Financials Upgrade Oracle/PeopleSoft v. 9.1 Financials Unit Liaisons 02/16/20111.

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Presentation transcript:

Financials Upgrade Oracle/PeopleSoft v. 9.1 Financials Unit Liaisons 02/16/20111

Why Upgrade? By upgrading to v.9.1, U-M seeks to: –Better align with current technology –Reduce total cost of system ownership by: Utilizing vendor-provided functionality Leveraging new tools, technologies Improving business processes Enabling “port back” of features developed for v. 9.2 –Maintain compliance –Ensure continued technical support from Oracle 02/16/20112

Upgrade Approach Goals Conduct a technical upgrade; maintaining current functions/reports, applying vendor-provided improvements Evaluate enhancements post-upgrade with feedback from University units Potential Future Enhancements Apply audit controls Apply workflow for transaction approvals Expand use of file-attach functionality Streamline data entry 02/16/20113

Timeframe Go-live is August 2011 August preferred by campus: –Year-end close complete –Slow financial period for U-M Target: “weekend” outage, four (4) days, Fri - Mon –Reporting environments available 02/16/20114

Upgrade Info Inform your unit about this web page –Initial page contains high-level info –Content to be updated regularly through go- live –Links to resources 02/16/

Action Items None (at this time) Future collaborative opportunities may include: –Participating in system testing for v.9.1 –Promoting change management within your unit Ensure RDAs, PS Queries, and BusinessObjects reports are updated Encourage staff to review updated training materials 02/16/20116

ITS Next Steps Continue development and testing activities Outline change management plan to campus Update the v.9.1 upgrade web site as new information becomes available –Promote use of web site as main venue for upgrade information 02/16/20117

Questions? 02/16/20118