Kuali Financials is a cloud-based financial management system designed for colleges and universities. It brings accounting, budgeting, procurement, reconciliation, procure-to-pay, and general ledger processes together, with restricted fund tracking and grant management. Finance teams can use configurable charts of accounts, financial controls, approval workflows, flexible routing, reporting, and audit support. Drag-and-drop forms and no-code workflows are intended to digitize additional financial processes without custom development. The system connects to campus systems through APIs and integration capabilities; Kuali describes REST and GraphQL APIs, real-time data access, and Kuali Bridge for multi-step integrations. Kuali says it delivers new capabilities continuously without requiring institutions to wait for major upgrade cycles. Its Trust Center says customer data is encrypted in transit and at rest, with access controlled through configurable roles and permissions. Listed compliance includes SOC 2 Type 2, completed HECVAT Full v4.x, and TX-RAMP authorization. Pricing is available by inquiry, and the product page invites institutions to book a demo. Kuali states that Financials is not designed to process or store payment card data.
Who it is for
Kuali Financials is for colleges and universities managing higher education finance operations. It may suit teams seeking connected accounting, budgeting, procurement, grant, and restricted-fund processes.
What is good
- Combines accounting, budgeting, procurement, and general ledger functions.
- Supports restricted fund tracking and grant management.
- No-code workflows can digitize additional financial processes.
- Connects with campus systems through APIs.
- Customer data is encrypted in transit and at rest.
What to know first
- Not designed to process or store payment card data.
- Pricing is available only by inquiry.
Verdict
Kuali Financials brings core finance operations, controls, and integrations into a cloud system for higher education. Institutions should account for its payment-card data limitation and request pricing directly.
Kuali Financials plans and pricing
All plansCompared on fund accounting software
- Degree audit
- Yes
- Degree planning
- Yes
- Early alerts
- Yes
- Student planning portal
- Yes
- Mobile access
- web
