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Haverford College is revolutionizing its financial management by replacing a 30-year-old legacy system with the state-of-the-art open-source Kuali Financial System (KFS). This initiative addresses the limitations of the outdated technology and provides enhanced budgeting, reporting, and operational capabilities. By choosing an open-source platform, Haverford minimizes licensing costs and fosters community collaboration. The project began in September 2011, with a go-live date planned for July 2012. Key project members include Mike Casel (executive sponsor) and project managers Spencer Golden and Kathi Ruffin.
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Haverford eKuality Project Replacement of 30-year old Legacy Financial System with State-of-the-Art Open Source Higher Education Financial Management Enterprise System
eKuality – Why ? • Current system (Admin) was custom built 30 years ago • Built on old green screen technology • No longer meets the College’s financial management, budgeting, or reporting needs • Board of Managers tasked Business Office and IITS to put in a robust financial management and accounting system. • Offers huge operational and reporting benefits to the College
eKuality – What ? Enterprise Software for Higher Education by Higher Education Sustains and evolves Administrative software for Institutions of Higher Education. Open Source – No software licensing or maintenance costs. Not beholden to corporate owners Open Community – Existing members contribute back to all Modular and Scalable – pick and choose the functionality needed.
History of Kuali Launched in 2004 by Indiana University, University of Hawaii, and NACUBO Received funding from Mellon Foundation in 2005 First System Completed was Kuali Financial System (KFS) in 2006 Currently 11 Institutions Using KFS in Production Haverford will be the first small Liberal Arts College running KFS – we will be a leader for many to follow
eKuality Project Details • New Chart of Accounts • Modules • General Ledger • Contracts and Grants • Purchasing and Accounts Payable • Budget Construction • Impact on College Users
eKuality Project Timing • System selection completed last summer – unanimous choice • Project started in September, 2011 • Project Planning Phase Completed Nov. 23 • Project Implementation Phase began last week • Training for all users in June, 2012 • Project Go-Live planned for July, 2012 • Includes Chart, G/L, Grants, Purchasing, A/P • Budget Construction Go Live in Fall 2012
eKuality Project Team Executive Sponsor – Mike Casel Project Managers – Spencer Golden & Kathi Ruffin Project Team Members – Business Office staff, IITS staff, Purchasing Office staff Subject Matter Experts – from across campus Implementation Partner – Navigator
Questions ? 12/5/11 8