The University of Melbourne sought to simplify, streamline business processes, and revamp procurement using a shared catalogue of 650,000 items.
The University partnered with Infosys to replace core administrative functions, boost productivity, identify the most profitable courses, and unlock A$ 4 million savings. Infosys leveraged Oracle Hyperion Public Sector Planning and Budgeting to drive a business transformation program delivering A$ 70 million savings.
The Solution
Learning: Simplify to be Relevant
Infosys helped the University of Melbourne acquire a strategic business analytics and performance reporting capability. Our solution offers better visibility into financial spend, which enables informed decisions in budgeting and procurement.
The Infosys solution helped the University enhance performance with a significant improvement in staff position management, recruitment, and records management.
Benefits
Our solution consolidated the systems landscape and streamlined business processes.
Unified reporting and financial planning
Our solution offers a comprehensive dashboard, enabling the University to make informed decisions about funding and managing research programs. Nuanced data enables management to gain better visibility into the costs of running courses and student fees.
Automated recurring tasks
Our team leveraged Oracle Data Integrator to automate recurring tasks like roll-forward of balances, baseline data setup, and resource allocation routines to significantly reduce the time and effort of administrators.
Get an integrated view of HR, research, and finance management
- Automation of month-end processes such as balance roll-forward and balance data setups ensured data accuracy and saved over 20% in human effort
- Reduced administrative overheads of the Finance team by 80%
- Unified BI platform for reporting reduced human effort for dashboard maintenance / report generation by 11%
- Accelerated reports generation time by up to 20%
- Ensured a high level of application availability while reducing the cost of infrastructure maintenance by 60%
