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Financial Systems Needs Assessment New Financial System: Opportunity for Input/Feedback Monthly Research Administrators Meeting November 2009 Campus Validation Status Campus Validation Update • Campus invited to provide feedback on current financial business processes and requirements for new financial system on October 20th – 5000 fiscal staff – 3000 PIs (separate email sent) • Weekly reminders being sent to fiscal staff – PIs to receive 2 reminders (11/9 and 11/30) • You can “opt out” of receiving future emails November 4, 2009 MRAM Meeting 2 Campus Validation Status Source of Processes & Requirements • Peer Research: Used database of higher education financial system requirements as starting point • Interviews: Conducted over 100 interviews with users across campus to understand and document existing business processes • Focus Groups: Held 26 General Ledger Focus Groups to determine what needs must be addressed in a new chart of accounts • Retreats: 225 users participated in retreats to help define requirements for each business area and verify current business processes November 4, 2009 MRAM Meeting 3 Campus Validation Status Did We Get it Right? • Purpose of campus validation: – Receive campus input on current business processes • Effectiveness, need for change, level of automation, dependence on shadow systems, etc. – Receive campus input on requirements for new financial system • Key priorities • Did we miss anything? – Information from campus will be used to select a new financial system for UW • Participation is critical for success November 4, 2009 MRAM Meeting 4 Campus Validation Status Campus Validation –What to Expect • Look for emails with title “New Financial System – Opportunity to …” • Web-based validation tool – Users register and self-select business areas to validate based on experience & knowledge – Descriptions of each business area are provided on registration page • You can “opt out” of receiving future emails November 4, 2009 MRAM Meeting 5 Business Areas Project Scope: Business Areas • • • • • • • • • Fixed Assets Purchasing/Receiving Accounts Payable Travel/Expense Reporting Vendor Management Cost Accounting Service/Recharge Centers General Ledger Grants Management November 4, 2009 MRAM Meeting • • • • • • • • Project Accounting Capital Projects Budgeting Budget Activity Reconciliation Accounts Receivable Debt/ILP Endowment Mgmt. Bank Reconciliation 6 Campus Validation You Don’t Have to Review Everything! • Focus on the areas that impact you the most or that you work with most often – Time permitting, review as many areas as you have expertise in or knowledge about • You don’t have to review everything at once. – You can access the survey tool, review and provide input, save your changes, and come back later – On average it takes about 30 seconds per item to review and provide input. – If you have 15 minutes, you can provide input on 30 or more items and then come back to review more at a later time. • Survey will be open until December 4th November 4, 2009 MRAM Meeting 7 Campus Validation Update Administrator Outreach • Currently meeting with College & School Administrators to encourage unit participation and answer questions – Participation goal – 15-25% by unit • Reports are available that show participation by organization • FSNA team monitoring participation and will reach out to under represented units November 4, 2009 MRAM Meeting 8 Campus Validation Status Campus Validation Update – 10/30/09 • 9 days into the 32 day survey period (28% complete) – 5000 fiscal staff invited to participate • 483 registrants (9.6%) • 110 voted (23% of registrants, 2% of total) – 3000 PIs invited to participate • 5 registrants (<1%) • 1 voted (20% of registrants, <1% of total) – 191Work Group Participants • 54 registrants (28%) • 14 voted (26% of registrants, 7% of total) – 44 College & School Administrators Identified • 18 registrants (41%) • 8 voted (44% of registrants, 18% of total) Nov ember 4, 2009 MRAM Meeting 9 Campus Validation Risk Mitigation Status Project Forums • Want more information about the financial system replacement project? Attend a Project Forum. – Wednesday, November 4th, 12:30 - 2:00pm, UW Tower Auditorium – Thursday, November 5th, 11:00 - 12:30pm, HUB Room 108 – Wednesday, November 18th, 11:00 - 12:30pm, South Campus Center Room 316 – Thursday, November 19th, 9:00 - 10:30am, HUB Room 310 November 4, 2009 MRAM Meeting 10 Campus Validation Risk Mitigation Status Survey Tool Demo and Q&A Sessions • Want to know more about the survey tool we are using? Attend a Demo and Q&A Session – Tuesday, November 10th, 10:30 - 12:00pm, South Campus Center, Room 248/250 – Tuesday, November 17th, 12:30 – 2:00pm, UW Tower, 22nd Floor, Ravenna Training Room – Tuesday, December 1st, 2:00 - 3:30pm, HUB 106b • Currently working on creating Webinar or on-demand demo November 4, 2009 MRAM Meeting 11 Campus Validation Need Additional Information? • Schedule, FAQs and other information is available on the FSNA website – http://www.washington.edu/provost/oim/SPP/FSNA November 4, 2009 MRAM Meeting 12 Campus Validation We Value & Need Input • We want the new system to meet the needs of campus – we can’t achieve this goal without your help – Please participate – Please encourage your unit and staff to participate November 4, 2009 MRAM Meeting 13 November 4, 2009 MRAM Meeting 14