Financial Accounting System

The State of North Dakota is seeking a cloud‑based Financial Accounting System (FAS) to replace its legacy Microsoft Dynamics GP solution. The contract includes software licensing, full implementation services, data migration, integration with PeopleSoft, custodial data feeds, and ongoing support. The solution must meet federal‑level security (FedRAMP Moderate or equivalent), integrate with Azure AD/Entra ID for SSO, and support extensive reporting and chart‑of‑accounts structures. • Core modules: General Ledger, Accounts Payable/Receivable, Chart of Accounts, reporting, and automated vendor invoice processing. • Required integrations: Northern Trust custodian data, Sagitec NeoSpin pension system, State PeopleSoft ERP, and the companion Data Repository & Analysis System (DRAS). • Implementation timeline: Proposals due mid‑September 2026; contract award expected November 2026; final acceptance and go‑live targeted by end‑2029. • Budget: Estimated total spending $15.5 million (shared across FAS and DRAS); retainage of 15 % on implementation deliverables. • Security & compliance: FedRAMP Moderate, 6‑year log retention, encryption (FIPS 140‑2), domestic data‑hosting requirement, and detailed SLA/penalty structures.