AUSTIN, Texas, April 26, 2021 /PRNewswire/ -- The Higher
Education Systems & Services (HESS) Consortium
Collective has selected Oracle Fusion Cloud Applications
Suite as the group's single enterprise resource planning
(ERP), human capital management (HCM), and student information
system platform. Oracle's cloud technology will enable collective
members to streamline their finance and human resources processes
on a shared technology platform that can help improve efficiency
and cost savings.
The HESS Consortium is comprised of chief information officers,
chief business officers, and other technology leaders from
more than 225 private, non-profit colleges and universities. A
growing group of 57 of the consortium members joined to form the
HESS Collective with a goal to lower costs and increase
collaboration between private institutions in the area of
administrative systems and services. With the help of E&I
Cooperative Services, HESS Collective chief information officers
spent 18 months developing a competitive request for proposal for
cloud-native enterprise solutions. Then, starting in 2019, the
group undertook a 14-month-long evaluation to find a complete and
scalable platform that would be financially sustainable for the
group's small and mid-sized institutions. After reviewing a number
of cloud-native offerings, including Workday and UNIT4, HESS
Consortium's member institutions selected Oracle Fusion
Applications as their single, shared provider.
"Private, non-profit colleges and universities are facing
serious challenges. Their current legacy systems just cannot meet
their needs for operational efficiency, analytics, and cost
containment," said Keith Fowlkes,
Executive Director and co-founder, HESS Consortium. "The HESS
Consortium Collective institutions saw that Oracle Fusion
Applications Suite was the most complete, cloud-native software
available, while also being extremely affordable for all sizes of
institutions. We believe that our selection of the Oracle Cloud
solutions, along with our model of staff collaboration and sharing,
will help our HESS member institutions gain modern functionalities
while lowering costs."
With Oracle Fusion Cloud Enterprise Resource
Planning (ERP), Oracle Fusion Cloud Enterprise Performance
Management (EPM), and Oracle Fusion Cloud Human Capital
Management (HCM), HESS member institutions will be able to
take advantage of the cloud to break down data and organizational
silos, standardize processes, and manage financial, planning, and
workforce data on a single integrated cloud platform. Some member
institutions will also adopt Oracle Advertising and Customer
Experience (CX) and Oracle Student Financial
Planning. Oracle Fusion Applications' common and intuitive
interface enables rapid user adoption, delivers enhanced employee
experience, and improves productivity.
Another key factor was Oracle's ability to collaborate with the
HESS Consortium community in creating a support and resource
network for participating institutions. Oracle
PartnerNetwork (OPN) members Mythics and
Drivestream will help to ensure smooth and cost-effective
procurement, implementation, and training for member
institutions.
"The past year hit higher education hard. But incredibly, many
colleges and universities responded with a spirit of innovation,
eager to rebuild more agile, resilient, and secure institutions,"
said Rajan Krishnan, group vice
president of product development, Oracle. "Moving business
processes to the cloud enables organizations to rapidly optimize
operations, reduce costs, and create new opportunities for growth.
We're thrilled to work alongside the HESS Consortium and its
members as they prepare their institutions for what's ahead."
"This type of project – shared technology operations – has never
been attempted on a national scale because of technological
limitations," said Fowlkes. "With cloud-based technologies, the
shared services model is attainable. Oracle and their partners
offered something that was truly groundbreaking to our private
colleges and universities, and we anticipate this will be a
game-changer in private higher education technology."
About Drivestream
Drivestream is a leading provider of
Oracle Cloud consulting, implementation, and support services for
Higher Education and commercial clients. We are helping many
colleges and universities modernize and transform their HR,
Financial, and Student Management systems to reduce costs, improve
operational efficiencies, and meet the evolving needs of students,
administrators, faculty, and staff for intelligent, mobile, and
easy-to-use services. Since its inception in 2002, the company has
built a reputation in the industry for innovative approaches to
solving complex business and technical challenges. Today, the
Drivestream brand is synonymous with thought leadership, premium
solutions, outstanding value and peerless customer service.
About Mythics
Mythics is a premier, award-winning
Oracle partner with over 20 years of experience offering Oracle
solutions & integration expertise across the full range of
Oracle Cloud, Software, Hardware, Storage and Engineered Systems.
As an Oracle-only partner, Mythics provides a level of focus that
gives us the critical business experience and Oracle technology
expertise needed to ensure our clients' ongoing success.
About Oracle
Oracle offers suites of integrated
applications plus secure, autonomous infrastructure in the Oracle
Cloud. For more information about Oracle (NYSE: ORCL), please visit
us at oracle.com.
Trademarks
Oracle, Java, and MySQL are registered
trademarks of Oracle and/or its affiliates. Other names may be
trademarks of their respective owners.
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SOURCE Oracle