2025-2029 Capital Improvement Plan
ERP System 2025 thru 2029 Capital Improvement Plan Shakopee, MN
Project #
IT-25-012
Project Name
ERP System
Total Project Cost
$255,000
Contact
I.T. Director Equipment
Department
I.T. Internal Service Fund Equipment: Computers
Type
Category
Priority
2 Important-Provide Efficiencies/Return on Invest
Status
Active
Useful Life
15 years
Fund
I.T. Internal Service Fund
Project Code
IT2411
Description Oracle Cloud replaces various applications currently used and will be a fully-integrated human resources, payroll and general ledger with built in workflows (time entry/accounts payable/on boarding/etc.), budgeting, financial reports and dashboards. The one-time implementation cost covers the additional support to transition from the current software along with the initial buy-in cost.
Justification Shakopee is a member of the LOGIS consortium which provides technology solutions and support for local government members. The consortium recently completed an 18 month process researching, evaluating and selecting a new enterprise resource planning (ERP) system provider to replace the finance and human resources software. The Oracle Cloud ERP system is a top tier cloud based solution and includes guaranteed pricing over the next ten years at rates below what the City would be able to obtain on an individual basis.
Expenditures
2025 2026 2027 2028 2029
Total
Equip/Vehicles/Furnishings
255,000 255,000
0 0
0 0
0 0
0 0
255,000 255,000
Total
Funding Sources
2025 2026 2027 2028 2029
Total
I.T. Internal Service Fund
255,000 255,000
0 0
0 0
0 0
0 0
255,000 255,000
Total
Budget Impact Funding for the implementation cost was included in the 2024 budget and will be transferred and carried forward in the I.T. Internal Service Fund..
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