Change Leader Network
The Change Leader Network is a group of key influencers across UCSB who will assist in building awareness, promoting adoption, and providing support to stakeholders impacted by the FMM implementation. Members of this group include Assistant Deans, divisional control points, and other "change champions" nominated by the control points to represent staff across their respective areas.
Change, Communications, & Training (CCT)
A team dedicated to preparing campus stakeholders for change by
equipping them with resources and training on the new financial system.
Common Chart of Accounts (CCOA)
A series of segments that, put together, are meaningful for appropriately categorizing revenue and expenses. The combination of these segments is called a chartstring, informing us where money comes from and where it goes. The CCOA is a new requirement for all UC campuses and has “common” elements to capture campus financial activity in a way that enables systemwide reporting and analysis.
Conversion
Conversion describes the overall process of transferring the legacy data from UCSB’s current financial system to Oracle Financials Cloud. In PGM, this includes projects, budgets, project costs, and customer data. In RTR, conversions were completed for banks, fixed assets, and the General Ledger. Conversion is a priority for all FMM workstreams.
Core Financial Principles (Finance 101)
Designed to provide the building blocks for financial management best practices, these trainings help campus financial staff establish a solid baseline around the fundamentals of university finance. The full Finance 101 certification includes six courses along with an optional seventh course.
Cutover
Cutover refers to the critical transition phase where the campus will switch from the current financial system to Oracle Financials Cloud, involving the transfer of data, processes, and systems.