Founded in 1897 and situated in New Zealand’s vibrant, entrepreneurial capital city, Victoria University of Wellington (VUoW) is one of New Zealand’s oldest and most prestigious tertiary institutions with a proud tradition of academic excellence. With more than 22,000 students, VUoW comprises three campuses and eight faculties and aspires to be one of the greatest capital city civic universities in the world.
With complex and fragmented legacy systems, models and processes, there was significant replication of work across the university. Planning and budgeting processes were duplicated, with little quality and assurance of data. The university was constantly firefighting to fix budgeting and forecasting issues, with deadlines consistently missed or extended. With no real system integrations, VUoW knew it was time to upgrade. To enable better business planning decisions, VUoW recognised that it needed to seamlessly connect its finance operations with all areas of the business. The educator needed a solution to streamline, standardise and improve its business processes, whilst offering options for future expansion.
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“The solution allows us to see how the university is performing at any given time and helps us respond quickly. The education sector faces significant change — including the way we provision and work. We now have a system that can adapt to changing business needs so we’re confident our processes can change and the system will cope.” — Marianna Nicolaou Associate Director of Financial Operations, Victoria University of Wellington