July 14, 2024

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San Francisco Condition College Moves Fiscal Planning to Oracle Cloud

San Francisco State University (SFSU) has productively moved its fiscal procedures to Oracle Fusion Cloud Company Performance Administration (EPM). With Oracle Cloud EPM, SFSU’s finance staff gains the transparency and versatility essential for much more exact planning, budgeting, and forecasting. The improved procedures will assistance to increase agility, improve insights and enhance business conclusion-building across the firm.

“The foundation we’ve developed with Oracle Cloud EPM for our budget procedures has enabled us to promptly adapt to unanticipated circumstances, in particular when constructing budgets and monetary options for the coming yrs,” stated Bernice Yeh, senior price range analyst, San Francisco State University. We have been equipped to model situations to boost performance, lower threat, and provide our college leaders with the proper information to enable them to make educated choices.”

Working with Oracle and implementation spouse General performance Architects, SFSU moved its money reporting, analytics, budgeting and forecasting to Oracle EPM Cloud, with the last module heading live in November 2020.

“San Francisco Condition University has been in a position to get benefit of Oracle’s Circumstance Modeling, especially in coordination with the rest of the option,“ stated Tyler Feddersen, EPM director, Performance Architects “SFSU proceeds to model out situations to current to faculty leaders. As soon as a path has been made a decision, the price range procedure serves as a user-driven respond to to the current goal(s).”

Possessing taken out monotonous manual processes, SFSU’s budget business office can now adapt speedily to switching financial situations with easy and insightful reporting and analytics. Finance leaders also have the capability to boil insights down to placement-stage detail to extra proficiently deal with staff and enhance budgets. Oracle Cloud EPM’s situation modeling capability enables SFSU to test a vary of scenarios and assess possible responses, and build a 10-year strategic prepare.

“Higher education and learning companies are experiencing a distinctive problem, navigating entire or partial campus closures when attempting to retain learners in an on the internet business enterprise design,” stated Hari Sankar, group vice president of EPM product management, Oracle. “With Oracle Cloud EPM, SFSU’s finance crew can speedily report, gain real-time business insights, and properly forecast revenues and liquidity to make greater business enterprise choices. While really relevant in the latest small business setting, these abilities will also strengthen efficiency and make sure the university can rapidly answer to potential difficulties, no matter what they may perhaps be.”

Learn additional about Oracle Cloud EPM and Oracle Bigger Instruction goods here.