Financial management systems and software

1. What Financial Management/ERP System does the council use?

FINEST (Software AG UK Ltd)

2. Who is ultimately responsible for the system (name and title)?

Head of Financial Management and Processes

3. How many users access the system across the council?

800.

4. Is the system hosted locally or is it a cloud solution?

The system is hosted locally.

5. Does the council intend to move the system to the cloud?

No.

6. When did the contract commence and when will it expire?

The contract commenced in December 1995, and it will expire in December 2024.

7. Do you intend to evaluate alternative solutions when the contract expires?

Yes.

8. Are you in a shared service for either ICT or Financial Management/ERP?

No.

a) If yes, what is the nature of the shared service?

N/A.

b) If no, what plans do you have for shared service/partnership working?

No plans currently developed.

9. If the Finance system is run/managed in-house:
a) What is the annual software (licence and support) charge payable to the Financial Management/ERP system provider?

£405,206.

b) What was the initial capital cost of the system payable to the supplier?

£364,514.

10. If the Finance system is hosted remotely (via the cloud):
a) How are the annual charges made up (software licence/support charge, hosting charge etc.)?

N/A.