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Frequently Asked Questions
Quantum Financials (QF) is the name we have given to the Oracle cloud financials system that is being implemented to take the place of eUMB and RAVEN. QF is anticipated to go-live at the end of October 2018.
No, once QF goes live both eUMB and RAVEN will not be used anymore.
The project timeline has an anticipated go-live date of the end of October 2018. When QF goes live, eUMB and RAVEN will go away. We will not be running the systems concurrently.
Maybe. If your account will be identified in the Projects Portfolio Management (PPM) module, you will still have a project ID. We envision grants and capital projects being part of PPM and therefore having a project ID. There may be additional accounts that will be managed in PPM if they have characteristics that are similar to grants (e.g., they have a defined beginning and end date). If your account is not managed through PPM, you will not have a project ID, but will use a combination of chart of accounts segments to identify your account.
Yes, we anticipate having user groups set up before and after go-live to help the community share information and help ease the transition to a new financial and reporting system. Stay tuned for how you can get involved.
A Change Champion will be an employee from either a central office or from a school or department who will be engaged for advice to the project team, support of the project across campus, and assistance with business process changes and user testing.
A Change Agent will be an employee from either a central office or from a school or department who wants to know more about QF and will be engaged to disseminate information to the larger campus audience and build awareness.
We hope to reduce the reliance on shadow systems across the campus by providing a system that has more robust reporting and analysis functionality built in. However, we understand that the continued use of shadow systems will be a user’s decision.