The document outlines Millennial University's plan for implementing a new Enterprise Resource Planning (ERP) system. It discusses how the current home-grown system is outdated and incompatible. A new ERP system could help the university achieve its goals of increasing access to data, improving workflows, and enhancing technology used by faculty, staff and students. However, implementing a new ERP system would be costly and require extensive training. It would also cause productivity issues during the initial rollout. The document considers key stakeholders, possible ERP vendors, costs, and a proposed two-year timeline for selection and implementation.