Dynamic university upgrades to Higher-Education Sector Best Practice Financials and Purchasing

Since its creation in 1992, the Midlands-based university has evolved into one of the U.K.’s most dynamic, progressive, and adaptive learning institutions. With 16,000 full and part-time students from a wide diversity of cultures and age groups, the university is renowned for its extensive range of courses at all levels.

Challenges
Replace legacy, standalone, inflexible financial and purchasing. solution with integrated, automated, adaptable applications that can scale to handle increasing revenue growth.

Enforce higher-education sector best-practice to cut cycle times, improve user productivity, and minimize customizations.

Achieve a fast, cost-effective go-live with rapid user adoption and seamless migration from legacy tools without loss of data.

Solution
Evaluated financial and purchasing solutions from Oracle and a leading specialist IT solutions provider to the education sector.

Rated Oracle as delivering better long-term value for its in-depth functionality, user-friendly look and feel, and greater scalability.

Commissioned Oracle Certified Advantage Partner Patech Solutions for the implementation following recommendation by Oracle for its successful track record in implementing Oracle Financials and Purchasing solutions for education sector clients.

Preferred Patech for its pre-configured higher-education specific processes, already used by other UK colleges and universities.

Leveraged Patech’s education best-practice template to go live in seven months, cutting 50% off the standard implementation time, and meet 95% of needs out of the box without customization.

Generated quick wins and rapid time to value by using Oracle’s integrated, Web-enabled financial and purchasing applications to automate and streamline tasks previously carried out manually.

Capitalized on assistance from Patech to transfer opening and closing balances seamlessly to Oracle after a short parallel run and received complimentary report from external auditors.

Benefited from Patech’s managed service and knowledge transfer to ensure near 100% uptime and unrivalled applications performance while giving the in-house team time to skill up.