The National Gallery of Art Chooses Oracle Cloud Federal Financials for Enhanced Efficiency

Streamlining Financial Processes at the National Gallery of Art

The National Gallery of Art, recognized as one of the foremost art museums worldwide, has recently made a significant leap towards modernization by selecting Oracle Cloud Federal Financials. This innovative tool, part of the Oracle Fusion Cloud Enterprise Resource Planning (ERP) suite, is designed to enhance financial operations, promote decision-making efficiency, and meet strict federal security standards.

Established in 1937, the National Gallery attracts nearly four million visitors annually, housing a magnificent collection of over 160,000 works of art. As the museum aims to maintain its high standards and expand its reach, adopting Oracle Cloud Federal Financials will help streamline financial processes, optimize resource allocation, and support the execution of world-class exhibitions and programs for its growing audience.

William McClure, the Treasurer of the National Gallery, emphasized the importance of this implementation, stating, "This solution brings best-in-class cloud ERP used by Fortune 500 companies to the U.S. government for the first time. It empowers our employees by providing them access to crucial data for better decision-making."

With Oracle Cloud Federal Financials, the National Gallery can utilize a unified financial management solution tailored to satisfy both federal budgeting and its unique financial reporting necessities as a not-for-profit institution. The FEDRAMP-certified software not only automates financial functions but also enhances the user experience and boosts employee productivity while minimizing risks and ensuring compliance.

Rondy Ng, executive vice president of Applications Development at Oracle, mentioned, "Federal entities require solutions designed specifically for their financial management needs to unlock enhanced efficiency. The integration of AI to boost operational capabilities is a fundamental expectation, allowing agencies like the National Gallery to uphold their commitment to service and excellence in the arts."

By shifting to Oracle Cloud Federal Financials, the National Gallery of Art will initiate various improvements. Automation will significantly enhance the speed and accuracy of financial operations, while embedded AI capabilities will provide valuable insights, assisting the museum in making informed decisions that foster strategic growth. This effort is expected to better manage donor and taxpayer contributions, ensuring the museum’s resources are used efficiently.

The National Gallery’s new financial infrastructure aligns with the U.S. Government's Cloud Smart Strategy and signifies a forward-thinking approach to organizational management within the arts sector. As they aim to improve both in-person and digital outreach, the museum marks a crucial milestone towards achieving operational sustainability and excellence.

In summary, the collaboration between the National Gallery of Art and Oracle signifies a commitment to leveraging technology for improved financial processes. This transition represents not just an operational change but an essential step in serving the public effectively, ensuring the museum can continue to welcome all to experience the vast realm of art and humanity.

About the National Gallery of Art

The National Gallery of Art welcomes individuals to explore its artistic offerings and serves as a hub for creativity and cultural engagement. With free admission to its various exhibitions and programs, the gallery continues to attract millions both physically and online, reaffirming its role as a centerpiece in the contemporary art world.

About Oracle

Oracle is known for its integrated suites of applications and secure infrastructure in the cloud. For more information about Oracle, visit their official site at oracle.com.