Financial Services and ITS are excited to announce the launch of the new Digital Payments Solutions Project!
Between October 2019 and June 2020, UC will be replacing some of the legacy systems currently used for processing payments at the University. The key objectives of the project are to:
- Increase the security of the systems processing payments, in line with the Payment Card Industry Data Security Standard (PCI-DSS);
- Improve user experience – This will be through the implementation of modern solutions, with additional functionality (i.e. reporting) and user friendly interfaces;
- Improve organisational and administrative processes – Mainly through the elimination of manual processes and double entries, streamlined financial reconciliations, standardisation of processes for selling products / services across UC, and clear delineation of responsibilities for the set up and management of products / services sold by the University; and
- Reduce technical debt – Through the implementation of modern commercial off the shelf solutions which will greatly eliminate interface issues, provide product management capability, and allow for future improvements as these are required.
This project is shortly commencing the execution phase, with initial changes being rolled out from November 2019.
Whilst the Digital Payments Solutions Project will be improving a number of processes, broadly speaking it has the following four work streams:
Once fully implemented these upgrades will have minimal impact on the daily life of students and most staff, however in order to have a successful implementation some effort will be required from the appropriate Business Units staff. We will be contacting such staff at least 3 weeks prior to any changes being made, to discuss the changes that will be affecting you such as overall timeline, requirements, training, etc.
If you want to learn more about this exciting project, or simply have a query or two, please see the FAQs by clicking on this link, or email email@example.com with your questions.