This page provides news and details of the R12.2 Upgrade project for the Oracle Financials system.
What is the Oracle Financials R12.2 Upgrade project?
We are upgrading the Oracle Financials system to version 12.2. This includes an upgrade to how Oracle Financials will look and feel, as well as a refresh to the technology infrastructure that supports the system. We expect there to be minimal changes to user processes.
Why do we need to change now?
There are several key reasons for undertaking this upgrade:
- Support – Oracle support for the current version expires at the end of 2021.
- Performance & stability – We aim to mitigate system performance issues.
- Maintenance - We can reduce the amount of system downtime needed for ongoing maintenance.
- Scalability – We need to increase our capacity to support expected growth in user numbers.
What is the timeline?
The upgrade will be completed by the end of 2021. We are currently working with our implementation provider to deliver the upgrade and are engaged with key stakeholders across the University to ensure the system continues to meet University finance needs and to ensure the finance community is prepared and equipped for the upgrade.