What is an Enterprise Resource Planning System 
ERP (Enterprise Resource Planning) software applications act as the central company-wide information system. ERP systems integrate all of an organization’s departments, divisions, lines of business and geographical locations into a single, shared, unified and enterprise-wide information system. The University is an “enterprise” and an ERP solution integrates all functions — student information, human resources, and financial systems — into one administrative system. 

ERP at the University of Miami
ERP at the University of Miami represents a multi-year initiative that will:

  • Align and integrate mission critical enterprise data, information and business processes to support the strategic mission.
  • Replace 20+ year old legacy administrative applications (HR/Payroll, Finance, Student, etc.).
  • Transform business processes through adoption of “Best Practices”
  • Create enhanced reporting capabilities across the University.
  • Enable enhanced self-service capabilities for students, faculty and staff.

What will an ERP do for the University of Miami
An ERP will support business transformation and improved access to data. It will:

  • Integrate and facilitate flow of information across all functions.
  • Act as facilitator for re-engineering of current business practices.
  • Reduce non-value-added work.
  • Support trend analysis and metrics-based decision support.
  • Allow users to:
    • Input data into one system that integrates with other systems.
    • Access data as information reports in real-time environment.
    • Share common data and practices across institution.
  • Provide path for ongoing application enhancements to compete effectively.
  • Transfer need for critical system knowledge and support to vendor.
  • Reduce costs of maintenance and support.