Unedited news and product information from vendors.
CGI Transforms Wake County, North Carolina's Budget and Financial Processes with AMS Advantage(R) ERP
Jul 25, 2008 (10:07 AM EDT)
Stock Market Symbols
FAIRFAX, VA, July 25 /PRNewswire-FirstCall/ - CGI Group Inc. , a leading provider of information technology and business process services, announced today that it has modernized Wake County, North Carolina's core budgeting and financial processes with its built-for-government AMS Advantage Financial Management and Performance Budgeting solutions. This project completes two of three phases to replace the County's legacy financial, budgeting and human resources systems with the full AMS Advantage enterprise resource planning (ERP) suite. This phase, valued at $1.9 million, is part of a project effort totaling $9.5 million. The third phase will implement AMS Advantage Human Resources Management to go into production in 2009
With AMS Advantage Performance Budgeting, Wake County has consolidated all budget information, forms and documentation into a single application, providing real time budget access, formulation and analysis. In addition, the AMS Advantage Financial Management solution moves the County's financial processes to one platform, significantly decreasing contract and payment processing time and allowing for electronic invoicing. Both phases of the project have enhanced the County's internal controls, eliminated paper-based processes and increased staff efficiency by enabling a focus on data analysis instead of data management.
"AMS Advantage will save us thousands of labor hours just during this first budget season. With the supporting documentation and justifications housed electronically within a single system, meetings with the County Manager will no longer require stacks of files and notebooks, rather a single laptop where the answers are just a click away," said Johnna Rogers, Wake County Budget and Management Services Director. "The robust features and configurability of AMS Advantage Performance Budgeting has enabled us to significantly improve our budget and decision-making processes."
"As the seventh fastest growing county in the U.S., we were looking for a financial product to meet our needs for the next several decades. We found it with AMS Advantage," said Melinda Canady, Wake County Finance Director. "The integration of Performance Budgeting, Financial Management, and the soon-to-be Human Resources Management will dramatically improve our processes and access to management information. We look forward to continued improvement with CGI as our partner."
"CGI's AMS Advantage is the leading ERP solution for state and local governments. With a record of improving operations, AMS Advantage increases accountability and access to vital management information while reducing clients' total cost of ownership," said Dave Cavan, Vice-President, CGI. "Wake County's success in their first two phases is a great achievement, and CGI looks forward to working with the County to deliver additional high quality business results with AMS Advantage Human Resources Management."
Founded in 1976, CGI Group Inc. is one of the largest independent information technology and business process services firms in the world. CGI and its affiliated companies employ approximately 27,000 professionals. CGI provides end-to-end IT and business process services to clients worldwide from offices in Canada, the United States, Europe, Asia Pacific as well as from centers of excellence in North America, Europe and India. CGI's annual revenue run rate stands at $3.8 billion and at March 31st, 2008, CGI's order backlog was $12.04 billion. CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB) and are included in the S&P/TSX Composite Index as well as the S&P/TSX Capped Information Technology and MidCap Indices. Website: www.cgi.com .
CONTACT: Investors: Lorne Gorber, Vice-President, Global Communications firstname.lastname@example.org Investor Relations, (514) 841-3355, ; Media: LindaOdorisio, Vice-President, US Communications, (703) 267-8118,