Kuali Financial System (KFS)

 

Current Release: KFS 4.1.1
 
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Next Release: KFS 5.0
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The Kuali Financial System (KFS) project is a comprehensive suite of financial software designed to meet the needs of all Carnegie Class institutions. Based on Indiana University's Financial Information System (FIS), it is the first of the Kuali projects and incorporates the baseline FIS functionality and approved enhancements, in what has become the Kuali mold: a collaborative approach to design, an open development platform, and a web-based operating environment. Learn More...

10 THINGS YOU MAY NOT KNOW ABOUT THE KUALI FINANCIAL SYSTEM

  1. Was designed and developed by universities and colleges
  2. Is freely available with no license fee
  3. Is currently in use by institutions of all sizes: large research, community college, small public
  4. Has successfully completed year-end audits with full compliance
  5. Can be implemented by an experienced commercial partner
  6. Can be supported by a commercial partner
  7. Includes enhancements like endowment management and travel modules without an additional license fee
  8. Facilitates collaboration and sharing with peer institutions
  9. Is built using current technologies that provide process flexibility
  10. Provides a significantly lower total cost of ownership