Replacement Contract Management, Billing and Invoicing System

What the buyer is asking for

The scope of this system includes the full replacement of the current ERP system with a cloud-based solution for use by the Procurement Services Digital and Invoicing and Billing teams. A single integrated solution is preferred, although alternative approaches will be considered where they demonstrate clear value and meet all requirements. The replacement solution must include: •Cloud based SaaS solution hosted in the UK •Single Sign On using the corporate identity provider •Multi Factor Authentication •Role based access control •API functionality for system integration •Quotation creation and product configuration •Contract creation and management •Contract-driven billing •Invoice processing •Invoice validation and exception handling •Credit notes, reversals, and rebilling •Consolidated and advance billing •Reporting, audit, and data export Payments are out of scope and will continue to be performed by a separate system.