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: Consolidates information, links processes and functions, and eliminates 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 Streamlines business processes to take advantage of best practices through automation, integration, and workflows Provides a user-friendly and intuitive user interface to promote system use and productivity Reduces or eliminates redundant data entry Reduces or eliminates the need for manual input when preparing various financial documents, including the annual budget and financial statements Improves and/or provides necessary reports and reporting capabilities and access to data through inquiry or drill down capabilities Provides interface capabilities with third-party systems