A UR Financials project website has been created to serve as a single source of information for status updates, project timelines, and resources. UR Financials is a project to replace the current legacy Financial Records System (FRS)—the system that has been used for over 40 years to record the University’s financial and accounting activities—with Workday Financials. Under the executive sponsorship of Ron Paprocki, senior vice president for administration and finance and CFO, Workday is expected to be operational by July 2014.