CGI selected by Texas Comptroller of Public Accounts to implement enterprise financial system
CGI (NYSE: GIB) has secured a significant multi-year contract with the Texas Comptroller of Public Accounts (CPA) to implement a modern enterprise financial system. The project involves replacing the state's legacy systems with CGI Advantage庐, a comprehensive SaaS-based ERP solution specifically designed for government operations.
The new system will serve as Texas' central accounting platform, processing over 42.7 million transactions annually and supporting approximately 5,000 users across 225 state agencies and higher education institutions. The cloud-based implementation will include CGI Advantage Financial Management, vendor self-service capabilities, and integration with various state systems, aimed at enhancing reporting, data analytics, and process efficiency.
CGI (NYSE: GIB) ha ottenuto un importante contratto pluriennale con il Texas Comptroller of Public Accounts (CPA) per l'implementazione di un moderno sistema finanziario aziendale. Il progetto prevede la sostituzione dei sistemi legacy dello Stato con CGI Advantage庐, una soluzione ERP SaaS completa progettata specificamente per le esigenze della pubblica amministrazione.
Il nuovo sistema sar脿 la piattaforma contabile centrale del Texas, gestendo oltre 42,7 milioni di transazioni all'anno e supportando circa 5.000 utenti in 225 agenzie statali e istituzioni di istruzione superiore. L'implementazione cloud comprender脿 CGI Advantage Financial Management, funzionalit脿 di self-service per i fornitori e integrazioni con vari sistemi statali, con l'obiettivo di migliorare reportistica, analisi dei dati ed efficienza dei processi.
CGI (NYSE: GIB) ha conseguido un importante contrato plurianual con el Texas Comptroller of Public Accounts (CPA) para implementar un moderno sistema financiero empresarial. El proyecto contempla reemplazar los sistemas heredados del estado por CGI Advantage庐, una soluci贸n ERP SaaS integral dise帽ada espec铆ficamente para la administraci贸n p煤blica.
El nuevo sistema funcionar谩 como la plataforma contable central de Texas, procesando m谩s de 42,7 millones de transacciones anuales y dando soporte a aproximadamente 5.000 usuarios en 225 agencias estatales e instituciones de educaci贸n superior. La implementaci贸n en la nube incluir谩 CGI Advantage Financial Management, capacidades de autoservicio para proveedores e integraci贸n con diversos sistemas estatales, con el objetivo de mejorar la elaboraci贸n de informes, el an谩lisis de datos y la eficiencia de los procesos.
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CGI (NYSE: GIB) a obtenu un important contrat pluriannuel avec le Texas Comptroller of Public Accounts (CPA) pour mettre en place un syst猫me financier d'entreprise moderne. Le projet pr茅voit le remplacement des syst猫mes h茅rit茅s de l'脡tat par CGI Advantage庐, une solution ERP SaaS compl猫te con莽ue sp茅cifiquement pour les administrations publiques.
Le nouveau syst猫me servira de plateforme comptable centrale du Texas, traitant plus de 42,7 millions de transactions par an et prenant en charge environ 5 000 utilisateurs r茅partis dans 225 agences d'脡tat et 茅tablissements d'enseignement sup茅rieur. La mise en 艙uvre dans le cloud inclura CGI Advantage Financial Management, des fonctionnalit茅s d'auto-gestion pour les fournisseurs et des int茅grations avec divers syst猫mes de l'脡tat, visant 脿 am茅liorer la production de rapports, l'analyse des donn茅es et l'efficacit茅 des processus.
CGI (NYSE: GIB) hat einen bedeutenden mehrj盲hrigen Vertrag mit dem Texas Comptroller of Public Accounts (CPA) abgeschlossen, um ein modernes unternehmensweites Finanzsystem einzuf眉hren. Das Projekt sieht vor, die veralteten Systeme des Bundesstaates durch CGI Advantage庐 zu ersetzen 鈥� eine umfassende SaaS-basierte ERP-L枚sung, die speziell f眉r den 枚ffentlichen Sektor entwickelt wurde.
Das neue System wird als zentrale Buchhaltungsplattform f眉r Texas dienen, 眉ber 42,7 Millionen Transaktionen j盲hrlich verarbeiten und rund 5.000 Nutzer in 225 staatlichen Beh枚rden und Hochschulen unterst眉tzen. Die cloudbasierte Implementierung umfasst CGI Advantage Financial Management, Self-Service-Funktionen f眉r Lieferanten sowie Integrationen mit verschiedenen staatlichen Systemen, mit dem Ziel, Berichterstattung, Datenanalyse und Prozesseffizienz zu verbessern.
- Contract win with major government entity (Texas Comptroller) for enterprise-wide implementation
- System will process over 42.7 million transactions annually, indicating significant recurring revenue potential
- Large user base of 5,000 users across 225 state agencies and institutions
- Cloud-based solution provides potential for long-term recurring revenue stream
- Complex government implementation carries execution and delivery risks
- Multi-year implementation timeline may delay full revenue recognition
Insights
CGI secured major multi-year Texas contract to modernize critical financial systems serving 225 state agencies with their CGI Advantage solution.
CGI has secured a significant multi-year contract with the Texas Comptroller of Public Accounts to modernize the state's financial infrastructure. The company will replace three legacy systems (USAS, TINS, and SPA) with its CGI Advantage platform, a SaaS solution specifically designed for government operations.
This implementation represents a substantial enterprise deployment that will process over
The contract scope includes CGI Advantage Financial Management, vendor self-service capabilities, and integration with various state systems. The cloud-based solution will deliver modern reporting, enhanced data analytics, and streamlined processes while ensuring compliance with government regulations.
This contract win strengthens CGI's position in the government ERP market, particularly for statewide implementations. The Texas implementation joins CGI's portfolio of large-scale government financial system deployments, reinforcing their specialized expertise in this sector. For a company like CGI, these multi-year government contracts provide valuable recurring revenue streams and potential for future expansions or enhancements to the initial implementation.
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"This project marks a major modernization of
The Texas Comptroller's office serves as the financial hub for the state, overseeing payments and accounting for all state agencies and institutions of higher education. The new system will process more than 42.7 million transactions annually and support approximately 5,000 total users across 225 state agencies and higher education institutions.聽
"As Texans, we recognize the responsibility in replacing the Uniform Statewide Accounting System that has reliably processed billions of dollars in payments for the
The implementation will include CGI Advantage Financial Management, vendor self-service capabilities, and integration with various state systems. The cloud-based solution will deliver a modern, flexible system that enhances reporting, improves data analytics, and streamlines processes while ensuring compliance with state and federal requirements.聽
About CGI Advantage
CGI Advantage is a聽unified ERP platform featuring a powerful combination of modern technology and built-for-government solutions. This secure, intuitive platform organically meets state and local government requirements and streamlines financial management, human resources, performance budgeting, procurement, and business intelligence operations.聽A proven solution, CGI Advantage is based on more than 46 years of public sector expertise and is supported by an active client community that values innovation and access to CGI's global network of experts. Learn more at .
About CGI
Founded in 1976, CGI is among the largest independent IT and business consulting services firms in the world. With 93,000 consultants and professionals across the globe, CGI delivers an end-to-end portfolio of capabilities, from strategic IT and business consulting to systems integration, managed IT and business process services and intellectual property solutions. CGI works with clients through a local relationship model complemented by a global delivery network that helps clients digitally transform their organizations and聽accelerate results. CGI Fiscal 2024 reported revenue is CA
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SOURCE CGI Inc.
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