New Release Date for Kuali Financial System (KFS) Release 3.0 September 8, 2008
The Kuali Foundation will be releasing version 3 of the Kuali Financial System in March of 2009. This KFS release includes the modules for Accounts Receivable, Budget Construction, Capital Assets, Identity Management, and Effort Reporting. It also includes some significant enhancements such as Receiving for Purchasing. Many of the partner institutions are using this release as the basis for their implementations. They include Colorado State University, the University of Arizona, Indiana University, Cornell University, Michigan State University, San Joaquin Delta Community College, University of Southern California, University of Maryland, University of Hawaii, and University of California at Irvine, at Davis, and at Santa Barbara.
You may recall that KFS was originally intended for release in December 2008. We've decided to delay this important release by a few months to ensure it is a complete release, and that it meets the high quality standards we've set. As a community we are committed to the success of the partner schools in their delivery of KFS to their institutions. Some of the earliest adopters will be working with the development teams in the later stages of QA to overlap with early implementation work. We believe this experience will drive higher quality software and will compliment the implementation teams with developers and QA resources. Early QA releases will provide partner institutions with the KFS data structures and basic transactions for implementers to do their own analysis and testing. As these institutions use the QA releases in the early implementation phases the community QA process will benefit from real data sets from a variety of schools. Additionally, issues discovered will be resolved by the Kuali contributed developers, thus lessening the burden on early implementers.
Version 3 is truly a milestone release for our community and for all of education. It is the first release that will run in production at major institutions in North America and will likely be the proof on which many of you will base future adoption decisions.