Specifications include, but are not limited to: With this RFP, the City intends to replace its existing ERP system with a proven, commercial-off-the-shelf (COTS) ERP system. The City’s goal is to take advantage of a modern ERP system that is designed around best practices, allowing the City to streamline and improve processes that result in timely, accurate, and easy-to-access information. More specifically, the new ERP system should meet the following objectives: u Consolidate information, link processes and functions, and eliminate separate departmental systems/spreadsheets/access databases in favor of a single system that connects the City’s financial and non-financial applications through a common database u Streamline business processes to take advantage of best practices through automation, integration, and workflows u Provide a user-friendly and intuitive user interface to promote system use and productivity u Eliminate or reduce redundant data entry u Eliminate or reduce the need for manual input when preparing various financial documents, including the annual budget and preparation of the Comprehensive Annual Financial Report u Improve and/or provide necessary reports and reporting capabilities and access to data through inquiry or drill down capabilities u Provide interface capabilities with third-party systems (For example, OpenGov, Paymentus etc.)