Transcript fin-ul-02162011

Financials Upgrade
Oracle/PeopleSoft v. 9.1
Financials Unit Liaisons
02/16/2011
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Why Upgrade?
• By upgrading to v.9.1, U-M seeks to:
– Better align with current technology
– Reduce total cost of system ownership by:
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Utilizing vendor-provided functionality
Leveraging new tools, technologies
Improving business processes
Enabling “port back” of features developed for v. 9.2
– Maintain compliance
– Ensure continued technical support from Oracle
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Upgrade Approach
Goals
• Conduct a technical
upgrade; maintaining
current functions/reports,
applying vendor-provided
improvements
• Evaluate enhancements
post-upgrade with
feedback from University
units
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Potential Future
Enhancements
• Apply audit controls
• Apply workflow for
transaction approvals
• Expand use of file-attach
functionality
• Streamline data entry
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Timeframe
• Go-live is August 2011
• August preferred by
campus:
– Year-end close complete
– Slow financial period for
U-M
• Target: “weekend” outage,
four (4) days, Fri - Mon
– Reporting environments
available
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Upgrade Info
http://www.mais.umich.edu/fin/9.1-upgrade.html
• Inform your unit about
this web page
– Initial page contains
high-level info
– Content to be updated
regularly through golive
– Links to resources
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Action Items
• None (at this time)
• Future collaborative opportunities may
include:
– Participating in system testing for v.9.1
– Promoting change management within your
unit
• Ensure RDAs, PS Queries, and BusinessObjects
reports are updated
• Encourage staff to review updated training materials
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ITS Next Steps
• Continue development and testing activities
• Outline change management plan to
campus
• Update the v.9.1 upgrade web site as new
information becomes available
– Promote use of web site as main venue for
upgrade information
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Questions?
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