New Financial Information System to be Implemented in Trinity College Dublin

A new College-wide integrated financial information system (FIS) is being introduced in Trinity College Dublin. The contract was recently signed by Trinity College Dublin, Patech Solutions Limited and Oracle Ireland following College Board approval earlier this year.

The new financial system will provide functionality to support ‘end-to-end’ process automation with a unified information repository, which will in turn enable access to high quality financial information. This will also provide Trinity with the ability to produce timely, accurate and appropriate reporting of financial information empowering its many stakeholders to make effective decisions and ensure efficient financial management. The new system will ultimately support the College in delivering on its strategic objectives including reducing costs, improving quality controls and managing risk.

The FIS project will now proceed to implementation, beginning with a comprehensive discovery and design phase. A series of College-wide design consultation workshops, hosted by the FIS Project Team and the Patech Consultants, will be held throughout October and November. This is a critical phase as it will determine how the Oracle system will be configured and how the standardised financial processes and procedures will be implemented across the College. Given the transformational nature of this project it is essential that all stakeholders and users are fully involved in its design to ensure the completed system meets with the College requirements.  

L to R:  Ben Hartnett,  Procurement Officer (TCD), Ian Mathews, Chief Financial Officer (TCD), Tony Bird, Managing Director (Patech Solutions), Darina Kneafsey, Chief Operating Officer (TCD), David Fitzgerald, Account Manager (Oracle Ireland), Paddy Naughton, Project Manager, FIS Project (TCD)