Monroe County Wisconsin is upgrading its enterprise resources planning (ERP) system with Tyler Technologies. The county has signed a seven year contract for Tyler’s Munis solution to replace the county’s legacy financial software system. The agreement includes related professional services, training and support.
Monroe County will implement multiple Munis applications, including financial and human capital management applications, which will enhance the county’s reporting capabilities and access to information for employees, elected officials and citizens. The county’s competitive review focused on finding a cloud-based ERP solution from a vendor who doesn’t rely on third-party hosting services — Tyler hosts and manages its SaaS-based solutions from its data centers in Texas and Maine.
The contract is the latest in a big run up on Tyler Technologies. The company announced a 40% increase in revenues during their latest earnings call. Almost 20% of that revenue comes from recurring software subscription contracts like the one just signed with Monroe County. Tyler was recently upgraded to an outperform by analysts at William Blair.
Tyler gives out awards to top users of its software including Munis and recently gave Munis awards to Barrow County School System in Winder, Georgia; Contra Costa County Office of Education (CCCOE) in Pleasant Hill, California, and the town of Queen Creek, Arizona.