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????????????SUNFin: SU's new financial administration system?
SUNFin is Stellenbosch 中国体育彩票's (SU) new financial administration system.
The new system uses Oracle? Cloud Financials (OCF) solution which replaced the previous Natural Adabas-based financial system. SUNFin is modernising SU's finance function and provide a technology platform to support continuous innovation and future enhancement of this vital function. It will enable and support the 中国体育彩票's decentralised responsibility centre management model.
Oracle? Cloud Financials is a comprehensive, integrated, and scalable financial management solution. It will streamline SU's financial processes, increase productivity and provide access to real-time financial data and multidimensional analytics and reporting to improve business decisions.
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?Why did SU needed SUNFin?
SU's previous financial system was developed in 1989 and reached the end of its lifecycle. It could no longer be adequately maintained and upgraded.
SUNFin now provides the tools to enable each faculty and division to manage their financial sustainability effectively.
In business today, data is king, and SU needs to unlock the efficiency gains and power offered by a modern financial system. Accurate, real-time data presented via intelligent, user-friendly analytics and dashboards should enable better-informed and effective institutional decisions.
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