Goals and Objectives
The primary goal of this Project is to deploy the Workday Solution for Financial Management (Finance) and Human Capital Management (HCM). In doing so, the University seeks to implement an Enterprise Solution that is:
- A Human Capital Management and Financial Management Solution with payroll processing; fund accounting functionality in accordance with Governmental Accounting Standards Board (GASB) regulations; and COMPREHENSIVE ANALYTICS included. The Solution will allow the LSU Community to advance the goals and objectives of LSU2015.
- A Sustainable Solution requiring neither an expensive infrastructure nor expensive, complex upgrades. LSU has determined that a Unified, Single Version, Multi-tenant Software-as-a-Service as defined by Gartner is the best path forward for enterprise systems replacement.
- A Single, Unified Solution across all business functions. LSU understands first-hand (i.e., existing systems are Unified) and quite clearly the benefits of this strategy and intends to continue it moving forward.
- A Modern Solution that positions LSU to take advantage of emerging technologies and meets the expectations of stakeholders teaching, learning, living, and managing in a twenty-first century world. (e.g., designed for the cloud, global, natively mobile, configurable, collaborative, workflow-driven, and accessible from the user’s device of choice).
- A Secure Solution that safeguards LSU information, protects the privacy of LSU citizens, and ensures compliance with security-oriented laws, auditing programs, and the highest industry standards (e.g., US-EU Safe Harbor, ISO 27001, and current SOC 1 and SOC 2 reports under the SSAE16 standard).
- A Solution that facilitates Rapid Deployment with an aggressive implementation timeline.