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University System of Georgia Selects iStrategy for Statewide Financial Data Warehousing Solution

Posted on: Tuesday, 30 June 2009, 10:00 CDT

OWINGS MILLS, Md., June 30 /PRNewswire/ -- iStrategy Solutions ("iStrategy"), a leader in data warehousing and analytic application software for higher education institutions, announced that the University System of Georgia ("USG") has chosen the iStrategy HigherEd Analytics Suite for statewide deployment. Selected in a competitive bid process, the HigherEd Analytics Suite will provide financial data warehousing and business intelligence at 32 of USG's colleges and universities.

The iStrategy HigherEd Analytics Suite is a packaged data warehouse and analytic reporting application designed expressly for higher education institutions. Because it is pre-built specifically for the top three ERP systems most frequently used by higher education -- PeopleSoft, Banner and Datatel -- the iStrategy HigherEd Analytics Suite is installed in days and can be deployed in weeks, as opposed to a year or more required by alternative solutions, and for dramatically less cost.

The University System of Georgia is one of the largest higher education entities in the United States, with an annual operating budget of more than $6 billion. The USG will use the iStrategy HigherEd Analytics Suite to transform masses of PeopleSoft-based financial data pertaining to its 32 colleges and universities receiving state funding into a consolidated data warehouse. The iStrategy data warehouse will enable anyone in the organization, including the Board of Regents, the governing body of the USG, to work interactively with budget and finance data, including online dashboards, and perform multidimensional financial data analysis, at any time, on a self-service basis.

"This is an important step in strengthening financial accountability and transparency for the University System of Georgia," said Usha Ramachandran, Chief Financial Officer for the USG. "Our long term strategic goals have called for the establishment of a statewide business intelligence system to enable anyone in the organization with budgetary responsibility to view and manage budget performance on their own, without help from the finance or IT departments. We are now in a position to achieve this critical goal."

"The company promises that its software will eliminate the existing data complexity and manual work currently required for budget reporting and analysis," Ramachandran said. "We will also greatly simplify the process of budget reporting to the State of Georgia and enable a new level of financial transparency. Our review process of several solutions confirmed that iStrategy would best provide these key business intelligence benefits with minimal time and very competitive cost."

"We are very excited to help bring a new level of financial clarity and proactive financial management to the University System of Georgia," said Mark Max, Chief Executive Officer for iStrategy. "iStrategy's mission is to turn higher education data into actionable information. Our HigherEd Analytics Financial Management module will enable the USG to rapidly deploy an easy to use reporting capability that will enable financial managers across the system to better understand their budgetary information and make well informed financial decisions. We look forward to providing this analytical power quickly to the University System of Georgia."

iStrategy will provide further details regarding the University System of Georgia decision to implement the iStrategy HigherEd Analytics Suite at the NACUBO (National Association of College and University Business Officers) 2009 Annual Conference, June 27-30, at the Hynes Convention Center in Boston, vendor booth #1425. Please also contact iStrategy directly to receive further information.

About the University System of Georgia

The University System of Georgia was created in 1931 to provide a strong, unified, academically excellent system of public higher education for residents of Georgia. Governed by the Board of Regents, the University System of Georgia comprises 35 degree-granting colleges and universities, enrolling more than 283,000 students and employing approximately 40,000 faculty and staff, with an annual operating budget in excess of $6 billion. For more information, visit http://www.usg.edu.

About iStrategy Solutions

Founded in 1999, iStrategy is the leading developer of data warehouse application and business intelligence software for higher education institutions. The iStrategy HigherEd Analytics Suite offers modules that address a wide spectrum of business intelligence needs for colleges and universities, including student analytics, finance, human resources, advancement, financial aid and NCATE (National Council for Accreditation of Teacher Education) reporting. iStrategy remains the only data warehousing and analytics software vendor exclusively focused on the higher education market. The privately held firm is headquartered in Owings Mills, Maryland. Please visit the company website at http://www.istrategysolutions.com.

Media Contact Michael Urbonas Director of Product Marketing iStrategy Solutions email: murbonas@istrategysolutions.com phone: 781.245.5440

SOURCE iStrategy Solutions

Source: PR Newswire

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