Trustees were told that ETSU’s enterprise resource planning project, nicknamed Voyager, went live on July 1 with Oracle as the vendor. University presenters said the implementation established a solid foundation but that issues and defects remain under resolution; university leadership has formed a task force to identify improvement areas and continue stabilizing HR, finance and ITS processes.

The Finance and Administration Committee reported that all items discussed that morning were informational; no formal actions were taken by that committee. The committee reviewed the unaudited fiscal‑year 2025 year‑end financial statements and described the impact of recent accounting guidance changes — including GASB updates affecting compensated absences and scholarship allowance presentation — but trustees were told ETSU remains financially stable and well positioned to support its mission.

The Audit and Compliance Committee presented two action items that appeared on the board’s consent agenda: approval of the internal audit plan for fiscal year 2026 and approval of an internal audit employee profile. The committee’s report listed completed audits and advisory items presented for board awareness. The consent agenda, which included those committee actions and seven contracts over $250,000 (and one RFQ in process) was moved and adopted by voice vote during the full board meeting.

Why it matters: The Voyager implementation affects payroll, finance and human resources workflow; unresolved defects can affect operations and require board oversight. Audit committee approvals set the internal‑audit priorities for the coming year and the unaudited financials inform budget planning and reserve projections.

Key facts
- Voyager (Oracle) went live July 1; issues and defects still being resolved.
- University formed a task force to identify improvement areas for HR, ITS and finance modules.
- Unaudited FY25 year‑end financials presented; ETSU described as financially stable.
- Accounting changes discussed include GASB guidance on compensated absences and scholarship allowance presentation.
- Audit committee approved FY26 internal audit plan and internal audit employee profile; both placed on the consent agenda and approved by the full board.
- Consent agenda included seven contracts over $250,000 and one RFQ in process.

Attribution
Updates and direct program details come from remarks by Trustee DeCarlo (Finance & Administration Committee report), Dr. Karen King (Voyager update) and the Audit & Compliance Committee report (chair Lieutenant Governor Ramsey and internal audit director Becky Lewis). Supporting material was presented during committee meetings that morning and included on the consent agenda adopted by the full board.

Ending
Trustees were asked to continue monitoring Voyager stabilization work and to expect operating and budget updates as year‑end closing work completes. The board approved the audit plan for FY26 and the internal audit staffing profile to guide oversight work.