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Ellucian Finance
Reston, Virginia, United States
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 view financial activity and participate in finance processes. The product describes AI-powered grant management, intelligent expense approvals, and predictive analytics. Interactive dashboards and pre-built budget reports provide views of institutional financial health, while a central productivity hub offers predictive insights and tailored recommendations. Ellucian Finance 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 ecosystem 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 separately describes SaaS-native Finance solutions powered by Banner and Colleague. The product page offers a demo request but does not state a price or trial terms.
For and against
For
- Connects budgeting, forecasting, and reporting
- Includes interactive dashboards and pre-built budget reports
- Automates regulatory reports
- Offers open APIs and integration services
Against
- Cloud security remains a shared responsibility with customers
The verdict
Ellucian Finance brings higher education finance workflows, reporting, and integrations into a single product. Institutions should account for shared cloud security responsibilities and request a demo for product details.
Who it suits
It is intended for higher education institutions managing finance workflows across departments. It may suit teams seeking connected budgeting, reporting, grants, assets, and spending processes.
Plans and prices
Ellucian Finance
Pricing not stated; request a demo
Read 9 Oct 2026 · ellucian.com
On the record
- AI features
- The product page describes AI-powered grant management, intelligent expense approvals, and predictive analytics.ellucian.com · read 9 Oct 2026
- APIs and ecosystem
- Open APIs, configurable cards, and integration services support bringing Ellucian and third-party tools into one digital experience.ellucian.com · read 8 Oct 2026
- APIs and integrations
- Ellucian Finance offers open APIs, configurable cards, and integration services for Ellucian and third-party tools.ellucian.com · read 9 Oct 2026
- Central workspace
- A central productivity hub provides predictive insights and tailored recommendations.ellucian.com · read 8 Oct 2026
- 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.ellucian.com · read 9 Oct 2026
- Company
- Ellucian’s about page says the company’s roots date to 1968 and identifies Reston, Virginia as its corporate headquarters.ellucian.com · read 9 Oct 2026
- Compliance
- It can automate regulatory reports and support alignment with GASB and FASB standards.ellucian.com · read 9 Oct 2026
- Deployment
- Ellucian describes Finance as part of its SaaS Platform and separately reports SaaS-native Finance solutions powered by Banner and Colleague.ellucian.com · read 9 Oct 2026
- Finance workflows
- The product covers budgets, grants, assets, and spending, and enables staff across departments to participate in finance processes.ellucian.com · read 9 Oct 2026
- Financial management
- It connects budgeting, forecasting, and reporting to provide transparency and accountability across departments.ellucian.com · read 9 Oct 2026
- Insights
- Interactive dashboards and pre-built budget reports provide visibility into institutional financial health.ellucian.com · read 9 Oct 2026
- 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.ellucian.com · read 9 Oct 2026
- 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.ellucian.com · read 8 Oct 2026
- Pricing
- The product page offers a demo request and does not state a price.ellucian.com · read 9 Oct 2026
- Pricing and trial
- The product page offers a demo request and contact options but does not state a price or trial terms.ellucian.com · read 8 Oct 2026
- Purpose
- Ellucian Finance helps higher education institutions manage finance operations.ellucian.com · read 9 Oct 2026
- 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.ellucian.com · read 8 Oct 2026
- Security responsibility
- Ellucian states cloud security is shared with customers, and that SaaS shifts more, but not all, security tasks to Ellucian.ellucian.com · read 9 Oct 2026
