CGI (NYSE: GIB) (TSX: GIB.A) today announced it has won a contract to replace the city’s 13-year-old legacy Supply Management System (SMS) and upgrade the City of Los Angeles’ Financial Management System (FMS). The contract is valued at US$19.6 million over four years.
The City will utilize the CGI Advantage® enterprise resource planning (ERP) solution to drive improvements to its procurement and financial management operations. This comprehensive, integrated ERP system will:
- Transform citywide purchasing power with a one-stop shopping experience
- Reduce the time and expense of operating and interfacing two separate enterprise systems
- Improve procurement decision-making, accountability and transparency
- Automate inventory control and reduce the need for higher cost emergency ordering
- Provide compliance with federal and state regulations
- Streamline vendor interactions with electronic invoicing and 24x7 payment tracking
- Reduce the risks associated with operating an out of date procurement system
“CGI has proven to be a trusted partner after we selected their Advantage solution as the City’s ERP platform over three years ago,” said Steve Reneker, General Manager of Los Angeles’ Information Technology Agency.
“We are gratified that this dynamic partnership is continuing as the City of Los Angeles transitions to leverage more of CGI’s robust ERP product suite,” said Dave Delgado, Senior Vice President and West Business Unit Leader at CGI.
“The Advantage program is honored to partner with the second largest U.S. city to modernize their ERP operations. Our built-for-government ERP scales to meet the needs of the largest cities and continues to serve the needs of state and local governments across the nation,” added Daniel Keene, Senior Vice President of CGI’s Advantage Program.