As interest in the Kuali Financial System has mounted, CIOs, CFOs, controllers, and departmental managers have sought information about the system and what they can expect from using it on their campuses. This whitepaper addresses many of the questions they have raised—questions that both leaders and staff at other institutions are likely to be asking as well.
Specifically, this paper provides:
- An overview of key design features that are uniquely suited to higher education.
- More information about Kuali Financial System functions and features specific to college and university requirements for: procurement, vendor management, payables, accounts receivable, travel and expense, chart of accounts, effort reporting and certification, capital assets management, encumbrances and commitments, grants and contracts, workflow for routing and approval of transactions, and endowments.
- High‐level information on system architecture and tools. This section covers integration between Kuali Financial System modules; integration with external applications and enterprise performance management systems; technical tools used for integration, development, reporting, data import/export, etc.; technical administration; and other technical considerations.
- Options for providing/obtaining support and the approximate number of support resources required in both technical and functional areas.
- Implementation and support tips from institutions that are using the Kuali Financial System today.
- Two appendices—one providing additional information on Kuali and rSmart and the other providing Kuali Financial System references.
