About the Customer
One of the largest universities in the United States, The Ohio State University is a leading research university and the model for Ohio's public higher education institutes. Founded in 1870 as a land-grant university, it consistently ranks as one of the top public universities in the United States. The main campus is located in Columbus, and regional campuses are located in Lima, Mansfield, Marion, Newark and Wooster. The Ohio State University, a top U.S. university with approximately 30,000 employees and 65,000 students, recently selected Workday Financial Management.
Scope and Challenges
Universities across Ohio and the nation have recognized the importance of real-time, actionable data in the pursuit of access, affordability, and excellence. In surveys of efficiency committees at Ohio’s public colleges and universities, the systems that provide this data were often named as key tools that could enhance operational excellence.
Ohio State chose Workday after a comprehensive, competitive process, which included a year-long review of possible systems by university employees with a wide range of financial roles. By improving the system, the university will reap three main benefits:
Outcome and Implications
Given the wide scope of activities and data connected to the system, the transition will involve the entire university, including the Wexner Medical Center.
To enhance the power of the new system, Ohio State’s project team will embark on a collaborative process to simplify and standardize processes across the university. The team will be sharing more information about that process in the next few months.
“With the move to a cloud-based system, we have the opportunity to truly change how we support the university. This strategy significantly improves the ability for users of the university’s financial system to quickly enter information, process transactions, and extract insights from data.” -said Mike Hofherr, Vice President and Chief Information Officer at The Ohio State University.
“Workday equips Ohio State with a modern, flexible finance system that administrators and academic leaders expect in today’s fast-paced and dynamic higher education market. By combining industry best practices with greater visibility into real-time data and analytics, administrative and academic leaders will be able to make more strategic decisions that increase efficiencies across university operations.” -said Mike Duffield, general manager, Education & Government at Workday.
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