Redwood Shores, Calif. – December 20, 2017 – The Green Mountain Higher Education Consortium (GMHEC) has selected Oracle Cloud Applications to modernize critical finance and human resources business processes to increase customer service levels while reducing administrative costs. With Oracle Human Capital Management (HCM) Cloud, Oracle Enterprise Resource Planning (ERP) Cloud and Oracle Enterprise Performance Management (EPM) Cloud, GMHEC will be able to empower faculty, staff, and students to embrace modern best practices, drive institutional innovation and optimize the overall learning experience.
GMHEC is a collaborative endeavor of three Vermont colleges: Champlain College, Middlebury College and Saint Michael’s College. In order to continue to deliver the best possible student and staff experiences, GMHEC needed to replace its existing legacy on-premises business systems – which rely on manual processes and operate in a silo – with a unified business platform supporting modern best practices, real-time data insights, and transparent reporting across its campuses. After a careful evaluation of competing solutions, GMHEC selected Oracle ERP Cloud, Oracle EPM Cloud and Oracle HCM Cloud to modernize its finance, reporting, procurement, recruitment and on-boarding processes.
“GMHEC aims to create a collaborative environment where we are sharing best practices across all three colleges to directly address rising educational costs and continue to make higher education accessible and affordable to all students,” said Corinna Noelke, executive director, Green Mountain Higher Education Consortium. “Collectively, we selected Oracle as it has a proven history of success in the higher education market, as well as the resources to continue to drive innovation and to allow implementation of standardized best business practices within a single instance for all member colleges.”
With Oracle ERP Cloud, GMHEC will be able to leverage a complete, modern and secure solution to streamline and optimize financial processes. Oracle EPM Cloud will enable GMHEC to strategically analyze data for accurate forecasting. Oracle HCM Cloud will enable the HR teams of the GMHEC schools to spend less time on manual processes and more time on sourcing, developing and retaining top talent through self-service capabilities that empower employees to engage with each other.
“Higher-education institutions are constantly challenged to reduce their administrative costs and optimize business processes in order to meet rapidly changing student and faculty demands,” said Steve Miranda, executive vice president of applications development, Oracle. “With Oracle Cloud Applications, the GMHEC team will be able to improve operational efficiency and increase productivity in order to spend more time focused on the student and staff experience.”
To get the latest news and insights about Oracle ERP Cloud and Oracle EPM Cloud, follow @OracleERPCloud on Twitter or Facebook, @OracleEPMCloud on Twitter or Facebook, or read the Modern Finance Leader blog.
About Green Mountain Higher Education Consortium
The Green Mountain Higher Education Consortium (GMHEC) is a collaborative endeavor of three Vermont colleges: Champlain College, Middlebury College and Saint Michael’s College. The colleges created the consortium in 2013 to create and foster economic efficiencies and improved business and administrative practices across their campuses.
The Oracle Cloud offers complete SaaS application suites for ERP, HCM and CX, plus best-in-class database Platform as a Service (PaaS) and Infrastructure as a Service (IaaS) from data centers throughout the Americas, Europe and Asia. For more information about Oracle (NYSE:ORCL), please visit us at oracle.com.
Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.
The preceding is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described for Oracle’s products remains at the sole discretion of Oracle Corporation.