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Oracle
Business Fortune
06 March, 2024
The City of London has decided to switch from its mostly Oracle business application portfolio to SAP, and it is now searching for a systems integrator to assist it in moving to the cloud.
The City of London has chosen SAP to replace its business application portfolio that was primarily Oracle, and now it is looking for a systems integrator to help it make the move to the cloud.
A tender notice has been released by the UK public authority, which covers the financial district known as the "Square Mile" in the city center, to identify a SI who will oversee and implement the new system, which is a fully integrated, cloud-based SAP ERP solution from a reputable and leading solution provider.
The notification was sent out approximately three and a half years after the City of London, which started looking for a new ERP system soon after the Norman Conquest in 1066 and got its first documented Royal Charter shortly afterward. The company employed an Oracle E-Business Suite 12 system at the time for property administration and finance, with other vendors handling payroll and HR.
According to the SI procurement notice, City of London Corporation has chosen SAP as its enterprise resource planning (ERP) software system and is currently looking for a skilled service integrator (SI) to handle the ERP's implementation for finance, payroll, human resources, and procurement.
Oracle received a contract worth £233,147 in November 2021 for additional licenses and technical support, despite the lengthy procurement process potentially incurring expenses.