Title
Resolution to Approve a Purchase Order to New World Systems for Financial System Annual Software Support and Maintenance Agreement ($64,040.00)
Memorandum
Attached for your review and action is a resolution to approve the annual software support and maintenance agreement with New World Systems for the City’s financial system software, used for budgeting, invoicing, accounts payable, financial tracking and reporting for FY2012 in the amount of $64,040.00.
The New World Systems for Financial System has been instrumental in allowing business units to systematically manage and control spending. The system allows for monthly reporting and workflow routing for approvals of accounts payable invoices, accounts receivable, purchases, etc. The budgeting software has allowed employees, administration, and management to track, process, manage, and review the City’s budget from the beginning of the budget planning process through the approval of the new budget. It is imperative to maintain the agreement with New World Systems to receive application updates, and maintain support.
This is a planned and budgeted expense in the FY2012 Information Technology Services Unit budget.
New World Systems received Human Rights and Living Wage compliance approval on January 18, 2011.
Staff
Prepared by: Daniel Rainey, Director, Information Technology Services Unit
Reviewed by: Tom Crawford, Financial and Administrative Services Administrator and Chief Financial Officer
Approved by: Steven D. Powers, City Administrator
Body
Whereas, The City of Ann Arbor has seen significant improvement in data management, financial services and budget control since the implementation of New World Systems Financial System;
Whereas, New World Systems is the provider of New World Systems Financial System software support and maintenance, software updates and upgrades. Annual support and maintenance agreement with New World Systems is necessary to receive application updates and mainta...
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