Stevens Institute of Technology Adopts eThority™ to Enhance Financial Reporting and Analysis rSmart Supplements Kuali Financial System with User-Obvious Reporting Powered by eThority
September 26, 2011, Charleston, SC - eThority, a market leader in business intelligence solutions for higher education, and rSmart, a leading provider of distribution and support subscriptions for open source clients, team up to launch a strategic financial analytics initiative at the Stevens Institute of Technology. Together, the firms will leverage eThority technology, a collective knowledge of Kuali project architecture, and decades of experience in higher education administration to rapidly deploy financial information gleaned from GL, PURAP, Workflow, Kuali Coeus and other disparate systems. By utilizing eThority, Stevens' Central Finance Office and managers across campus will benefit by accessing on-line, interactive institutional dashboards in addition to creating their own personalized reports and performing on-the-fly analysis.
"Kuali Financials does not provide a reporting tool out of the box, so Stevens' could not produce the reports they needed," stated Sean Warren, Kuali Product Manager for rSmart. "We did our research with open source tools, but nothing really stood out to us as a paradigm shift for enabling people to produce their own reports. When Stevens' saw eThority, there was an immediate feeling that this could be rolled out to users across campus and they'd be empowered by the technology in front of them."
Higher education institutions face a number of demanding reporting stipulations that are often time consuming to meet because data commonly lives across a number of disconnected systems. eThority, in great measure, eliminates this generally lengthy cycle by extracting, transforming and loading data into a single source before presenting it to users through an intuitive web-based interface for their own exploration.
"One of the interesting features of eThority is how quickly the data model can come together because of the framework of the solution. The fact that it could be done more quickly and at a lower cost without sacrificing critical functionality or key components like security, was intriguing," said Warren. "Security was a big deal. We had several discussions around who would be able to control what and who could see which reports, and eThority matched the stringent requirements."
Securing sensitive information based on the organization hierarchy and the content of the data allows the institution to comfortably distribute on-line, interactive reports to business users throughout campus. The security configurations within eThority were also designed with the importance of a visceral experience in mind, therefore allowing rSmart to efficiently manage rights and privileges for Stevens with minimal effort.
"Today more than ever, leveraging rSmart's unique expertise in higher education and Kuali Financials is a compelling alternative to traditional accounting packages," says Vince Jajuga, Vice President of Business Development at eThority. "The team at Stevens Institute of Technology have already realized the upfront cost savings and experience daily the efficiencies gained by deploying software built by education for education. We're thrilled with the partnership-three organizations driving meaningful, positive changes in higher education."
With a collective 55 years of experience in the Kuali community, rSmart and eThority welcome Stevens' to a growing list of institutions utilizing a system designed and developed by experts at colleges and universities who understand the details of higher education's administrative needs and are committed to collaborating in an expansive, innovative and user-obvious way. Learn more about how eThority reporting and analytics can empower Kuali financial reporting at Kuali Days 2011, "Empowering the Community" in Indianapolis, November 14th-16th.
rSmart is a leading provider of distribution and support subscriptions for open source clients, supporting colleges, universities, schools and education organizations to achieve improved outcomes through the use of open educational technology. As one of the fastest growing commercial open source company in the education market, rSmart provides its clients with a fully supported path to adopt and sustain community-developed learning, research, and administrative software developed collaboratively with the Sakai and Kuali open source communities. Whether deployed on site, or hosted and consumed in a SaaS model, rSmart makes these innovative and cost-effective solutions available to institutions of all profiles. For further information, please visit www.rsmart.com or call 1-866-874-4338.
About Stevens Institute of Technology
Founded in 1870, Stevens Institute of Technology, The Innovation University™, lives at the intersection of industry, academics and research. The University's students, faculty and partners leverage their collective real-world experience and culture of innovation, research and entrepreneurship to confront global challenges in engineering, science, systems and technology management.
Based in Hoboken, N.J. and with a location in Washington, D.C.,
Stevens has been recognized by both the US Department of Defense
and the Department of Homeland Security as a National Center of
Excellence in the areas of systems engineering and port security
research. The University has a total enrollment of more than 2,350
undergraduate and 3,600 graduate students with almost 450 faculty.
Additional information may be obtained at www.stevens.edu.
About eThority, Inc.
eThority is a provider of eThority Enterprise, a "user-obvious" enterprise business analytics platform that empowers end users and offers IT an easily maintainable solution. Beyond its CODiE award-winning enterprise class platform, eThority offers eXtensions: industry-specific modules designed to fill critical gaps in existing systems for human resources, academic medicine and higher education applications. Organizations choose eThority Enterprise because it provides real time end-user interaction with data in a secure, state-of-the-art platform capable of scaling from a single department to thousands of users. eThority's solutions are in use around the globe at major research universities and leading corporations. For more information, please visit www.eThority.com or call 1-800-846-9200.