Maximizing your Oracle SFP investment
Whether you are considering purchasing Oracle’s Student Financial Planning (SFP) software, have already purchased it and are preparing to implement, or you have already implemented, you likely have many questions and are searching for advice from those with experience successfully operating financial aid departments using SFP. If you haven’t learned already, you will soon find that the market for experienced professionals in the SFP space is limited. That’s why Metavasi Partners is excited to announce we’re launching services to support institutions with SFP. With more than 10 years of experience working with the SFP team, Metavasi Partners is uniquely positioned to assist schools at any phase of their SFP roadmap with the tools, skills, and experience to maximize your investment and ultimately deliver the best possible outcomes for your students.
What makes us different? Given the relatively short time SFP has been on the market, current higher education servicers have limited years of experience working with this revolutionary financial aid platform. Furthermore, the experience of current implementation support providers in the market lies primarily in the old breed of financial aid systems and processes. These servicers heavily focus on technical integrations and configuration, often brushing over the people and process requirements needed to fully leverage SFP. The fact is, SFP is different. Because Metavasi Partners is the only service provider with experience implementing SFP as a former end user, we are uniquely aware of the transformational change financial aid offices must implement to fully realize the value of SFP.
Why does SFP experience matter? All other financial aid systems (custom built or 3rd party) are complex databases of information, with UIs for administrators to orchestrate the next processing action.
Time to run our batch process for packaging?
Time to run batch processing for disbursements?
Do students need to be processed for R2T4?
With previous systems, you were always in direct control of the activities taking place in the system. With SFP, you are the co-pilot - which allows you to adjust your focus. There are significant benefits to allowing you to fill the co-pilot role when it comes to financial aid processing. Rather than every student relying on you to masterfully coordinate complex tactical activities throughout the days, weeks, terms, aid year, and calendar year - the system carries that burden. This allows you to take on a more strategic role to increase operational effectiveness, improve the student experience, and reduce compliance risk. Unfortunately, Ron Popeil isn’t selling you SFP so you can’t “set it and forget it”. It takes real work to transform your people, process, and systems to successfully operationalize SFP at your institution.
How can Metavasi Partners help get you there? Metavasi Partners walks institutions through the necessary steps based on real-world experience to ensure you reach your intended SFP destination. Whether you are a new customer needing assistance establishing an implementation strategy or you are an existing customer in the middle of your implementation needing support validating your approach, Metavasi Partners can ensure you are on the right track. Maybe you have been on the platform for a year and are in need of a tune-up to address areas not yet optimized. No matter where you are in your transformation journey, Metavasi Partners has the tools, processes, and experience to get you where you want to go.
Interested in learning more? We would love to hear from you. You can submit a Contact Us request on our website or call us at 866.439.8399. Stay on the lookout for our next blog where we will dive into specific topic areas related to SFP to help the broader higher education community. Like our page on LinkedIn so you don’t miss out on future posts. You can also learn more about our SFP services by visiting our SFP web page.
