The Vendor is required to provide ERP product for finance and HR.
- Requirement:
1. Finance
• Budgeting & forecasting
• Capital planning & projects
• Accounting
• Financial reporting
• Risk management & auditing
• Asset & lease management
• Expense reconciliation
2. Finance / treasury
• Accounts receivable
• Refund management
• Payment processing
• Gifts & endowments — accounting only
• Investment management
• Cash management
• Tax management
3. Human resources
• Talent acquisition
• Talent management
• Workforce administration
• Academic administration
• Benefits administration
• Compensation administration
• Time & absence
4. HR / finance shared
• Payroll administration
• Must include multi-state payroll tax compliance.
• Commitment accounting
• Workforce planning/position management
5. Procure-to-pay
• Requisition / PO processing
• Supplier / vendor management
• Sourcing & category management
• Contract management
• Bank card management
• Uses us bank for bank card management and concur for reconciliation.
• Integration approach.
• Accounts payable
• E-procurement / marketplace.
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