Following the open, competitive and inclusive bidding procedure carried out in 2018 for a financial reporting, planning and budgeting (FBPR) system, the University of Delaware decided on Kaufman Hall – Axiom Software. to a dynamic budgeting procedure and long-term plans. Specifically, stakeholders of university companies across campus derive the following percentage benefits:
Implementation of the FBPR project
The implementation of the FBPR formula is expected to last 11 months, with a finishing touch target in December 2019. Our technique during the assignment life cycle is to iteratively integrate the features and characteristics of the Axiom formula: reporting, building budgets, planning, budget requests, forecasts, capitalization plans and long-term plans. Stop by this online FBPR Mapping Implementation page for data updates and next steps in the process.