Decision details

Members were asked to give consideration to the mandatory upgrade to the Corporate Finance System.

Members also considered a number of alternative options as detailed within the report.

RESOLVED that

a)  in accordance with Financial Regulations the allocation of funding to progress the upgrade of the Corporate Finance System, on the terms as detailed in the report, be agreed and recommended to Council for approval;

b)  approval be given to additional annual licensing and maintenance costs, as detailed in the report, being included in the 2019/20 budget;

c)  an exception to Contract Procedure Rules, in accordance with Rule 17.1 as set out in the report, be approved to enable the Authority to enter into a 5 year contract with the preferred provider in respect of the Corporate Finance System.

Reasons:

To transform the Corporate Finance System utilising modern technology to realise cashable efficiencies and improvements to the service within 18 months of implementation.