CGI selected by Texas Comptroller of Public Accounts to implement enterprise financial system

Rhea-AI Summary

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®, 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.

Positive

• 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

Negative

• Complex government implementation carries execution and delivery risks
• Multi-year implementation timeline may delay full revenue recognition

Insights

Government Technology Contract Analyst

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 42.7 million transactions annually and support approximately 5,000 users across 225 state agencies and higher education institutions. The Texas Comptroller serves as the financial hub for the entire state, making this a mission-critical system that manages billions in payment processing.

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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www.cgi.com/newsroom

AUSTIN, Texas, Aug. 25, 2025 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB), one of the largest independent technology and professional services firms in the world, today announced the award of a contract with the Texas Comptroller of Public Accounts (CPA) to implement a modern, software as a service (SaaS) enterprise financial system based on CGI Advantage^®. Under the multi-year contract, CGI will replace the state's legacy Uniform Statewide Accounting System (USAS), Texas Identification Number System (TINS), and State Property Accounting (SPA) with a comprehensive, built-for-government enterprise resource planning (ERP) solution.

"This project marks a major modernization of Texas' central accounting system, giving state agencies more efficient, reliable tools to serve Texans," said Acting Texas Comptroller Kelly Hancock. "CGI Advantage has a proven track record in similar statewide implementations, and its purpose-built design for government is structured to support a seamless transition for this critical project."

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. 

"As Texans, we recognize the responsibility in replacing the Uniform Statewide Accounting System that has reliably processed billions of dollars in payments for the State of Texas," said Wes Carberry, Senior Vice-President & Business Unit Leader for U.S. Texas Operations, CGI. "CGI is committed to supporting that legacy of reliability with our solution which has been built specifically for government and will preserve the critical functionality that has long served the state—while delivering a modern, more efficient, and user-friendly technology platform. We understand this program isn't just about technology, it's about maintaining the trust Texans place in their government's financial systems."

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. 

About CGI Advantage
CGI Advantage is a 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. 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 cgi.com/advantage.

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 accelerate results. CGI Fiscal 2024 reported revenue is CA$14.68 billion and CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB). Learn more at cgi.com.

View original content:https://www.prnewswire.com/news-releases/cgi-selected-by-texas-comptroller-of-public-accounts-to-implement-enterprise-financial-system-302536902.html

SOURCE CGI Inc.

FAQ

What is the new contract CGI (NYSE: GIB) won with Texas Comptroller?

CGI won a multi-year contract to implement CGI Advantage®, a modern SaaS-based enterprise financial system that will replace Texas' legacy accounting systems and serve as the state's central financial platform.

How many transactions will CGI's new system handle for Texas government?

The new CGI Advantage system will process more than 42.7 million transactions annually for the Texas Comptroller of Public Accounts.

How many users will CGI's Texas financial system support?

The system will support approximately 5,000 users across 225 state agencies and higher education institutions in Texas.

What systems will CGI Advantage replace in Texas?

CGI Advantage will replace three legacy systems: the Uniform Statewide Accounting System (USAS), Texas Identification Number System (TINS), and State Property Accounting (SPA).

What features will CGI's new Texas financial system include?

The system will include CGI Advantage Financial Management, vendor self-service capabilities, integration with state systems, enhanced reporting, improved data analytics, and streamlined processes while ensuring compliance with state and federal requirements.