UMB is replacing its existing financial and reporting systems - eUMB Financials and RAVEN. This video shares more about the development plan.

Chart of Accounts Discovery Session Set for Jan. 31

The Quantum Financials project team is in the process of creating a new Chart of Accounts (COA). Susan McKechnie, assistant vice president and University controller, will lead a COA Discovery Session at Pharmacy Hall/Room N103 from 10 a.m. - 12 noon on Jan. 31. Learn what you need to do now to be ready for Quantum Financials.

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Team at Work

Preparations for replacing eUMB Financials and RAVEN began back in 2016 when the campus began evaluating options, documenting business processes and eventually worked through the procurement process. The Quantum Financials Project Team has been working as a group since July 2017, participating in training and collaborating with UMB subject matter experts and implementation consultants along the way.


Quantum Financials is UMB's replacement for the university's current financial transaction and reporting systems eUMB Financials and RAVEN Financials Inquiry. Quantum Financials will bring change to UMB so this web has been developed to answer your questions and provide you with accurate information about the project. If you don't find the Quantum information you are seeking, please contact the project team.


Quantum Financials Project Team Hits First Milestone

The Quantum Financials Project Team completed its first key milestone on time.

The Voters Have Spoken!

When they needed a name for UMB's new financials system, the project team turned to the campus.

Process Workshop: Setting Expectations PPTX

Subject Matter Experts from across campus joined the project team to learn more about business process changes in Oracle cloud financials.

UMB Announces Financials Replacement Project

With the May 17 signing of a contract between University of Maryland, Baltimore (UMB) and Oracle America, Inc., the campus has moved one step closer to its goal of replacing UMB's financial and data reporting applications.

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