Catch more Fintech Insights : Real-Time Payments and the Redefinition Of Global Liquidity
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CGI, one of the world’s largest independent technology and professional services firms, announced the successful upgrade of the City of Austin’s financial management system to CGI Advantage®, a software-as-a-service (SaaS) platform purpose-built for government.
Austin’s move from an on-premise deployment to CGI Advantage includes an upgrade to the latest version of CGI Advantage Financial Management and a transition to a SaaS operating model. The SaaS model provides continuous product enhancements and vendor-managed updates and is intended to support system stability and compliance with evolving requirements.
“This upgrade modernizes the City’s financial management system and supports our long-term commitment to operational excellence and responsible stewardship of public funds,” said Marija Norton, Controller, City of Austin.
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The upgraded SaaS platform centralizes select financial and administrative processes across departments. A key enhancement is the City’s adoption of CGI Advantage grants management functionality, which is designed to standardize grants processing, strengthen oversight and improve reporting capabilities across the City’s grants portfolio.
“Austin’s transition to CGI Advantage demonstrates how SaaS platforms can modernize financial operations while reducing risk and ensuring continuous improvement,” said Wes Carberry, Senior Vice-President & Business Unit Leader, CGI, based in Austin, TX. “The platform provides a future-ready foundation that enhances efficiency and transparency, helping the City better support services for residents.”
Catch more Fintech Insights : Real-Time Payments and the Redefinition Of Global Liquidity
[To share your insights with us, please write to psen@itechseries.com ]
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