CGI Inc Secures Contract with Texas Comptroller for Modern Financial System Implementation

CGI Inc has secured a contract with the Texas Comptroller to implement a modern enterprise financial system using CGI Advantage. The multi-year project aims to enhance efficiency and reliability for state agencies and institutions of higher education, processing over 42.7 million transactions annually. This strategic win for CGI could boost its revenue and market presence in the public sector, but the financial implications will depend on the project's execution and cost management.

CGI Inc. has secured a significant multi-year contract with the Texas Comptroller of Public Accounts to implement a modern enterprise financial system using CGI Advantage. The project, announced on August 25, 2025, aims to enhance efficiency and reliability for state agencies and institutions of higher education, processing over 42.7 million transactions annually [1].

The contract involves replacing the state's legacy systems—Uniform Statewide Accounting System (USAS), Texas Identification Number System (TINS), and State Property Accounting (SPA)—with CGI Advantage, a comprehensive Software as a Service (SaaS) enterprise resource planning (ERP) solution specifically designed for government operations [1][2][3].

The new system will include CGI Advantage Financial Management, vendor self-service capabilities, and integration with various state systems. The cloud-based solution is expected to deliver modern reporting, enhanced data analytics, and streamlined processes while ensuring compliance with government regulations [1][2][3].

"This project marks a major modernization of Texas' central accounting system, giving state agencies more efficient, reliable tools to serve Texans," said Acting Texas Comptroller Kelly Hancock [1]. Wes Carberry, Senior Vice-President & Business Unit Leader for U.S. Texas Operations, CGI, added, "CGI is committed to supporting that legacy of reliability with our solution which has been built specifically for government and will preserve the critical functionality that has long served the state—while delivering a modern, more efficient, and user-friendly technology platform" [1].

The contract win strengthens CGI's position in the government ERP market, particularly for statewide implementations. The Texas implementation joins CGI's portfolio of large-scale government financial system deployments, reinforcing their specialized expertise in this sector [2].

For investors and financial professionals, this contract represents a strategic win for CGI, providing valuable recurring revenue streams and potential for future expansions or enhancements to the initial implementation. However, the financial implications will depend on the project's execution and cost management.

References:
[1] https://www.prnewswire.com/news-releases/cgi-selected-by-texas-comptroller-of-public-accounts-to-implement-enterprise-financial-system-302536902.html
[2] https://www.stocktitan.net/news/GIB/cgi-selected-by-texas-comptroller-of-public-accounts-to-implement-3kfvimydjnrz.html
[3] https://www.barchart.com/story/news/34364261/cgi-selected-by-texas-comptroller-of-public-accounts-to-implement-enterprise-financial-system