IC Finance Cloud

Ithaca College is moving to IC Finance Cloud, a streamlined, modern, cloud-based financial system! IC Finance Cloud will replace all financial functions currently performed in Parnassus, along with external tools including EZ Pay, IC Marketplace, and BudgetPak.

This section is designed to provide information on what will be changing, the timeframe of changes, and how you can prepare for these changes with support and training. Additional pages will be added here as implementation progresses and more information becomes available.

Our previous technology – Parnassus (E-Business Suite) - is based on software written 30 years ago. This comes with obvious limitations and inefficiencies. Moving to the cloud will allow us to utilize a single, unified platform that facilitates synergy with IC HR Cloud while also providing capabilities that far exceed our previous technologies.

In short, we can expect:

  • Mobile Friendly – do your work from any device
  • More efficient travel expense management – submit receipts via phone pics
  • One place to go - Consolidated functionality of Parnassus, BudgetPak, IC Marketplace, EZPay, and travel / expense processing in a single application
  • Streamlined accounting
  • Enhanced predictability in budgeting
  • Transparency in procurement

Please contact the Office of Business and Finance if you have any questions or concerns.