Financial Reporting Initiatives
Several initatives are underway that will make further improvements to the state of financial reporting at the University of Minnesota. Those initiatives are described in detail below.
Transition Existing Reports from UM Reports to UM Analytics Content
UM Reports is the University's home built solution to provide custom reporting. Developed nearly 20 years ago, the architecture that supports UM Reports is aging. In recent years the University has purchased Oracle's Business Intelligence suite. The University has branded the system as "UM Analytics." UM Analytics is a modern and robust application developed specifically for delivering comprehensive reporting solutions. The financial reporting team has a goal of transitioning all financial content currently accessible through UM Reports to UM Analytics content by 2020.
Deliver New UM Analytics Financial Content
The financial reporting team is currently in the process of reviewing and prioritizing a list of new content for future development in UM Analytics. The list includes new content requests from the University community and as identified as part of the University's financial reporting goals. The financial reporting team has organized the content into three main content categories that will be delievered in UM Analytics in the form of a report or analysis. These reports and analyses will be available through a custom dashboard within UM Analytics.
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