The Enterprise Resource Planning System should support real-time data synchronization, automation of financial transactions, budget tracking, fund management, artificial intelligence and robust auditing capabilities while ensuring compliance with GASB and Texas Financial requirements, and federal/state grant and contract requirements. System & Technology Requirements A. Integration & Data Interoperability The Financial Management System must seamlessly integrate with existing third-party Procurement/Contract Management, HR/Payroll, and EHR Systems to ensure data consistency and financial accuracy. • API-based integration or middleware solutions for secure, real-time data exchange. • Automated workflows that link financial transactions with external systems, such as purchase orders, vendor payments, payroll processing, and budget adjustments. • SQL-based open platform for full interoperability with third-party applications. • Data warehouse with business intelligence tools.
