On August 05, 2024, Mastek announced that the first phase of London Metropolitan University’s People and Finance Digital Transformation programme has gone live. This marks a significant milestone in the university’s efforts to modernise its back-office operations and enhance digital capabilities with Oracle Cloud solutions.
In May 2024, the university successfully delivered the first phase of its transformation programme, demonstrating flexibility and responsiveness to change. The London-based university, with a £150m+ turnover and a student population of 12,000 on-campus and 16,000 off-campus, partnered with Mastek to implement Oracle Cloud Fusion ERP, HCM, and Payroll. The program began in May 2023 and was divided into 2 phases: the first phase focused on HCM and Payroll, and the second phase on ERP.
Over 12 months, Mastek implemented HCM, Payroll, Talent Management, Learn, Oracle Recruitment Cloud, and Oracle Time and Labor, marking the first such Oracle Fusion Cloud HCM & Payroll implementation in the sector. The solution included user-friendly tools like Oracle Digital Assistant and Oracle Guided Learning, enhancing the user experience from day 1. The second phase, focusing on ERP, is on track to go live in August 2024 as planned.
The strong collaboration between London Metropolitan University, Mastek, and Oracle is a key factor in this project’s success. The teams worked together seamlessly, building trust and leveraging each other’s expertise.
The project has been well-managed from the start, with quick decision-making and proactive risk management. This success is thanks to the dedication of both the London Metropolitan University and Mastek teams.
Since the launch, user feedback from London Metropolitan University has been very positive, and the solution’s adoption is growing daily. They are now preparing for full organisational adoption by introducing ERP modules in August.
Mastek is a company that helps businesses transform digitally and move to the cloud. They work with customers in various industries, including healthcare, retail, manufacturing, financial services, and the public sector. Mastek operates in 40 countries, including the UK, the US, Europe, the Middle East, and Asia Pacific.
On August 05, 2024, Mastek share price opened at ₹2,760.00, touching the day’s high at ₹2,845.15 at 12:49 PM on the NSE.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
Published on: Aug 5, 2024, 5:43 PM IST
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