All staff who can work at home should continue to do so. Only with an explicit request from a supervisor should a staff member return to campus. For more information, review COVID-19 Workplace Guidance.
Financial reporting reaches another milestone
July 23, 2020
Late June marked the launch of the second phase of the Finance Data Mart, after 13 months of collaboration across teams within ITS, Finance, Business Operations, Operations Excellence, Change Management, and guided by the Campus Financial Reporting Steering Committee. The data mart strengthens the university’s financial management capabilities and allows Yale to make better financial decisions that advance its teaching, research, and practice.
VP for Finance and Chief Financial Officer Steve Murphy shared words of praise for the teams who “have a lot to be proud of, both in terms of what they accomplished and how they accomplished it.” He noted that, despite the challenges faced, ranging from defining requirements and technology choices to collaborating across so many organizations and teams—not to mention an unexpected pandemic—they “rose to the challenge every time.” Associate VP and Chief Information Officer John Barden also shared that he was, “very grateful for the team’s ongoing commitment to this project and for the value it will bring to the university.”
As part of these upgrades, the Finance Data Mart now includes Workday data from six added Procurement data domains as well as Workday budgets, and the data is refreshed every night. Additionally, enhancements to an institutional Account Holder by Person report subscription and a comprehensive new Financial Activity and Balances Report package were included and gained community-wide availability on Monday, July 6. Additional information about new financial activity and balances report going live was also recently featured in Business Update.
Steve and John thank their teams for their accomplishment, while also recognizing that the project will evolve and continue to be optimized. In the interim, they encouraged the teams to, “celebrate this wonderful and impressive milestone.”