Posted Date : August 30,2019
Product (RFP/RFQ/RFI/Solicitation/Tender/Bid Etc.) ID : SW-27235
Government Authority located in Nevada; USA based organization looking for expert vendor for financial planning and reporting analytics system.
[A] Budget: Looking for Proposal
[B] Scope of Service:
(1) Vendor needs to provide financial planning and reporting analytics system to include software, hosting, implementation services, training, and technical support from a single vendor,
- Benefit from the economies of scale in supporting regulated and standard higher education business processes,
- Optimize business processes,
- Enable adoption of advanced business technologies, such as analytics (business intelligence), and workflow/approval process management,
- Support distributed budget entry and reporting by users with a variety of skill levels,
- Support position level planning and budgeting, allowing for a single position to be related to an unlimited number of accounts, cost centers, and organizations,
- Facilitate long-range strategic planning across all business functions and disciplines with accurate, readily available data presented in intuitive and familiar formats,
- Facilitate scenario-based what-if analysis at all levels of the organization,
- Provide agile, modern interfaces (e.g. portals and dashboards) for all users to improve communication, information access, and support campus engagement,
- Provide web-based budget development and reporting system that is easily compatible with current technology environment, including but not limited to; Workday Financials and HCM, PeopleSoft Campus Solutions, etc,
- Provide a cloud-based architecture, optimally Software as a Service, so that institutions have minimal or no requirements for local hardware,
- Allow a one-stop-shop for budget users for all their budgeting and financial planning, forecasting, analysis and reporting needs,
- Enable each institution to control its users, dimensions, hierarchies and data security separately from the other institutions,
- Provide a simple mechanism for loading final institution budgets to environment, then provide a comparably simple mechanism to load final budget to the state budget system,
- Provide capability for multi-directional data flow,
- Enable flexibility for institutions and the system office to embrace their unique internal processes while meeting policy,
- Provide the ability for institutions and individually specify various rates, models, and parameters throughout the budgeting process,
- Enable the central collection of finalized institution annual and biennial budgets, and reports,
- Utilize various spreadsheets, access databases, downloads from workday, and other offline calculations to access data and process the budget planning and related tasks, the multiple incompatible data sources cause redundant work and data entry, thus increasing potential for errors. with data spread across multiple systems, getting at needed information can be an arduous task and achieving a ‘single version of the truth’ is almost impossible,
- To ensure the new solution is an improvement upon the current budgeting solution, the following functionality must be included with the new solution,
- Real-time reporting and data entry,
- Validation with business rules,
- Thorough workflow/approval process, with automatic email notifications at all levels,
- Capability to enter comments/notes for a budget item, and to be able to query comments/notes,
- Search, sort, total capability by almost any level of detail,
- Ability to populate any field using formulas, ranging from simple arithmetic calculations to complex statistical formulas,
- Highly customizable and granular security and permissions management,
- 100% web-based user-friendly primary interface,
- Multi-year budgeting capability,
- Fiscal year and calendar year budgeting,
- Multiple what-if scenarios,
- Incremental daily loading of actuals and budget amendments from Workday,
- Strategic and Capital planning capabilities,
- Real-time budget reports and information for entry into the university’s annual and state biennium budget,
- A web-browser based graphical user interface,
- Dashboard summary reporting for both operational and executive use,
- Full role-based and person-level access control to all data assets, capabilities and outputs that can be managed by each institution locally,
- Full documentation on how to use the new systems.
(2) All the questions must be submitted no later than September 12, 2019.
[C] Eligibility:
- Onshore (USA Only);
[D] Work Performance:
Performance of the work will be Offsite. Vendor needs to carry work in their office location.
Budget :
Deadline to Submit Proposals: October 03,2019
Cost to Download This RFP/RFQ/RFI/Solicitation/Tender/Bid Document : 5 US$
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Product (RFP/RFQ/RFI/Solicitation/Tender/Bid Etc.) ID : SW-27235
Government Authority located in Nevada; USA based organization looking for expert vendor for financial planning and reporting analytics system.
[A] Budget: Looking for Proposal
[B] Scope of Service:
(1) Vendor needs to provide financial planning and reporting analytics system to include software, hosting, implementation services, training, and technical support from a single vendor,
- Benefit from the economies of scale in supporting regulated and standard higher education business processes,
- Optimize business processes,
- Enable adoption of advanced business technologies, such as analytics (business intelligence), and workflow/approval process management,
- Support distributed budget entry and reporting by users with a variety of skill levels,
- Support position level planning and budgeting, allowing for a single position to be related to an unlimited number of accounts, cost centers, and organizations,
- Facilitate long-range strategic planning across all business functions and disciplines with accurate, readily available data presented in intuitive and familiar formats,
- Facilitate scenario-based what-if analysis at all levels of the organization,
- Provide agile, modern interfaces (e.g. portals and dashboards) for all users to improve communication, information access, and support campus engagement,
- Provide web-based budget development and reporting system that is easily compatible with current technology environment, including but not limited to; Workday Financials and HCM, PeopleSoft Campus Solutions, etc,
- Provide a cloud-based architecture, optimally Software as a Service, so that institutions have minimal or no requirements for local hardware,
- Allow a one-stop-shop for budget users for all their budgeting and financial planning, forecasting, analysis and reporting needs,
- Enable each institution to control its users, dimensions, hierarchies and data security separately from the other institutions,
- Provide a simple mechanism for loading final institution budgets to environment, then provide a comparably simple mechanism to load final budget to the state budget system,
- Provide capability for multi-directional data flow,
- Enable flexibility for institutions and the system office to embrace their unique internal processes while meeting policy,
- Provide the ability for institutions and individually specify various rates, models, and parameters throughout the budgeting process,
- Enable the central collection of finalized institution annual and biennial budgets, and reports,
- Utilize various spreadsheets, access databases, downloads from workday, and other offline calculations to access data and process the budget planning and related tasks, the multiple incompatible data sources cause redundant work and data entry, thus increasing potential for errors. with data spread across multiple systems, getting at needed information can be an arduous task and achieving a ‘single version of the truth’ is almost impossible,
- To ensure the new solution is an improvement upon the current budgeting solution, the following functionality must be included with the new solution,
- Real-time reporting and data entry,
- Validation with business rules,
- Thorough workflow/approval process, with automatic email notifications at all levels,
- Capability to enter comments/notes for a budget item, and to be able to query comments/notes,
- Search, sort, total capability by almost any level of detail,
- Ability to populate any field using formulas, ranging from simple arithmetic calculations to complex statistical formulas,
- Highly customizable and granular security and permissions management,
- 100% web-based user-friendly primary interface,
- Multi-year budgeting capability,
- Fiscal year and calendar year budgeting,
- Multiple what-if scenarios,
- Incremental daily loading of actuals and budget amendments from Workday,
- Strategic and Capital planning capabilities,
- Real-time budget reports and information for entry into the university’s annual and state biennium budget,
- A web-browser based graphical user interface,
- Dashboard summary reporting for both operational and executive use,
- Full role-based and person-level access control to all data assets, capabilities and outputs that can be managed by each institution locally,
- Full documentation on how to use the new systems.
(2) All the questions must be submitted no later than September 12, 2019.
[C] Eligibility:
- Onshore (USA Only);
[D] Work Performance:
Performance of the work will be Offsite. Vendor needs to carry work in their office location.
Budget :
Deadline to Submit Proposals: October 03,2019
Cost to Download This RFP/RFQ/RFI/Solicitation/Tender/Bid Document : 5 US$