CGI Selected to Enhance Texas' Financial Management
In a major step towards modernization, CGI (TSX: GIB.A, NYSE: GIB), one of the largest independent technology and consulting firms worldwide, has secured a crucial contract from the Texas Comptroller of Public Accounts. The initiative focuses on replacing the state's outdated financial systems with a state-of-the-art Software as a Service (SaaS) enterprise financial system using CGI Advantage®.
Project Overview
Announced on August 25, 2025, the contract aims to supersede the legacy systems, namely the Uniform Statewide Accounting System (USAS), Texas Identification Number System (TINS), and State Property Accounting (SPA). The transition to a comprehensive Enterprise Resource Planning (ERP) solution is designed to create a more integrated and effective financial management environment across all state agencies and institutions of higher education.
According to Kelly Hancock, Acting Texas Comptroller, this modernization effort is pivotal. The upgraded system will empower state agencies with better tools and reliability to serve the residents of Texas effectively. Hancock emphasized that CGI Advantage has demonstrated success in equivalent statewide implementations and is tailored specifically for governmental needs.
Expectations and Impact
The new system is expected to handle upwards of 42.7 million transactions annually, serving around 5,000 users across 225 state agencies and educational institutions. Wes Carberry, Senior Vice-President and Business Unit Leader for U.S. Texas Operations at CGI, highlighted the importance of this project, acknowledging the heavy responsibility they bear in updating the long-standing accounting system that has efficiently processed billions in state payments. Carberry affirmed their commitment to maintaining the reliability of existing processes while delivering a more modern and user-friendly technological platform.
Additionally, CGI's implementation plan includes the CGI Advantage Financial Management solution, which will feature vendor self-service capabilities and integration with various state systems. This cloud-based solution is structured to improve reporting, enhance data analytics, and streamline workflows, ensuring compliance with both state and federal requirements.
About CGI Advantage
CGI Advantage is a unified ERP platform that embodies a crucial blend of contemporary technology and government-focused solutions. It simplifies financial management, human resources, procurement, and business intelligence to meet the unique demands of state and local governments. With more than 46 years of experience in the public sector, CGI Advantage draws from an extensive client community dedicated to innovation.
As CGI implements this transition, it aims to not only upgrade the technological backbone of Texas's financial management but also to bolster the trust and transparency that Texans expect from their government. This significant modernization initiative will inherently strengthen the foundation of public finance in Texas, leveraging CGI's proven history and expertise in governance solutions.
Future Prospects
Looking ahead, CGI’s initiative stands to foster an environment where Texas’ financial management systems are not only modernized but also ensure ongoing accountability and efficiency in serving the taxpayer. As CGI proceeds with this multi-year contract, stakeholders across the state will await the benefits of these enhancements, which promise to make state financial operations more responsive to the needs of Texas residents.
Conclusion
Overall, CGI's engagement marks a transformative era in Texas’s approach to financial oversight and administration, ensuring that the systems in place are as advanced and reliable as the public deserves. For more information on CGI and its services, visit
cgi.com.