Financial Close and Consolidation with Oracle Cloud EPM
Oracle Cloud EPM FCCS streamlines financial consolidation, enhancing accuracy and compliance.
November 12, 2024
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PeopleSoft 9.2 Upgrade
Emory University is a leading research university, based out of Oxford, GA with the mission to create, preserve, teach, and apply knowledge in the service of humanity. Emory is recognized internationally for its outstanding liberal arts colleges, graduate and professional schools, and one of the world’s leading health care systems. One of 65 member institutions, the university has been part of the prestigious Association of American universities since 1995.
Currently, Emory has PeopleSoft FSCM 9.0 running PeopleTools 8.51 and they will be upgrading General Ledger, eProcurement, Purchasing, Asset Management, Accounts Payable, Expenses, Accounts Receivables, Billing, Projects, Contracts, Grants, Commitment Control, Cash Management, Deal Management, Risk Management to PeopleSoft 9.2, PeopleTools 8.54.
Emory heavily customized their existing version of PeopleSoft 9.0. The initial implementation, which went live 5 years ago, had multiple Change Management challenges. Parts of the system are still stabilizing from the initial implementation even today. Key decisions from the initial implementation are being revisited as part of this upgrade, including industry best practices being implemented to improve Emory’s business process across every financial department.
The project is currently in the midst of the design phase. The various teams have completed the Fit-Gap phase where they analyzed the existing Current State 9.0 customizations, reviewed new functionality available in 9.1 and 9.2, and reviewed a listing of pain points discovered by Emory during a series of Listening Tours. The various teams then developed Business Cases to support changes in the Future State and presented them to Emory leadership so that the official Project Scope could be set. This was met with unanimous approval by the Emory leadership and the project has continued into design. Elire has also provided strategic business process improvement review and redesign services, as part of this larger upgrade project. The process improvement team will ultimately be completing business process training with Emory project leadership, putting the power in the client’s hands to continue the improvements already achieved during this large undertaking.
Interested in learning more about how Elire can assist your PeopleSoft team? Visit our PeopleSoft Services Page or contact our team at [email protected].
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