Summary
Minnesota State issued a market-research Request for Information (RFI) to gather vendor input for a future competitive RFP to replace its disparate cashiering and payment management systems across 40+ colleges and universities. The RFI requests vendor feedback on a SaaS-based solution that integrates with Workday Financial Management and Workday Student, supports multiple payment methods and cashiering operations, and meets security/compliance standards (SOC 2, FERPA, PCI DSS). Respondents are asked for non-binding rough-order-of-magnitude cost estimates and comments on requirement clarity and feasibility; an approximate 12‑month implementation timeline is noted for the eventual solution.