GIB - CGI modernizes financial management and procurement operations for City of Los Angeles | Benzinga
Go-live brings digitization to core business processes for the nation's 2nd largest city
LOS ANGELES, July 12, 2024 /PRNewswire/ -- CGI (NYSE:GIB) (TSX:GIB), one of the largest independent IT and business consulting services firms in the world, today announced the City of Los Angeles' successful upgrade of CGI Advantage®, a cloud-based solution that integrates and streamlines the management of financial, procurement, and reporting operations in a modern, unified platform. CGI Advantage is a built-for-government solution backed by years of industry expertise and supplemented by value-added business process services that specifically address the needs of public sector organizations.
"With CGI Advantage, the City of Los Angeles has been transforming core business processes such as commodity invoice processing, year-end accruals, online reporting and other vital functions that support responsible stewardship of our finances," said Ted Ross, Chief Information Officer, City of Los Angeles. "The city also gains the flexibility to introduce new features to the user experience and implement new business rules without costly upgrades which saves taxpayer dollars."
Building on a decades-long collaboration with the U.S.' second-largest city, CGI delivered on time and on budget, its most advanced version of ...