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CGI wins contract for modernization of Colorado State payroll system

Mar. 08, 2017 10:18 AM ETCGI Inc. (GIB) Stock, GIB.A:CA StockBy: Niloofer Shaikh, SA News Editor
  • CGI (NYSE:GIB -0.2%) announced its selection by the State of Colorado for a multi-year contract valued at US$66.2M over 20 years, to modernize outdated, legacy payroll systems that serve more than 30,000 public employees across 21 state agencies and departments.
  • CGI will provide IT services and solutions to replace various manual payroll processes with a unified human resource information system (HRIS) that is efficient, reliable and cost-effective.
  • "The new payroll system will contribute to the state's ability to operate more efficiently and with greater transparency and accountability," said John Manta, Vice-President, CGI. "This award is a tremendous opportunity for CGI to build on our technology accomplishments in the State of Colorado and continue a long-standing partnership in the service of improving vital state systems."
  • Source: Press Release

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