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HomeMy WebLinkAboutFIN-07-075 - Corporate Integrated Financial System (CIFS) & Infrastructure Management System (IMS) Vendor Selection UpdateReport To: Councillor B. Vrbanovic, Chair, and Members of the Finance and Corporate Services Committee Date of Meeting: June 18, 2007 Submitted By: Pauline Houston, General Manager of Financial Services & City Treasurer Prepared By: Dan Chapman, Director of Financial Planning & Reporting Dwayne Quinn, Director of Utilities Rosemary Upfold, Director of Accounting Ward(s) Involved: All Date of Report: May 31, 2007 Report No.: FIN-07-075 Subject: CIFS / IMS VENDOR SELECTION UPDATE I r 1 For discussion Council has previously approved business cases and budgets for the implementation of a new Corporate Integrated Financial System (CIFS) and an Infrastructure Management System (IMS) for the City. The joint request for proposals for these two systems closed on May 7, 2007 and staff are in the process of concluding demonstrations with the short listed vendors. This report has been prepared to: • update Council on the status of the vendor selection process; and • confirm Council's expectations with respect to information required to facilitate Council's final award decision. �014 History of CIFS Project In December 2005, staff presented Council with a project proposal for a CIFS. A full business case for the project was then developed and presented to Council in December 2006. Total funding of $3.93 million has been approved for the project in the capital forecast. Highlights of the benefits of the project include: • Process improvements resulting in increased timeliness of information and reduction of errors; • Higher level of service with respect to retrieval time of detailed information • Improved integration with other corporate systems/databases; • System compliance with current technological standards at the City of Kitchener resulting in improved support, allowing for easier updates and improvements to the system; • Improved reporting resulting in better and more timely management decisions; • Reduction of manual processes, duplicate record keeping and data entry; and • Increased reliability and traceability of information. Many of these benefits directly support the current strategies identified in the City's Corporate Plan, the Strategic Directions for Finance and Financial Services internal Business Plan. The following vendors have been short listed for the CI FS project: • Focus • PeopleSoft (Oracle) • SAP (IDS Scheer) History of IMS Proiect Starting in the mid 1990's, the former Public Works department worked with a local consultant to develop customized software to support work processes and asset management in the department. While use of the system enabled some improvements in some areas, the full functionality and implementation contemplated for the system was never achieved. In 2004, the consultant unilaterally decided to exit software development leaving a system with differentiated implementation, a lack of functionality and an inability to enhance the system. In November 2004, the IMS Steering Committee sought and received approval from Council for the replacement of the existing system and budgeted funds of $1.95 million are allocated. A new system would achieve further functionality and complete implementation for the original targeted divisions plus Facilities Management. While the original RFP was prepared for distribution in the summer of 2005, it was decided to defer the request to ensure corporate integration design. Subsequently, it was decided to send out the RFP for IMS jointly with the CI FS RFP to ensure the appropriate interfaces between the two systems. While preparing the joint RFP, capital asset accounting requirements for municipalities were passed by PSAB. The passage of time and the concerted effort of staff have resulted in the opportunity for IMS to be the foundation to be built on by the CI FS system, creating an integrated system to meet provincial PSAB requirements and compliance with pending financial accountability for water & wastewater systems. The following vendors have been short listed for the IMS project: • Maximo (Createch) • SAP (IDS Scheer) • SPL (Oracle) 2 Linkages to PSAB 3150 (Tangible Capital Assets) Project Subsequent to the approval of PSAB 3150 by the Public Sector Accounting Board in 2006, staff ensured that the asset reporting requirements were integrated into the CIFS and IMS projects. The following steps have been taken to ensure the alignment of PSAB requirements with other financial and work management processes: • A consultant was retained to develop systems requirements for capital asset reporting that were included in the RFP's for the two systems; • The PSAB 3150 Steering Committee Chair and Project Manager have been included on the CIFS/IMS joint Steering Committee; and • A substantial review of capital asset business processes was undertaken to ensure that capital asset reporting processes are aligned with the approach to managing assets and that there is not duplication between the systems. Next Steps The following deadlines are proposed for the remaining aspects of the vendor selection process: • Vendor demonstrations complete — June 19 • Clarification/follow-up with vendors — July 6 • Completion of first phase of project risk assessment — July 30 • Finalize award recommendation — August 3 • Report to FCSC/Special Council — August 13 • Completion of contract negotiation — October 12 As indicated, staff proposes to bring forward a recommendation to FCSC on August 13, followed by Special Council on the same day. This is suggested in view of the fact that the next regular Council meeting is not until August 27. Holding off on ratification to this date would delay proceeding with contract negotiation by two weeks, ultimately delaying the overall implementation schedule. Staff may request a special meeting of Council in July to consider an award recommendation in the event that the selection process proceeds well ahead of schedule. However, this is not anticipated as being necessary at this time. Project Oversight The following controls have been established to provide project oversight and peer review: • Steering committee — A joint Steering Committee has been established, consisting of the GM of Financial Services and GM of DTS, the Project Chairs (report authors), and the Director of IT. The committee is supported by the three individual Project Managers, along with a joint Project Manager who is responsible for overall planning and coordination. • Review of requirements — A firm was retained to review the requirements outlined in the RFP and provided valuable feedback which led to refinements in content and process. • Ongoing risk assessment — In recognition of the significant risks associated with major systems implementations as well as the high project failure rate, a firm has been retained to provide risk assessment services for the duration of the contract. 3 Specifically, the consultant is responsible to assess risks to successful completion, review the project management process, review vendor contracts from a risk perspective, verify the accuracy of project reporting, debrief the project upon completion, and recommend risk management strategies. This consultant is accountable to the City's Internal Audit Steering Committee. • Independent total cost of ownership evaluation — A firm has been retained to provide an independent assessment of the total cost of ownership for the top two vendors. This will ensure that the Council is presented with a fully-evaluated, independently-assessed cost when making an award decision. • Legal review of vendor contract — a technology lawyer will be retained by the City Solicitor to review the vendor contract. This firm will work with the risk assessor to ensure a comprehensive review and avoid duplication of effort. n tn. i i v tn. rn h I tn..q Staff intends to bring the following items forward to facilitate Council's award decision: • Recommendation for preferred vendor • Results of the evaluation process highlighting some of the major factors that contributed to the recommendation with an explanation of the evaluation process • Total cost of ownership evaluation with comparison to approved budgets Staff would appreciate Council's direction at this time if any additional information is likely to be required, so that it may be prepared in advance of the Committee meeting. FINANCIAL IMPLICATIONS: As discussed above, a total budget of $5.88 million has been approved for the implementation of the CIFS and IMS applications. An independent total cost of ownership evaluation is currently underway, and a comparison of cost to budget will be supplied as part of the award recommendation. Council has approved businesses cases and budgets for the implementation of new CIFS and IMS systems. The selection process is nearing completion, and staff is seeking to confirm Council's expectations with respect to information required to facilitate the final award decision. Pauline Houston, CA General Manager of Financial Services Chair, Joint CIFS/IIMS Steering Committee Dwayne Quinn, MBA, P.Eng. Director of Utilities Chair, IMS Steering Committee M Dan Chapman, CA Director of Financial Planning & Reportin PS•B 3150 Steering Committee Rosemary Upfold, CA Director of Accounting Chair, CIFS Steering Committee