Bruin Statue

Finance Overview

UCLA has experienced remarkable growth since the development of the current financial systems four decades ago. Adopting modern, scalable, cloud-based systems will empower UCLA’s continued growth and the financial operations needed to support it. This initiative will allow staff to focus on the core mission, empowered by up-to-the-minute data and robust reporting capabilities.

What Will Ascend 2.0 Accomplish for UCLA?

  1. Modernize and streamline financial management by replacing the mainframe financial system with Bruin Finance supported by Oracle Financials Cloud
  2. Increase efficiency by retiring dated and redundant financial applications
  3. Enable a more robust planning and budgeting process by migrating from Hyperion to Oracle Enterprise Performance Management Cloud