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The cost avoidance is for up front acquisition, migration, and implementation relative to a quote for another system.  We anticipate ongoing savings in maintenance and fit to our university needs as we are picking up a number of ancillary procurement/finance modules that have been developed and shared by other Kuali institutions.

--Brad

From: Lorie Docken <ldocken@uwsa.edu>
Reply-To: "ldocken@uwsa.edu" <ldocken@uwsa.edu>
Date: Friday, April 19, 2013 9:08 AM
To: "CIO@LISTSERV.EDUCAUSE.EDU" <CIO@LISTSERV.EDUCAUSE.EDU>
Subject: Re: [CIO] Kuali

Brad,
It is great to see the cost avoidance quantified.  
Over what time period did IU save the $20M?




Date: Thu, 18 Apr 2013 19:43:17 +0000
From: "Wheeler, Bradley C" <bwheeler@IU.EDU>
Subject: Re: Kuali

IU did not face any urgency in replacing our financial system, so we were able to do it a few modules at at time.  We first went live with Kuali modules in 2009 and we recently completed our full cutover for all IU campuses (two R1 size and five smaller regionals).

Even as KFS' largest development investor, IU has avoided $20M in administrative costs, and our president announced that today.  We are now electronically routing and approving over 3M electronic documents each year for Kuali, PeopleSoft/Oracle, homegrown, and other vended systems all using Kuali workflow and eDocs.

17 colleges and universities, large and very small, will have cutover to Kuali Financials in 2013, and some of those using commercial affiliates who host it as a cloud service.

IU's announcement is at:
IU saves nearly $20 million with open source financial system
http://newsinfo.iu.edu/news/page/normal/24137.html

An interesting corollary is that next week and in May we'll announce a major expansion of our Supercomputing systems, massive storage systems, and our most advanced undergraduate collaborative learning theater ever.  The KFS Administrative savings more than covered these investments in our core mission.

--Brad
----------------------------------------------------------------------
IU Vice President for IT & CIO, Dean, and Professor
Indiana University,


-- Lorie Docken UW System Administration 608-265-5718 ********** Participation and subscription information for this EDUCAUSE Constituent Group discussion list can be found at http://www.educause.edu/groups/.

********** Participation and subscription information for this EDUCAUSE Constituent Group discussion list can be found at http://www.educause.edu/groups/.

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