SUBJECT:
title
Approval of a resolution authorizing the President & CEO, or her designee, to finalize and execute a contract with DLT Solutions, LLC to provide Oracle Fusion Cloud Licensing renewal in support of our Oracle Enterprise Resource Planning (ERP) system, with a base term of one (1) year and three (3) option years, in a total amount not to exceed $2,886,858.
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FISCAL IMPACT:
Funding for this action is available in the FY2025 Operating Budget.
STRATEGIC PLAN:
Strategic Goal Alignment:
? 1. Customer ? 2. Community
? 3. Workforce ? 4. Organizational Effectiveness
EXPLANATION OF STRATEGIC ALIGNMENT: As part of our strategic commitment to fiscal responsibility and operational transparency, renewing our Oracle Fusion licensing is essential to maintaining the stability, security, and efficiency of our core financial and human capital operations. These platforms are foundational to managing payroll, compliance, procurement, financial reporting, and workforce planning across the organization.
BUSINESS CASE: Renewing our Oracle Fusion Financials and HCM licensing ensures continued support for mission-critical financial and HR operations as well as updates, security patches, and Oracle's technical support, minimizing risk and avoiding the significant cost and disruption associated with platform migration or unplanned downtime. Licensing renewal represents a planned and budgeted operational expense. Non-renewal would necessitate a costly and time-intensive transition, with potential impacts on business performance and compliance.
COMMITTEE RECOMMENDATION: The item will be presented to the full Board on July 28, 2025.
EXECUTIVE SUMMARY: CapMetro has successfully deployed a comprehensive suite of modules within Oracle Fusion, covering Financial Management, Human Capital Management, and Payroll. Renewing Oracle Fusion Financials and HCM licensing is critical to maintaining uninterrupted access to the sys...
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