New Oracle Planning and Budgeting Solution Successfully Launched

posted Jan 14, 2021, 6:02 PM by Sally Morton

SDCOE Terry Loftus, Assistant Superintendent and CTO, and the Customer Advisory Board (CAB); Rick Roberts, CAB President and Grossmont Union High School District’s Executive Director, are pleased to announce the launch of our new Planning and Budgeting Cloud Service (PBCS), which has just been released for district use. The new PBCS platform is a modern planning, budgeting, and forecasting solution that has been tailored for our K-12 districts and, as communicated previously, will replace the prior Hyperion budgeting system. 

We have a total of 17 districts that signed up to be part of this initial system upgrade and implementation. They all have successfully been part of this initial launch. SDCOE absorbed the initial implementation costs with no additional costs for maintenance and support for districts currently using PeopleSoft Finance. This also allowed us to take offline and retire the legacy Hyperion budgeting system.

The success of this new budgeting system release was contributed to by the 17 districts that took part in the initial launch and have been an integral part of the implementation team throughout the project. It was truly a collaborative approach that supported district feedback in the system design and system launch.

Additional districts will have the opportunity to join the second phase of implementations later this year for the 2022-23 budget planning cycle.