CU Anschutz Medical Campus’s new Enterprise Labor & Budget System
CU Anschutz Medical Campus have teamed up with the consultants to build the new Enterprise Labor & Budget System which will be on the Anaplan Platform. The platform is flexible in creating solutions specific to the campus's needs with connected planning across various models. What separates this solution from others is that it will allow different platform models to connect for enhanced planning and insights.
“Anaplan Software is an enterprise performance management tool that arms finance teams and executives with the best tools for budgeting, forecasting, planning, reporting, and more. Finance teams using Anaplan Software are more agile and spend more time analyzing data to better understand the drivers that affect their organizations.”
The Summit360 system will improve the capabilities and coordination of the entire budgeting and planning process for all schools, colleges, and central offices at the CU Anschutz Medical Campus. The Summit360 system phase one implementation will support the Datahub, Budget Development, and Labor planning with some of the other future opportunities identified below:
Project Objectives:
- To improve budget process capabilities and coordination for all steps of the budget
- Incorporating Higher Education Best Practices
- Configuring the Summit360 tool to meet unique institutional needs
- Reduce time commitment on budgeting procedures
- Improve accuracy, consistency and efficiency of budget related data inputs and outputs
- Expand and enhance analytical capabilities versus the current manual budget, reporting, and forecasting processes
The Implementation Project
Project Status
Please reach out to Summit360@cuanschutz.edu for questions and access requests, and don't forget to check out all of our great resources within the Summit360 Microsoft Teams SharePoint.