SOURCE: Oracle Corporation

Oracle Corporation

June 30, 2016 08:00 ET

Oracle Cloud Improves Financial Process Visibility and Cuts Upgrade Costs for University of Kansas

REDWOOD SHORES, CA--(Marketwired - Jun 30, 2016) - The University of Kansas (KU) has paired its top-notch educational programs with the technology to advance them. With Oracle Cloud, KU will drive strategic student educational initiatives, focus on operational efficiencies and reduce costs associated with lengthy upgrade cycles.

KU selected Oracle Enterprise Resource Planning (ERP) Cloud, Oracle Business Intelligence Cloud, and Oracle Planning and Budgeting Cloud to integrate with its existing Oracle's PeopleSoft Human Capital Management (HCM) and PeopleSoft Campus Solutions applications.

"We have a strong relationship with Oracle, so they were at the top of the list when we were looking to upgrade and transform our current ERP solution," said Diane Goddard, KU's vice provost for administration and finance. "Oracle Cloud really stood out to us because it is on the cutting edge of innovation, offers us increased functionality, and we can easily integrate with our existing PeopleSoft HCM and PeopleSoft Campus Solutions applications."

With the Oracle Cloud solutions in place, KU will have a complete, modern system that delivers scalability, reliability, and rapid time to value. The university will now have a comprehensive view of its finances across the campus with end-to-end capabilities -- from planning and budgeting to reporting -- enabling the university to gain insight into critical information in real-time with an integrated analytics platform for improved decision-making. KU will also be able to improve the accuracy, efficiency, and consistency of its planning and budgeting processes.

"Oracle is successfully working with major universities, such as KU, to transform their current on-premise platforms to more innovative, flexible, and unified cloud platforms," said Mark Armstrong, vice president, product development, Oracle Higher Education. "With Oracle Cloud, KU is upgrading and integrating with its current systems to create, enrich, and extend its financial processes with less effort and cost."

Moving to Oracle Cloud positions KU to take advantage of the most advanced functionality and features while freeing IT staff from the responsibility of routine upgrades and maintenance.

"Outsourcing day-to-day system responsibilities to the professionals at Oracle allows KU Information Technology staff to focus their time and energy on strategic initiatives that drive institutional excellence," said Eric Freeze, KU IT deputy technology officer.

Oracle Cloud delivers the industry's broadest suite of enterprise-grade cloud services, including Software as a Service (SaaS), Platform as a Service (PaaS), Infrastructure as a Service (IaaS), and Data as a Service (DaaS).

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