Solution and Partners Evaluated & Price, Terms & Conditions Negotiated by 33 Private Colleges for Total Transparency

Chief information, financial and human resource officers and other leaders from a group of 33 private, non-profit institutions created an extensive RFI process and chose Oracle Cloud for Higher Education as its new, common cloud-native enterprise systems platform with partners, Oracle and Drivestream.  A negotiated contract with our exclusive implementation, support and licensing partner, Drivestream was created through the Coalition for College Cost Savings (the Coalition).  Under this contract vehicle, the initial 33 Collective leadership and member institutions negotiated a pricing that is unmatched nationally.

RFIs, RFPs, and an extensive review of the vendor/system landscape, when approached by a single institution, are helpful in understanding what is possible and which software could best meet your needs.  However, these processes are expensive to conduct for the institution and its community.  

The Higher Education Collective Partners

The Collective has taken a great deal of the burden out of your decision path. Having already validated the choice of Oracle Cloud, Oracle and Drivestream with a process engaging 33 of our private college members, your campus can move directly to validating the Oracle Cloud solution and how it can work for your institution. Your institution can immediately take advantage of our group negotiated pricing, contract terms and conditions, our standards methodology, and our collaborative cohort-based implementation options, providing a host of benefits beyond a single institution decision and implementation. You will find the value of this collaborative effort between other private institutions will be significant.

After reviewing a number of the major cloud-native software solutions, the group made the choice to select Oracle Cloud for Higher Education based on the following software solution platform selection criteria.

Software Solution Platform Selection Criteria

1. Ability to partner with the Collective Community in the program’s vision to create a support and resource network among participating HESS Consortium member institutions
2. Modern product design and functionality in finance, human resources, financial aid and student information systems
3. Reporting, analytics and tools available out of the box for the software products
4. Ease-of-use of the functional area systems and documentation available from their customer community
5. Implementation partner and their ability to scale with a large number of schools
6. Initial and long-term affordability for the member institutions as well as best-in-class terms and conditions for software and services
7. Ability to allow member schools to share resources including reports, workflows, integrations and automations
8. Ability to engage with partners and members to train, promote and enable the Collective user community to be productive between peer institutions as a first line of support
9. Stability of the companies involved and their vision for the ongoing funding, product development, product support and operation of their companies