Financial Management Software
Location:
Minnesota, United States
Posted on:
Jan 17, 2026
Deadline:
Feb 25, 2026
Summary:
Minnesota agency seeks cloud-based financial management software to integrate and automate finance, reporting, and business processes.
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(1) Vendor needs to provide financial management software– Agency invites proposals from qualified vendors for the provision of an integrated enterprise financial management solution to support finance, AR/AP, fixed assets, grant administration, contract management, and other business–related functions. The solution will either replace or fully integrate with existing systems to meet operational and federal and state reporting requirements. Project Goals and Needs: Automate and streamline business processes across departments; reduce reliance on spreadsheets for tracking capital projects, budget availability, grants, and other reporting needs; provide accurate and timely reporting on agency–wide and departmental budgets; support recording and documentation to track expenses against a project or a grant; integrate with existing payroll, timekeeping, fare collection, point of sale, procurement systems and fleet maintenance management systems. General Systems Requirement: Cloud–based SaaS platform; full integration between modules, including single entry of information; multiple users working in the same module simultaneously and can generate reports against the same data at the same time; test environment for the testing period only, prior to full acceptance; ability to integrate with other platforms and easily import/export data from other systems in formats compatible with Microsoft Excel; security to include MFA, audit logs, PCI compliance backup solutions and retention of data; the system has the ability to support API's for third–party system integration; role–based security and the ability to assign users to multiple roles; align with the agency Uniform System of Accounts (USOA) and MnDOT Blackcoat fiscal reporting and grants to facilitate federal and state reporting; ability to create unlimited customizable fields that are searchable. (2) All the questions must be submitted no later than January 29, 2026. (3) The contract period will be for one year.
