P27-0018 Scottish Enterprise Banking Services

Scottish Enterprise is currently undertaking a significant organisational and systems transformation programme, including the implementation of a new Enterprise Resource Planning (ERP) system. The existing banking services arrangements have important operational and technical dependencies with our finance systems, and introducing a new banking provider during this period would create additional implementation, integration and service continuity risks. To maintain stability and ensure the successful implementation and embedding of the ERP solution, Scottish Enterprise intends to continue its current contractual arrangements with Bank of Scotland plc until December 2028. This will provide continuity of critical banking services while future requirements are fully understood and the new ERP environment is established.