This project aims to configure and deploy Workday’s Adaptive Planning software solution to automate LCPA’s operating and capital cost planning and management processes on a single, integrated “SaaS” platform in the most timely, effective, and cost-efficient manner. LCPA requires a solution that can accomplish the following objectives and required functionalities (i.e., “Base Offer”): Financial Information Management and Analysis ▪ Ability to maintain operating budget details by: o Month and fiscal year o Department, Cost Center, and Fund ▪ Ability to maintain information on LCPA’s 5-year CIP (Capital Improvement Plan), e.g., project scope, estimated cost, duration, funding assumptions, etc. ▪ Ability to maintain individual capital project budget details. o By Project and sub-project o By Project Manager, Sponsor o For both Planned and Active projects, sub-projects o By Milestones (e.g., planning, design, construction, contingency, etc.) o By Fund (e.g., operating, capital, appropriations, etc.), Fund Category (e.g., RSW construction, LCPA discretionary, land sale proceeds, bonds, PFCs, etc.), and specific Funding Source (e.g., grant number, PFC application, etc.) o By Reimbursable Expense type (e.g., construction costs) o By Retainage amount (specific $$ amount, or percentage) Process Automation and Workflows ▪ Provide electronic form and workflows for routing and approval of annual Operating Budget Requests (from Departments) ▪ Provide electronic form and workflows for routing and approval of New Position Requests (from Departments)
