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7/3/2007
A new financial system started up with a bang this past Fourth of July week: Strathmore University in Nairobi has turned on its implementation of the Kuali Financial System, making the Kenyan university the first institution to go live with the much-anticipated open source financials. The news is particularly significant in that it marks a successful implementation of the first truly mission critical community source project. The Kuali Financial System is one of the open source administrative software projects of the non-profit Kuali Foundation, a community of colleges, universities, and related organizations that pool resources to develop open source administrative systems suitable for a broad range of educational institutions. Among the educational institutions and other organizations initially involved in the development of the Kuali Financial System, as members of this growing open source community, are Indiana University; Cornell University; Michigan State University; University of Arizona; University of Hawaii; San Joaquin Delta Community College; University of California at Davis; UC Irvine; UC Santa Barbara; University of California, Office of the President; University of Southern California; NACUBO; and The rSmart Group. Strathmore’s implementation has technology support from The rSmart Group -- help from vendors is an option for institutions desiring commercial support. The implementation is expected to be watched with interest by the education community.copy text (above) for proper citation
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