A Story of Resilience: How the University of Virginia transformed budgeting and planning in the face of a global pandemic

By Katherine Reid posted 05-11-2022 04:33 PM

The University of Virginia was ranked as the country’s fourth best public university by U.S. News & World Report. Entering its third century, the institution is a vital contributor to Virginia’s economy. Operating revenues in fiscal year 2020 were nearly $3 billion, and the university’s net position at the end of the year was over $9 billion. UVA’s leadership is committed to driving initiatives that grow and strengthen the institution for the future. But achieving this important goal can be difficult when a critical business function like finance relies on outdated legacy systems. Having already implemented Workday Human Capital Management (HCM) to support human resources processes, UVA recognized the power of a fully integrated, cloud-based solution. That experience helped influence the selection of Workday Financials (WD FINS) as the technology platform that would propel the university’s finance strategic transformation journey. And UVA turned to Deloitte to help make its vision a reality. To learn about this transformation read the article "A Story of Resilience".

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