Tag Archives: Financial Services

Introducing the new Digital Payment Solutions Project

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 digitalpaymentsproject@canterbury.ac.nz with your questions.

Are you confident about your financial future?

Looking to improve your financial planning skills, wondering about retirement or simply want to pay off your debt faster?

Come to our financial wellbeing afternoon and receive down to earth financial information you can trust.

  • When: Tuesday 20 November, 1:00 – 5:00pm.
  • Where: 2nd Floor, Engineering Core

Our panel of experts will take you through a series of short (15-20 minute) presentations on some of the biggest topics facing us at the moment:

  • Are you making the most of your money?
  • Preparing for retirement
  • How to get the best out of KiwiSaver
  • Being remembered for good
  • Preparing for life’s emergencies
  • Investing intelligently
  • Leaving a legacy – taking care of loved ones

In addition there will be a free expo with information stands and expert advice, as well as the opportunity to book one-to-one clinic with lawyers, bankers, financial advisers and will writers.

All stakeholders will be offering impressive staff discounts for the various services they offer, so be sure to come along. No need to register, just turn up.

For further information and a timetable of all the seminars and topics please follow this link or email Kathryn Marshall.

UC FMIS Refresh Project update

The UC FMIS Refresh Project is progressing on schedule and is targeted to go-live in early October 2015.  Project scope includes changes to IT infrastructure, some functionality, and integration with peripheral systems and related processes, which will help UC, move to a fully supported environment.

Key milestones

The User Acceptance Testing (UAT) phase, lead by Judy McKay, begun on 18 August and is planned to complete in mid-September.

End User training invites for Unimarket, scheduled for 28-19 September have been sent.

For updates please check the Project web site https://intranet.canterbury.ac.nz/fmisrefresh/

For further information or questions please contact the Project Manager, Reuben Hunt, reuben.hunt@canterbury.ac.nz.  Let him know if you would like to be added to his distribution list(s) for regular email communications.