ultimately aiding in successful framework engagement.