BUSINESS Polytechnic Universal College of Learning (UCOL) has purchased JD Edwards’ OneWorld Xe enterprise software in a deal that will see a new financial system up and running in less than four months. Set to go live in November, OneWorld Xe Financials and Procurement will replace a financial system called Real Time and will be accessed by up to 25 concurrent users across UCOL’s four lower North Island campuses.UCOL financial controller Darryl Purdy says OneWorld Xe will provide UCOL with a single window into its enterprise information, by consolidating disparate accounting functions and providing better integration with its Progress-based student management system, Promis.“We are running a number of finance functions outside the student management system and want to bring these functions — particularly programme costing, contribution analysis and purchase ordering, which is tightly controlled and linked to our forecasting — inside the system. We will now work faster, reduce double handling and seamlessly transition our commitments into financials.”UCOL has grown on average 12% annually for the past five years and this year incorporated Wanganui Polytechnic, boosting its student enrolments to more than 13,000 and staff to 650.
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