UNIVERSITY OF ARIZONA

The University of Arizona current financial system no longer meets the needs of our University. To achieve modern efficiencies in today's world of fast-moving changes, we are exploring a more robust Software as a Service (SaaS - cloud-based) financial system that will provide the University increased financial clarity, a more standardized and robust Chart of Accounts, and more modern and streamlined business processes... We are excited to share the contract negotiations with Oracle America are now complete, and their product, Oracle ERP Cloud, has been selected as our Financials Modernization solution. This new system will allow us to streamline our business processes, reduce complexity, and allow us to be nimble with real-time data. The next stage in the procurement process is to issue a Request for Proposal (RFP) for an implementation partner to assist us with the transition from Kuali Financials.