The University of Melbourne has elected local service providers Oakton and Assist to provide implementation services for the rollout of the financial component of the Oracle E-Business Suite.
The university will replace its legacy financial system and underlying infrastructure with Oracle's finance solution along with Oracle9i Real Application Clusters and Oracle9i Application Server.
The aim of the new administration system is to ensure that the autonomous units within the University of Melbourne all have access to the same information and personalised applications through a common infrastructure.
According to John Julian, director of the University Systems Project, the new infrastructure will result in significantly reduced operating costs.
"Currently many departments have their own shadow systems, either in Excel spreadsheets or small custom-built applications, which require a lot of duplicated resources. We anticipate that the need for these shadow systems, along with the costs it takes to manage them, will largely disappear once the complete Oracle system is up and running."