Case Study: University of Johannesburg reduces budgeting cycles from months to weeks with IDU's idu-Concept

The University of Johannesburg knocks months off its budgeting process with idu-Concept

The University of Johannesburg faced a slow, manual budgeting process after its 2005 merger, managing roughly 4,000 cost centres (690 budget cost centres) by collating individual Excel spreadsheets and uploading them into Oracle each quarter. To solve this, the university turned to IDU and its idu-Concept budgeting and reporting software.

IDU implemented idu-Concept in May 2008 with a three-week rollout, delivering real-time reporting, powerful drill-down to individual cost centres, daily actuals updates and improved HR visibility for budgeting. The result was dramatic: IDU knocked months off the budgeting cycle—reducing budgeting from months to weeks—speeding decision-making, improving forecasting and giving managers immediate, actionable financial and payroll insight.

University of Johannesburg

Ronel Jansen Van Vuuren

Director Of Cash Management And Financial Reporting