Cornerstone Project - Financial Management Road Show

Transform Rutgers into a more efficient organization by standardizing processes and providing access to better quality information on a single technology platform

• Stephen DiPaolo

• Cornerstone WebSite

• Financial Management Road Show

• Financial Management Implementation

• Project Charter

• Project Components

• Financial, Procurement, and HR/Payroll Environment

• High-Level Project Timeline and Milestones

• Projects and Finance Overview

• Introduction

• Current State: General-Ledger Centric Environment

• Future State: Project-Focus Environment

• What is a Project?

• What types of Projects will Rutgers use?

• What types of Projects will Rutgers use?

• What are the criteria for creating “Discretionary” projects?

• How are projects structured?

• How are transactions charged to Projects?

• Which expense transactions will be brought into Projects?

• How are transactions reflected in the General Ledger?

• Accounting for Project Transactions

• Accounting for Project Transactions

• Accounting for Project Transactions

• Accounting for Project Transactions

• What does it mean to me?

• What does it mean to me?

• Next Steps and Support

• Meet your Business Advisory Group Members & School Unit Reps

• What other resources are available to me?

• Will there be training?

• When will I hear more about the Cloud Financials Project?