Just over a month ago, I was delighted to see this tweet from Boise State CIO and Associate Vice President Max Davis-Johnson:
#BoiseState did their 3rd in 22 months major #Oracle ERP Cloud (finance) upgrade this weekend. When finance system was on-premise - we averaged 1 upgrade every six years. This is #futureproofing - current release and continuous improvement. Living the IT dream.— Max Davis-Johnson (@maxboisestate) May 2, 2018
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.
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:
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.
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:
Join us to learn how you can provide your students with real-time visibility into every aspect of their financial aid.