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Chronicle of Higher Education: Universities Unite, Create Own Open-Source Financial Software

Sep 01, 2004, 21:15 (5 Talkback[s])
(Other stories by Jeffrey R.Young)

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"Frustrated with the high cost of commercial financial-management software, Indiana University and the University of Hawaii are leading an effort to build a free, open-source alternative. The project's leaders say the effort could save colleges millions of dollars.

"The institutions plan to devote more than $2.5-million in staff time and resources to the project, which is called Kuali. Other initial partners in the project are the National Association of College and University Business Officers and the RSmart Group, a company that hopes to sell support services to colleges that install the free software.

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