CGI completes implementation of agency-wide financial management system at Department of Justice

CGI’s Momentum standardizes procedures to maximize economical resource administration systems throughout agency

FAIRFAX, Va., Feb. 10, 2022 /PRNewswire/ — CGI (NYSE: GIB) (TSX: GIB.A) introduced the thriving implementation of CGI’s Momentum® as part of the U.S. Office of Justice’s (DOJ’s) Unified Fiscal Management Program (UFMS) application. Working as a shared company, this modernization streamlines units to produce a solitary resource of fiscal and acquisition info for DOJ to enhance its monetary administration performance, strengthen its company processes, and help shipping and delivery of its mission, objectives, and strategic objectives.

CGI’s Momentum® performs a pivotal role as the computer software resolution underpinning UFMS, which merged and changed the Department’s six main economical administration and many procurement programs. By means of this implementation, DOJ gains a one business resource planning (ERP) system to take care of details across all DOJ factors. Particularly, UFMS streamlines and standardizes company procedures and procedures throughout all DOJ factors, furnishing secure, accurate, well timed, and actionable financial information to administration personnel. It also supplies DOJ with consolidated administration information, as effectively as the functionality to meet up with all mandatory needs of the Federal Acquisition Regulation and the Justice Acquisition Regulation.

“For practically two a long time, CGI has made use of its deep expertise of DOJ’s business procedures, accounting, and technologies to serve as the Department’s dependable advisor,” mentioned Clay Goldwein, Senior Vice-President at CGI Federal. “Successful completion of the implementation enables DOJ to think about new ways to enhance enterprise systems as shown by the latest introduction of a unified asset administration resolution supported by CGI’s Sunflower, which will drive successful and economical stewardship of assets for the Section.”

About CGI Federal
CGI Federal Inc., a wholly-owned U.S. running subsidiary of CGI Inc., is dedicated to partnering with federal organizations to deliver remedies for protection, civilian, health care and intelligence missions. Founded in 1976, CGI is amongst the greatest IT and company consulting products and services firms in the world. With 82,000 consultants and other specialists across the globe, CGI provides an conclude-to-finish portfolio of capabilities, from strategic IT and business consulting to methods integration, managed IT and company procedure services and intellectual property alternatives. CGI works with shoppers as a result of a regional marriage design complemented by a global shipping network that will help clients digitally renovate their businesses and speed up effects. With Fiscal 2021 documented earnings of C$12.13 billion, CGI shares are outlined on the TSX (GIB.A) and the NYSE (GIB). Learn extra at cgi.com.

Ahead-hunting info and statements
This press release has “forward-wanting data” in just the which means of Canadian securities rules and “ahead-on the lookout statements” in just the indicating of the United States Personal Securities Litigation Reform Act of 1995 and other applicable United States risk-free harbors. All these types of ahead-wanting info and statements are designed and disclosed in reliance upon the risk-free harbor provisions of applicable Canadian and United States securities legislation. Ahead-looking facts and statements include all facts and statements concerning CGI’s intentions, ideas, anticipations, beliefs, goals, future overall performance, and system, as very well as any other information or statements that relate to potential situations or instances and which do not instantly and completely relate to historical specifics. Ahead-on the lookout information and statements normally but not often use text this sort of as “feel”, “estimate”, “expect”, “intend”, “foresee”, “foresee”, “system”, “forecast”, “task”, “goal”, “seek out”, “strive”, “prospective”, “continue”, “goal”, “could”, “might”, “could”, “should”, and very similar expressions and versions thereof. These information and statements are based on our notion of historic developments, existing ailments and predicted potential developments, as well as other assumptions, both of those standard and precise, that we believe that are acceptable in the circumstances. Such info and statements are, even so, by their very nature, matter to inherent challenges and uncertainties, of which lots of are past the regulate of CGI, and which give increase to the possibility that true success could vary materially from our anticipations expressed in, or implied by, such ahead-seeking data or ahead-on the lookout statements. These hazards and uncertainties include things like but are not limited to: dangers similar to the market such as the level of business activity of our clients, which is influenced by financial problems, and our capability to negotiate new contracts threats linked to our marketplace these kinds of as competitors and our capacity to appeal to and keep competent staff, to develop and expand our companies, to penetrate new markets, and to protect our mental property legal rights pitfalls relevant to our organization these as hazards connected with our growth tactic, like the integration of new operations, financial and operational challenges inherent in all over the world operations, overseas trade hazards, earnings tax legal guidelines, our capacity to negotiate favorable contractual phrases, to produce our products and services and to gather receivables, and the reputational and economical challenges attendant to cybersecurity breaches and other incidents as well as other challenges discovered or included by reference in this push release, in CGI’s annual and quarterly MD&A and in other paperwork that we make public, such as our filings with the Canadian Securities Administrators (on SEDAR at www.sedar.com) and the U.S. Securities and Trade Commission (on EDGAR at www.sec.gov). Until usually said, the forward-on the lookout information and statements contained in this push launch are created as of the day hereof and CGI disclaims any intention or obligation to publicly update or revise any ahead-hunting information or ahead-wanting statements, whether as a final result of new information and facts, potential occasions or otherwise, other than as expected by relevant legislation. While we imagine that our assumptions on which these ahead-hunting data and ahead-looking statements are centered were sensible as at the day of this press launch, visitors are cautioned not to put undue reliance on these forward-wanting information or statements. Furthermore, audience are reminded that ahead-seeking data and statements are presented for the sole purpose of assisting traders and other people in knowing our aims, strategic priorities and enterprise outlook as very well as our anticipated working natural environment. Readers are cautioned that these info may not be appropriate for other needs. Even further information on the dangers that could result in our true success to vary noticeably from our latest anticipations may possibly be observed in the portion titled “Chance Setting” of CGI’s yearly and quarterly MD&A, which is included by reference in this cautionary assertion. We also warning readers that the above-stated hazards and the threats disclosed in CGI’s yearly and quarterly MD&A and other documents and filings are not the only kinds that could have an affect on us. Further hazards and uncertainties not currently acknowledged to us or that we currently deem to be immaterial could also have a substance adverse influence on our monetary posture, monetary performance, funds flows, business or name.

Cision

Check out original material:https://www.prnewswire.com/information-releases/cgi-completes-implementation-of-company-extensive-economic-management-process-at-division-of-justice-301479966.html

Source CGI Federal, Inc.

Minnie Arwood

Next Post

Beijing ready to implement harsher Covid lockdown on Hong Kong

Fri Feb 11 , 2022
Beijing will assistance “formulate and implement” epidemic-management policies to include Hong Kong’s biggest coronavirus outbreak but, increasing the likelihood that harsh lockdown actions routinely enforced on the mainland could shortly be extended to the significantly isolated monetary centre. China’s Point out Council office environment accountable for Hong Kong affairs said that […]