Enterprise Resource Planning Accounting and Business Management System

A public utility in Kentucky is seeking a vendor to provide an enterprise resource planning (ERP) accounting and business management system to replace its current Microsoft Dynamics GP platform. The new ERP system must support advanced financial controls, asset management, procurement processes, and regulatory compliance requirements unique to public sector utilities.

The selected solution should modernize core financial management by supporting public-sector accounting standards and multi-fund reporting. It must also enhance internal controls and promote compliance. The utility aims to unify its procurement, purchasing, contracts, and inventory management by replacing standalone systems with a fully integrated module. Additionally, the ERP should facilitate improved capital project and asset management, including tracking capital construction, asset additions, and depreciation, as well as accommodating utility-specific financial needs.

Comprehensive reporting and analytics capabilities are required to provide configurable reports for leadership, the board of directors, auditors, and external stakeholders. The proposed solution should also promote operational efficiency by streamlining manual processes, reducing duplicate data entry, and improving systems integration. Vendors are expected to present implementation methodologies and cost frameworks tailored for public utility environments.