A: Yes. Several years ago, senior leadership set a direction to replace our on-premise enterprise systems with cloud-based systems. During Phase 1, we considered the only two viable cloud-based options: Oracle Cloud Financials and Workday Financials. After evaluating our options in Phase 1, it was determined that Workday Financials meets nearly all of our requirements and provides the added benefit of integrating with Workday HCM, which has already been deployed. The FST project team is continuing due diligence efforts in Phase 2 – Readiness, to ensure that Workday Financials will meet our needs and enable us to transform finance at UVA.
We are currently running a pilot of Adaptive Insights, Workday’s budgeting and planning tool, with Arts & Sciences, Curry, and Batten, and we will continue to evaluate it along with Anaplan as a possible fit for UVA. Want to know more? Catch up on this topic in the community!