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University of California, Berkeley Supports Research Program Growth With Modern Financial Platform From Oracle

REDWOOD SHORES, CA -- (Marketwired) -- 09/08/14 -- Oracle (NYSE: ORCL)

News Summary
The University of California, Berkeley upgraded to Oracle's PeopleSoft Financials 9.2 and implemented Oracle's PeopleSoft Grants to achieve greater visibility into collections and spending. The new platform will help the university accurately prepare for continued growth in research programs while enabling faculty researchers to plan more effectively and improve program performance.

News Facts

  • The University of California, Berkeley (UC Berkeley), US News & World Report's top-ranked public university in 2014, upgraded its financial management system to Oracle's PeopleSoft Financials 9.2 and implemented PeopleSoft Grants, PeopleSoft Contracts, and PeopleSoft Project Costing to significantly improve and automate business processes that support its research initiatives.
  • The PeopleSoft 9.2 upgrade uses a modern user interface that improves user interactions and workflow processes, helping to streamline the deployment of the grants, contracts, and project costing applications.
  • The upgrade included 30 functional enhancements and reduced customizations by more than 20 percent, thereby cutting the cost and complexity of future upgrades.
  • Huron Consulting Group, a Platinum level member of Oracle PartnerNetwork (OPN), partnered with UC Berkeley throughout the implementation and completed the upgrade work stream of the project under budget and three weeks ahead of schedule.
  • With the upgrade completed, UC Berkeley deployed PeopleSoft Grants in July 2014 to achieve better integration with PeopleSoft Financials, enabling faculty researchers and administrators to track grant award milestones, monitor spending and expenses to ensure they stay within billing limits, meet sponsor reporting deadlines, and accelerate invoicing for a system that managed more than $700 million in research funding in 2012-2013.
  • UC Berkeley plans to add functionality through 2015, including new user interface enhancements, an integrated student system designed to deliver a single source of student data, and improved data for the university's business intelligence initiative.

Supporting Quotes

  • "Through our upgrade to Oracle's PeopleSoft Financials 9.2 and implementation of PeopleSoft Grants, UC Berkeley achieved significant user experience improvements," said Delphine Regalia, assistant vice chancellor and controller, UC Berkeley. "The intuitive interface allows for easier navigation, providing finance department users and researchers with access to focused content that helps them perform their jobs more efficiently. The upgrade project team worked closely with Huron Consulting Group and Oracle to significantly reduce customizations by taking advantage of new features in 9.2. This can lower the cost of ownership by reducing the in-house maintenance effort and the test cycle times required to stay up to date with current releases."
  • "We are delighted to work with UC Berkeley to simplify its administrative processes so it can focus on its core education and research objectives," said Cole Clark, global vice president of education and research, Oracle.
  • "As a leading academic and research institution, UC Berkeley was focused on deploying a more integrated financial management system and taking advantage of the latest functionality available from Oracle. We enjoyed working with the team at Berkeley to complete the upgrade and implementation of PeopleSoft Grants and deliver significant process and system improvements for the campus," said Jason Moebius, managing director, Huron Consulting Group.

Supporting Resources

About Oracle
Oracle engineers hardware and software to work together in the cloud and in your data center. For more information about Oracle (NYSE: ORCL), visit www.oracle.com.

Trademarks
Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

Contacts:
Katie Barron
Oracle
+1.703.364.2448
Email Contact

Janice Clayton
O'Keeffe & Company
+1.443.759.8151
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