UCLA settles Oracle ERP dispute with $3.1M in credits and $1.31M wiped off the bill
University alleged cloud software couldn't meet its needs after years of delays to financial systems overhaul
The University of California, Los Angeles (UCLA) has reached a settlement with Oracle in a dispute over a troubled Enterprise Resource Planning (ERP) project. The vendor waived $1.31 million in outstanding fees and granted $3.1 million in credits against future charges in exchange for UCLA stopping its payment of the $1.66 million in outstanding invoices.
The settlement was reached after UCLA stopped paying its Oracle subscription in September 2024 due to shortcomings in grants management functionality. The settlement was approved by UCLA's Compliance and Audit Committee in May, and the agreement was signed in November 2017. UCLA's claim against Oracle was due to the ERP Cloud Services not performing as warranted according to the Oracle Agreement.
The settlement is confidential, and both parties agreed not to make public statements about the terms. Oracle is likely to continue working with UCLA on the project despite the settlement, as estimated by Oracle cost consultancy Advizant founder Eric Guyer.
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