Systemwide Cashiering Services RFI

Minnesota State is conducting a market‑research Request for Information (RFI) to gather input for a future competitive Request for Proposals (RFP) for a system‑wide Cashiering and Payment Management Solution. The solution must be a SaaS, highly‑available platform that integrates tightly with Workday Financial Management and Workday Student, supports a wide array of payment methods (cash, check, cards, ACH, campus cards, digital wallets, international payments), and provides robust cashiering, merchant‑management, reporting, and reconciliation capabilities across multiple campuses. The RFI seeks feedback on clarity, completeness, and commercial reasonableness of the drafted requirements and will inform the final RFP. • Mandatory functional areas: Payment Processing, Cashiering Operations, Workday Integration, Auxiliary Operations, Merchant Management, Reporting & Reconciliation, Technical Architecture, Security & Compliance, Hardware support. • Required compliance: SOC 2, FERPA, PCI‑DSS (current version) with audit‑trail, SSO, MFA, role‑based access. • Implementation target: approximately 12 months after contract execution; no award or contract amount disclosed at this stage.