Business & Financial Services

Oracle Financials Update 26B System Enhancements

By Asirra Suguitan, Associate Vice Chancellor and Campus Controller | May 15, 2026

Dear Oracle Financials Users,

As a reminder, Oracle Financials will be unavailable starting today, Friday, May 15, 2026 at 10:00 PM PST until Saturday, May 16 2026, at 10:00 AM PST.  The following system enhancements will be available in conjunction with the 26B quarterly release.

Please note that the "Classic" version of the purchase requisitions module will be deactivated on May 16, and all users will transition to the Redwood interface.

To help you prepare for upcoming new features in the Redwood Self Service Procurement module, a demonstration video has been created outlining the new features and visual updates in the Redwood interface. We highly recommend that all users watch this video to be aware of the many updates of this release.

[Click Here to Watch the Release 26B Demo Video]

What’s Changing? (Release 26B Highlights)

On Monday, May 18, you will notice several enhancements specifically within the Redwood Self-Service Procurement module. 

Key improvements include:

  • Multi-Select Filters: You can now select multiple categories or suppliers at once when searching your requisitions.
  • Visual Updates: Side borders have been removed and the “Suggest Category” button has been replaced with an AI-friendly icon. 
  • Streamlined Text Entry: Edit descriptions and justifications fields directly in the shopping cart without opening a separate screen.
  • Enhanced Visibility: Item descriptions and supplier names are now hyperlinked, allowing you to view status, shipping, and billing details in a quick-view side panel.
  • Improved Billing & Splits: A new "Billing" column provides direct access to COA information for the selected line. Here you can split a distribution or assign project billing details directly within the line distribution view. 
  • Flexible Approvals: You now have the ability to manually add multiple approvers (such as a PI or Project Manager) at any stage of the requisition workflow.

What do you need to do?

No action is required on your part. These updates will be available automatically on Monday morning. 

Please note:

  • Oracle Financials is UCR’s system of record for financial transactions and financial reporting, including procurement, grants management, and more.
  • You are receiving this email automatically due to your allowed access to Oracle Financials.
  • Direct replies to this email address will automatically generate a “REJECT” notice; for inquiries, please contact Finance and Administration Support using the link provided above.

Sincerely,

Asirra Suguitan
Associate Vice Chancellor and Campus Controller
Business & Financial Services
http://bfs.ucr.edu/

 

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