An entity in Ireland is seeking a vendor to provide a cloud-based financial planning and analysis tool. The solution should be delivered as a cloud-based application and support financial planning, budgeting, and forecasting processes through user-driven models.

Key requirements include the administration of planning and forecasting cycles with user-role-based security profiles, allowing users to create reporting and analysis insights for informed decision making within the finance, planning, and analysis function. The tool should feature built-in audit trails and versioning to track planning and system activities, as well as capabilities to create and simulate financial and operational planning scenarios to analyze the impact of changes on financial performance.

The successful vendor should ensure seamless system integration, robust forecasting and planning functionalities, and customization options for reporting. The proposed contract period will be five years.