High-level description
Tyler Technologies offers Munis, their ERP suite for public sector entities. The modules are Munis Financial Management, Munis Human Capital Management, Munis Procurement, Munis Revenue, Munis Tax Billing & Collection, and Munis Utility BIlling CIS. Additionally, the ERP may include and integrate modules from the Tyler suite of education products.
Business impact
What does munis stand for?
Answer
Filters. Pronounced MU-nees, a shortened form for municipal bonds, which are bonds issued by cities and states to cover the government's expenses. Investors in munis don't have to pay federal income taxes on the bonds and are sometimes exempt from state and local taxes as well.
Are munis good?
Answer
Investors who are interested in protecting capital and generating tax-free income might find that municipal bonds are a beneficial investment, says Stuart Michelson, a finance professor at Stetson University. "Muni bonds tend to be lower risk than other sorts of bonds," he says.
Why are munis attractive to investors?
Answer
Municipal bonds can constitute an attractive investment option for conservative, income-oriented investors because the interest income is frequently free from federal, and potentially state, income taxes.
What are investment grade munis?
Answer
Bond ratings are essential benchmarks because they indicate a professional assessment of the issuer's capacity to repay the bond's face value at maturity. Usually, bonds rated BBB (Standard & Poor's and Fitch) or Baa better (Moody's) are considered “Investment Grade,” acceptable for preservation of investment capital.
Free lifetime updates
- Open source design system
- Automated feature upgrades
- Templates
- Security updates
Infrastructure and security
- SSL everywhere
- Automated backups
- Log scanning and alerts
- 24/7 monitoring