Finance Systems Network

The Finance Systems Network is an initiative of Higher Ed Services, comprises six Universities, working collaboratively on issues relating to financial business processes and finance systems.

Each of the universities currently participating use Oracle Financials, however the network is able to establish breakout systems group to cover off alternative systems discussions, e.g. Finance One, etc, as required.

The Group continues to address Callista Student System, Talent2 HR, Callista Research and Oracle Financials interfaces and acts in an advisory capacity for new products and services such as eprocurement systems and self-service expenses.

The Finance Sytems Network forms an important network of Finance Systems professionals who are able to address business process issues and develop innovative projects associated with financial systems and requirements. To promote these networks an annual conference is sponsored by the Group focussing on topical issues in Finance and Procurement.

The Finance Systems Network will be seeking to establish a number of focus/interest groups in the area of university financial management. The Group endeavors to develop wider collaboration opportunities to benefit the Higher Education sector.

Business Objectives

1. To work collaboratively sharing information and experiences to obtain better value from institutional best practice in financial management and finance systems in higher education.
2. To promote professional networking amongst finance and resources professionals in the higher education sector through an annual national conference, workshops and forums.
3. To identify important issues in university financial management, systems functionality, business intelligence, reporting and budgeting processes which have the potential to be remedied by collaborative projects and cooperation.
4. To work collaboratively with other HES Groups (HRIS, Student Systems and Research Groups) to encourage the development of efficient standard interfaces between those systems and finance systems.
5. To encourage debate on such issues as the impact of environmental issues on future financial management in higher education.