Enterprise Resource Planning System

The Vendor is required to provide enterprise resource planning (ERP) system with HR, finance, and supply chain capabilities, and expects to begin implementation of this system in early 2027 with go-live planned for July 2029.
- ERP capabilities that support the following business processes and activities below, as well as development roadmap to enhance their capabilities through advanced analytics, AI, and other emerging technologies.
- Finance
• Core financials, general ledger and chart of accounts management
• Financial consolidation and close
• Accounts payable
• Accounts receivable and collections
• Revenue recognition
• Post-award grants management and sponsored research accounting
• Project accounting and project financials
• Project contract billing
• Lease accounting
• Cash management and banking
• Tax reporting and compliance
• Account reconciliation and transaction matching
• Audit, risk, and financial compliance management
• Financial reporting and analytics (within the ERP platform)
- Human resources
• Core HR and workforce administration
• Employee lifecycle management (hire to retire)
• Organization and position management
• Benefits administration
• Absence management
• Payroll processing
• Time and labor management
• Workforce scheduling
• Compensation management
• Talent management and performance reviews
• Goals and development planning
• Succession planning
• Recruiting and talent acquisition
• Employee onboarding
• Learning management
• Employee engagement and sentiment (listening)
• HR reporting and analytics (within the ERP platform)
- Procurement and supply chain
• Purchase requisitions and purchase orders
• Supplier management and qualification
• Supplier portal
• Sourcing and bidding events
• Procurement contract lifecycle management
• Accounts payable and invoice processing
• Expense and travel management
• Inventory management
• Supply chain reporting and analytics (within the ERP platform)
- Technical and platform
• Role-based access control and security
• Audit and compliance monitoring
• Document recognition and AI-assisted data capture
• Digital adoption and guided learning (in-application)
• Reporting and analytics (within the ERP)
• Workflow and business process automation
• Mobile access and self-service.