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®, 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®, una soluzione ERP SaaS completa progettata specificamente per le esigenze della pubblica amministrazione.
Il nuovo sistema sarà 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 comprenderà CGI Advantage Financial Management, funzionalità 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®, una solución ERP SaaS integral diseñada específicamente para la administración pública.
El nuevo sistema funcionará como la plataforma contable central de Texas, procesando más de 42,7 millones de transacciones anuales y dando soporte a aproximadamente 5.000 usuarios en 225 agencias estatales e instituciones de educación superior. La implementación en la nube incluirá CGI Advantage Financial Management, capacidades de autoservicio para proveedores e integración con diversos sistemas estatales, con el objetivo de mejorar la elaboración de informes, el análisis de datos y la eficiencia de los procesos.
CGI (NYSE: GIB)는 Texas Comptroller of Public Accounts (CPA)와 다년간의 주요 계약을 체결하여 현대적 기업 재무 시스템을 구축합니다. 이 프로젝트는 주(州)의 기존 레거시 시스템을 정부 운영에 특화된 통합 SaaS 기반 ERP인 CGI Advantage®로 대체하는 내용을 포함합니다.
새 시스템은 텍사스의 중앙 회계 플랫폼으로서 연간 4,270만 건 이상의 거래를 처리하고, 약 225개 주 기관 및 고등교육 기관에 걸쳐 5,000명의 사용자를 지원할 예정입니다. 클라우드 기반 구현에는 CGI Advantage Financial Management, 공급업체 셀프서비스 기능 및 다양한 주 시스템과의 통합이 포함되며, 보고, 데이터 분석 및 프로세스 효율성 개선을 목표로 합니다.
CGI (NYSE: GIB) a obtenu un important contrat pluriannuel avec le Texas Comptroller of Public Accounts (CPA) pour mettre en place un système financier d'entreprise moderne. Le projet prévoit le remplacement des systèmes hérités de l'État par CGI Advantage®, une solution ERP SaaS complète conçue spécifiquement pour les administrations publiques.
Le nouveau système 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 répartis dans 225 agences d'État et établissements d'enseignement supérieur. La mise en œuvre dans le cloud inclura CGI Advantage Financial Management, des fonctionnalités d'auto-gestion pour les fournisseurs et des intégrations avec divers systèmes de l'État, visant à améliorer la production de rapports, l'analyse des données et l'efficacité des processus.
CGI (NYSE: GIB) hat einen bedeutenden mehrjährigen Vertrag mit dem Texas Comptroller of Public Accounts (CPA) abgeschlossen, um ein modernes unternehmensweites Finanzsystem einzuführen. Das Projekt sieht vor, die veralteten Systeme des Bundesstaates durch CGI Advantage® zu ersetzen – eine umfassende SaaS-basierte ERP-Lösung, die speziell für den öffentlichen Sektor entwickelt wurde.
Das neue System wird als zentrale Buchhaltungsplattform für Texas dienen, über 42,7 Millionen Transaktionen jährlich verarbeiten und rund 5.000 Nutzer in 225 staatlichen Behörden und Hochschulen unterstützen. Die cloudbasierte Implementierung umfasst CGI Advantage Financial Management, Self-Service-Funktionen für 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.
"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.
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
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SOURCE CGI Inc.
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