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Advice and Information for Finance Professionals

Keeping Up With the Unique Needs of Higher Education

Lynne Sampson
Managing Editor

Just over a month ago, I was delighted to see this tweet from Boise State CIO and Associate Vice President Max Davis-Johnson:

Future-proofing. Living the IT dream. These are powerful endorsements for the idea of moving finance operations to the cloud.

On-premises ERP systems such as PeopleSoft and Oracle E-Business Suite have served the higher education community well over the past two decades. But true future-proofing requires continuous updates from a cloud provider that is always improving its software with the latest emerging technologies, best practices and capabilities.

That’s what Oracle ERP Cloud provides. And with the recent announcement of automated upgrades, Oracle founder and chief technology officer Larry Ellison calls it “the last upgrade you will ever do.”

Still, organizations dedicated to higher learning have unique needs that go beyond finance and ERP. They need a complete cloud to help them manage every step of the student journey, from application to graduation — and even beyond, to alumni fundraising.

With the recent acquisition of Vocado, Oracle can offer a complete cloud portfolio for higher education institutions, including:

  • Recruiting and admissions
  • Personalized enrollment
  • Financial aid management
  • Student account dashboards
  • Analytics-based advising
  • Assessment and outcomes
  • Optimized paths to graduation
  • Improved alumni relations and fundraising

Every institution is competing to attract the best students and demonstrate the best learning outcomes. Student financing is a key determinant of whether a student graduates; when the money dries up, drop-out is virtually guaranteed. Vocado, as part of the Oracle Higher Education Cloud portfolio, lets institutions manage each student's financial aid plan individually, offering a higher chance of student success.

Your Chance to See Student Financial Planning in the Cloud

An upcoming webcast will give you an opportunity to see Vocado in action and learn about its impact on financial aid management. Named one of the top financial aid solutions in a recent Eduventures report, Vocado is being re-branded as Oracle Student Financial Planning Cloud. Attendees to this webcast will learn:

  • How higher education institutions can manage each student’s financial plan individually 
  • How to provide real-time visibility into a student’s entire program across any device, supporting better-informed financial decisions and optimized outcomes
  • How Student Financial Planning Cloud integrates with both cloud and on-premises student information systems (SIS)   

Join us to learn how you can provide your students with real-time visibility into every aspect of their financial aid. 

Register now for the webcast.

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