Bursar Update - 12th February 2024
Dear colleagues,
I am writing to you today to give you an update on the FinPOST programme. As many of you are aware, our current internal financial systems are dated and no longer suitable for the modern needs of the University. This provides us with a timely opportunity to implement a solution that is better suited to our current and future needs and provides the basis for FinPOST, the programme for the transformation of Finance processes, systems and ways of working.
The FinPOST Business Case has received formal support from the Governing Authority. This news marks a significant step in the programme and is the result of months of work and collaboration between the programme team, colleagues in the Finance Office and those across the wider University. The progress that we have made could not have been possible without the efforts of our colleagues and I would like to thank you all for your contribution so far. I give particular thanks to the Finance Office for their knowledge, skills and expertise, their input has been invaluable.
I must also acknowledge the wider support that the programme has received from across the University.
We are now commencing the next phase of the programme on what is set to be a rewarding journey to transform the University’s financial systems, processes and ways of working.
After much consideration, and consultation with colleagues across the University, particularly those within Finance, we have selected Workday as our new financial system. We look forward to implementing what is a leading practice solution, together with enhanced financial processes and ways of working, to digitise and future proof how we manage finance.
Beginning in February and running into April, we will be holding several workshops that will help us design our new system. We will be asking many of you to collaborate with us in this process, and in future aspects of the programme. We will be contacting you in the coming weeks and months with ways in which you can participate.
We look forward to continuing to work together to create the future of finance in UCD.
If you have any questions please do not hesitate to contact the FinPOST programme team at (opens in a new window)finpost@ucd.ie, Or visit our website at http://www.ucd.ie/finpost
Regards,
David