CGI completes implementation of agency-wide financial management system at Department of Justice
CGI (NYSE: GIB) announced the successful rollout of its Momentum® software for the U.S. Department of Justice's Unified Financial Management System (UFMS) on Feb. 10, 2022. This implementation merges six core financial and procurement systems into a single ERP system, enhancing financial management, streamlining business processes, and ensuring compliance with federal regulations. The project positions the DOJ to explore new system improvements, including a unified asset management solution.
- Successful implementation of Momentum® for UFMS, improving DOJ's financial management.
- Creation of a single ERP system consolidating multiple financial and procurement systems.
- Enhanced efficiency and compliance with federal regulations.
- None.
FAIRFAX, Va., Feb. 10, 2022 /PRNewswire/ -- CGI (NYSE: GIB) (TSX: GIB.A) announced the successful implementation of CGI's Momentum® as part of the U.S. Department of Justice's (DOJ's) Unified Financial Management System (UFMS) program. Operating as a shared service, this modernization streamlines systems to create a single source of financial and acquisition information for DOJ to improve its financial management performance, strengthen its business processes, and support delivery of its mission, objectives, and strategic goals.
CGI's Momentum® plays a pivotal role as the software solution underpinning UFMS, which combined and replaced the Department's six core financial management and multiple procurement systems. Through this implementation, DOJ gains a single enterprise resource planning (ERP) system to manage information across all DOJ components. Specifically, UFMS streamlines and standardizes business processes and procedures across all DOJ components, providing secure, accurate, timely, and actionable financial data to management personnel. It also provides DOJ with consolidated management information, as well as the capability to meet all mandatory requirements of the Federal Acquisition Regulation and the Justice Acquisition Regulation.
"For nearly two decades, CGI has used its deep knowledge of DOJ's business processes, accounting, and technology to serve as the Department's trusted advisor," stated Clay Goldwein, Senior Vice-President at CGI Federal. "Successful completion of the implementation enables DOJ to consider new approaches to improve enterprise systems as demonstrated by the recent introduction of a unified asset management solution supported by CGI's Sunflower, which will drive effective and efficient stewardship of assets for the Department."
About CGI Federal
CGI Federal Inc., a wholly-owned U.S. operating subsidiary of CGI Inc., is dedicated to partnering with federal agencies to provide solutions for defense, civilian, healthcare and intelligence missions. Founded in 1976, CGI is among the largest IT and business consulting services firms in the world. With 82,000 consultants and other professionals across the globe, CGI delivers an end-to-end portfolio of capabilities, from strategic IT and business consulting to systems integration, managed IT and business process services and intellectual property solutions. CGI works with clients through a local relationship model complemented by a global delivery network that helps clients digitally transform their organizations and accelerate results. With Fiscal 2021 reported revenue of C
Forward-looking information and statements
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SOURCE CGI Federal, Inc.
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