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The Department of FI$Cal (Financial Information System for California) scheduled its second virtual Vendor Day on April 27, themed around software testing tools. The registration deadline for this event is April 18.
Industry members interested in presenting at Vendor Day are obligation to register online and describe how their proposals meet the stated needs for each monthly event. If FI$Cal determines from this information that a proposal is worth exploring, the vendor is invited to pitch virtually. Virtual events are by invitation only and are not open to the public.
At the March 23 kick-off of the scheduled monthly series, eight vendors offered solutions on the themes of governance, risk and compliance (GRC).
“These events are an opportunity for FI$Cal management to learn about information technology (IT) trends, best practices and solutions through dedicated days of presentations to FI$Cal staff. by different suppliers”, indicates the department in its April newsletter. “Vendor Day also gives FI$Cal the opportunity to develop supplier relationships, learn about new technologies and improve productivity.”
By using the virtual format to hear proposed solutions, “FI$Cal is able to increase its ability to provide continuous improvement within the FI$Cal system, while minimizing the impact of meeting multiple vendors throughout throughout the year,” the bulletin read. “This approach will optimize valuable supplier and FI$Cal time,” said FI$Cal’s Chief Information Officer. Toquyen Necklace. “It will cultivate a higher level of collaboration.”
At the inaugural Vendor Day, eight companies pitched their ideas to FI$Cal management and partner staff, including technology tools and frameworks, that would improve the department’s governance, risk and compliance capability .
“The FI$Cal team has provided a list of parameters for a required GRC solution, so suppliers can focus on their needs,” the newsletter reads.
“Setting expectations early on allowed suppliers and the FI$Cal team to focus only on the most important information, saving time for everyone involved,” Collier says in the newsletter. “Vendors came ready to share and explain how their products and services would specifically benefit FI$Cal, ensuring the conversation was focused and productive.”
By registering to present at a monthly event, sellers are asked questions such as whether their business is on the California Multiple Awards Calendars (CMAS); what is the name of the solution and what is its main competence; whether the solution has a cloud component; and, if so, whether it is certified with the Federal Risk and Authorization Management Program (FedRAMP) as moderate or superior.