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State of Vermont Selects CGI's Public Sector Budgeting Solution to Modernize Statewide Budget Operations(December 21, 2011)
FAIRFAX, VIRGINIA -- (Marketwire) -- 12/21/11 -- CGI Group Inc. (NYSE:GIB)(TSX:GIB.A), a leading provider of information technology and business process services, today announced that the State of Vermont's Office of Budget and Management selected, through a competitive evaluation process, CGI's public sector performance budgeting solution to replace its aging budget system and integrate with the State's existing enterprise resource planning (ERP) platform.
Vermont sought a vendor partner that could provide a comprehensive range of budgetary capabilities including budget development, revenue planning, position and salary forecasting, and performance management as well as statewide consolidation, adoption, and revision capabilities. As part of CGI's AMS Advantage ERP suite, the performance budgeting solution offers flexible and configurable budgeting functionality that meets the unique needs of the public sector without time consuming and costly customizations. The open architecture supports integration with Vermont's existing ERP system and allows for statewide reporting that is timely, accurate, and reliable. Both U.S. State and Local as well as U.S. Federal clients use CGI's state-of-the-art budget tool to gain better visibility into and control of their complex, multi-entity budgets.
"CGI has pioneered performance budgeting in the public sector and our solution has a rich heritage of successful implementations," said Daniel Keene, Vice-President of CGI's AMS Advantage program. "We are proud to welcome the State as a new client in the CGI public sector ERP user community and look forward to delivering a powerful budgeting solution capable of supporting Vermont's current and future business needs."
About CGI's AMS Advantage
From states, cities, counties and school districts, CGI's AMS Advantage ERP solution works for government at all levels and has helped public sector clients better serve 90+ million citizens. Designed specifically for state and local government and available in the cloud, the solution incorporates CGI's 35 years of expertise and experience in the public sector market. AMS Advantage helps governments achieve the highest level of accountability while enhancing services to their constituents through integrated functionality, workflow and configurable processes. The result is significantly increased efficiency, improved access to information and reduced total cost of ownership.
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 31,000 professionals. CGI provides end-to-end IT and business process services to clients worldwide from offices and centers of excellence in Canada, the United States, Europe, and Asia Pacific. As at September 30, 2011, CGI's revenue was $4.3 billion and its order backlog was $13.5 billion. CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB) and are included in both the Dow Jones Sustainability Index and the FTSEXGood Index. Website: www.cgi.com.
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