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Montclair State University selects Cognizant

Cognizant will implement Oracle’s PeopleSoft Financial Management System and provide IT infrastructure for finance and accounting.

August 08, 2014 9:13 IST | India Infoline News Service
Cognizant announced that it has been selected by Montclair State University to revitalize its finance organization and deliversuperior experience to its students, staff, customers, and partners.

As part of the multiyear agreement, Cognizant will implement Oracle’s PeopleSoft Financial Management System and provide IT infrastructure support in areas ranging from finance and accounting, to procurement and grants for the duration of the implementation. The new system is designed to leverage world-class financial processes and best practices to help Montclair State University improve productivity, agility, and customer service.

By delivering business-critical information in a timely and efficient manner, the system will enable Montclair State University to make optimal financial decisions and develop effective short- and long-term strategies to support the University’s growth and emerging needs. The new system will enable the University to integrate and streamline financial processes across departments. It will allow Montclair State University to optimize costs and investments by rationalizing its applications portfolio, automating, centralizing, and standardizing transactional processes, and enhancing governance, risk, and compliance management.

“Cognizant is committed to the higher education sector and is pleased to partner with Montclair State University in this strategic transformation initiative,” said Nirav Patel, Senior Vice President, Cognizant. “We understand the vision and strategic importance of the University’s OneMontclair program in challenging the status quo and driving performance efficiencies as well as building new digital capabilities within the University for future needs. We look forward to helping Montclair State University turn financial insights into a lever for smarter strategies and differentiated service for everyone who interacts with the University.”

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