IES Financial Management System

The vendor is required to provide that financial management, vendor management, and card management functionality to enhance, support, and integrate with the development of agency.
-To integrate and interface with other capabilities, provide data exchange seamlessly, and enable strong financial and audit reporting.
-Seeking information regarding vendor offerings to support the financial management functions of IES and required of the state social service districts.
-The entity charged with transforming and updating the systems that maintain the health and human services offered by the state.
-A flexible, statewide solution that will support state and local workers, providing a sustainable, trusted, and efficient system that will improve the state and local social service districts ability to achieve their core missions.
-The IES program expects to develop and implement a financial management subsystem with capabilities in:
•Accounts payable
•Accounts receivable
•Benefit card management
•Vendor/provider management
•Claiming and financial reporting
-IES seeks to transform these systems:
•To enhance scalability and flexibility to respond to meet expanding programmatic changes (as may be imposed by legislation or litigation).
•To automate manual processes that have been developed over the years in response to federal and state regulatory changes.
•To upgrade the existing mainframe-based technology on which the current system resides, given that the mainframe platform uses older software and technologies that no longer have the flexibility to adapt as quickly to needed changes.
-Develop a modern system without loss of functionality:
•Develop a robust modern system that replicates existing rules and maintains data interfaces.
•Incorporate functionality of existing financial management systems into an integrated system.
•Provide scalability and adaptability to support current and future business and functional requirements.
•Ensure information security, integrity, confidentiality, and availability.
-The financial management components should include, but is not limited to the following system Capabilities:
•Receive/verify financial/payment data
•Support invoice, vouchers, and rosters
•Issue payments
•Pass through payments
•xcess child support payments
•Manage accounts payable information
•Manage accounts payable disbursement
•Payment history
•Track payment
•Perform adjustments
•Reimbursement adjustments
•Retroactive claiming adjustments
•Retroactive payment creation
•Generate 1099
•Trust accounting
•Contract payments
•Contract service payment and associated service information
•Digital banking – payments, mobile application
-The system must also support multiple payment channels including:
•Direct deposit
•Automated clearing house
•Electronic funds transfer
•Debit cards
•Electronic benefit transfer
•Checks