The Shared Services Enterprise Resource Planning (ERP) FMS and HCM system, known as UTShare, is a large project that was undertaken by The University of Texas System Shared Services to replace DEFINE, HRMS, Point Plus and other business application systems with Oracle PeopleSoft ERP software. The UTShare project implementation included seven participating institutions including, UT Arlington, UT Rio Grand Valley, UT El Paso, UT Permian Basin, UT San Antonio, UT Tyler and UT System. UTShare’s ultimate goal is to, over time, achieve:
- Cost savings realized through economies of scale;
- Obtain process improvements attained through standardization; and
- Adopt a universal application of Higher Education best practices.
In addition, the implementation changes the way the universities serve students and business process transactions by providing web-based solutions and tools that improve efficiency and productivity through better data management and reporting capabilities.