◆ Consolidates information, links processes and functions, and eliminates separate departmental systems/spreadsheets/access databases in favor of a single system that connects the District’s financial and non-financial applications through a common database ◆ Streamlines and improves business processes through automation ◆ Provides a user-friendly and intuitive user interface to promote system use and increase user productivity ◆ Reduces or eliminates redundant data entry ◆ Provides timely, accurate, and easy-to-access information for decision making ◆ Reduces or eliminates the need for manual input when preparing various financial documents, including the annual budget and financialstatements ◆ Improves and/or provides necessary reports and reporting capabilities and access to data through inquiry or drill down capabilities ◆ Supports interfaces with third-party systems through documented APIs or other standardized data exchange methods ◆ Provides appropriate security measures ◆ Improves services to stakeholders ◆ Complies with state and local statutory requirements
