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