OpenEduCat From $2.42/mo · Free plan 9.1 Visit Ellucian Finance
ellucian.com
What it is
Ellucian Finance is a finance management product for higher education institutions, covering budgets, grants, assets, and spending. It connects budgeting, forecasting, and reporting so departments can see financial activity and take part in finance processes. The product describes AI-powered grant management, intelligent expense approvals, and predictive analytics. Interactive dashboards and pre-built budget reports offer views of institutional financial health, while a central productivity hub brings together predictive insights and tailored recommendations. It can automate regulatory reports and is described as supporting alignment with GASB and FASB standards. Open APIs, configurable cards, and integration services bring Ellucian and third-party tools into a shared digital experience. Named finance products include Ellucian Purchase, Supplier Management, Travel and Expense Management, Payment Center by TouchNet, and OneCard VIP by TouchNet. Ellucian presents Finance as part of its SaaS Platform and also describes SaaS-native Finance solutions powered by Banner and Colleague.
Spec sheet
- Purpose
- Ellucian Finance helps higher education institutions manage finance operations.Read 9 Oct 2026 · ellucian.com
- Deployment
- Ellucian describes Finance as part of its SaaS Platform and separately reports SaaS-native Finance solutions powered by Banner and Colleague.Read 9 Oct 2026 · ellucian.com
- Compliance
- It can automate regulatory reports and support alignment with GASB and FASB standards.Read 9 Oct 2026 · ellucian.com
- Support
- Ellucian directs customers to its Customer Center for product documentation, assistance, and training.Read 9 Oct 2026 · ellucian.com
- Headquarters
- Reston, Virginia, United StatesRead 28 Sep 2026 · ellucian.com
- Founded
- 1968Read 28 Sep 2026 · ellucian.com
- Company
- Ellucian’s about page says the company’s roots date to 1968 and identifies Reston, Virginia as its corporate headquarters.Read 9 Oct 2026 · ellucian.com
- AI features
- The product page describes AI-powered grant management, intelligent expense approvals, and predictive analytics.Read 9 Oct 2026 · ellucian.com
- APIs and ecosystem
- Open APIs, configurable cards, and integration services support bringing Ellucian and third-party tools into one digital experience.Read 8 Oct 2026 · ellucian.com
- APIs and integrations
- Ellucian Finance offers open APIs, configurable cards, and integration services for Ellucian and third-party tools.Read 9 Oct 2026 · ellucian.com
- Central workspace
- A central productivity hub provides predictive insights and tailored recommendations.Read 8 Oct 2026 · ellucian.com
- Cloud security
- Ellucian says its Cloud Services are ISO 27001:2022 certified and that SOC 1, SOC 2 Type II, and SOC 3 reports are available to customers.Read 9 Oct 2026 · ellucian.com
- Finance workflows
- The product covers budgets, grants, assets, and spending, and enables staff across departments to participate in finance processes.Read 9 Oct 2026 · ellucian.com
- Financial management
- It connects budgeting, forecasting, and reporting to provide transparency and accountability across departments.Read 9 Oct 2026 · ellucian.com
- Insights
- Interactive dashboards and pre-built budget reports provide visibility into institutional financial health.Read 9 Oct 2026 · ellucian.com
- Named integrations
- The page lists Ellucian Purchase, Ellucian Supplier Management, Ellucian Travel and Expense Management, Ellucian Payment Center by TouchNet, and Ellucian OneCard VIP by TouchNet.Read 9 Oct 2026 · ellucian.com
- Partner integrations
- Named finance ecosystem products include Ellucian Purchase, Ellucian Supplier Management, Ellucian Travel and Expense Management, Ellucian Payment Center by TouchNet, and Ellucian OneCard VIP by TouchNet.Read 8 Oct 2026 · ellucian.com
- Pricing
- The product page offers a demo request and does not state a price.Read 9 Oct 2026 · ellucian.com
- Pricing and trial
- The product page offers a demo request and contact options but does not state a price or trial terms.Read 8 Oct 2026 · ellucian.com
- Security monitoring
- Ellucian says its global information security and cloud experts work 24/7 and that it monitors security systems and alerts around the clock.Read 8 Oct 2026 · ellucian.com
- Security responsibility
- Ellucian states cloud security is shared with customers, and that SaaS shifts more, but not all, security tasks to Ellucian.Read 9 Oct 2026 · ellucian.com
- Shared security responsibility
- For SaaS deployments, Ellucian handles more security tasks, but security remains a shared responsibility with the customer.Read 8 Oct 2026 · ellucian.com
Plans and prices
Ellucian Finance Priced on request Pricing not stated; request a demo Read 9 Oct 2026 · ellucian.com
Strong points and limits
Strong points
- Covers budgets, grants, assets, and spending.
- Connects budgeting, forecasting, and reporting.
- Includes interactive dashboards and pre-built budget reports.
- Offers open APIs and integration services.
- Automates regulatory reports.
Limits
- No trial terms are stated.
- Cloud security remains a shared responsibility with customers.
Who it suits
It is designed for higher education institutions managing finance workflows across budgets, grants, assets, and spending. It may suit institutions seeking dashboards, reporting, and integrations across finance tools.
Verdict
Ellucian Finance focuses on finance workflows and reporting for higher education, with APIs and named ecosystem integrations. Institutions should request pricing information and account for shared security responsibilities in SaaS deployments.
Where Specifiction places it
- School Accounting Software#6 of 278.0
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