The new year brings fantastic news to the Kuali Community. The University of Maryland went live with Kuali Financial System (KFS) as of January 6, 2014, supporting multiple institutions with this system. A fantastic Maryland team was supported by commercial affiliates Navigator Management Partners and Vivantech, as well as the Kuali community itself.

Per an email announcement from KFS Project Manager and Associate President at University of Maryland, John Farley on January 6:

On behalf of the entire KFS project team and our commercial partners Navigator Management Partners LLC and Vivantech Inc., we are pleased to announce that the University of Maryland has implemented Kuali Financial System, Version 5.01, as of 10 AM this morning. The University of Maryland, College Park joins with our sister institutions University of Maryland Eastern Shore, University of Maryland Center for Environmental Studies and the University System of Maryland in announcing that our new financial system is now live and in production!

A new era in financial processing has begun with the adoption of a modern financial ERP system. We join a growing list of universities who have implemented Kuali, an open and community sourced system designed by and for higher education. The University of Maryland's suite of KFS modules includes: General Ledger, Chart of Accounts and Financial Processing, Purchasing/Accounts Payable, Capital Asset Management, Labor Distribution, electronic document workflow and Financial Reporting.