Higher Education
Solutions for Higher Education Institutions
Monitor Your Campus Resources and Spending
Every school year, there are never-ending flow of operating costs and revenue streams for your institution. Streamline your financial and operational processes with an FP&A solution that’s designed to help you spend less time on managing budgets and more time developing innovative learning experiences.
Doing it all in one place: Budgeting, Forecasting, and Reporting
Tuition Revenue
Based on your enrollment management plan, calculate tuition revenue, student fees, room and board, and revenue streams
Expense & Enrollment
The enrollment of students across faculties and academic programs can be planned by cohort, by type of student
Allocate Funds & Grants
Enhance transparency by tracking transactions across thousands of accounts and identifying funding not being strategically used
Reports within Minutes
Share ad-hoc reports with stakeholders on the fly with all your key metrics. Dashboards and visualizations can be created in a few clicks
Collaborative and Intuitive with your School's Office of Finance
Fiscal Responsibility
Balance fiscal responsibility with the best interest of your students, staff and faculty in mind
Collaboration
Collaborative workflow and user permissions that keeps your Executives, Managers and Users accountable with audit trails and any changes
Plan with Agility
Connect your models to include What-If Scenario Analysis so your organization is able to adapt plans and strategy for changes in enrollment, tuition, grants and endowments
KPIs and Metrics that Matter for Higher Education
Instructional Costs
Evaluate the cost of your institution's part-time and full-time faculty members
Revenue, Grants & Funding
Monitor cash flow from alumni donations, research grants, fundraising, federal funds and other benefits
Program & Department Budgets
Analyze and compare budgets by school term, semester or year with your actuals
Student Financial Aid Percentage
Amount of scholarships and government aid given to students
Admin Cost per Student
How much your school is spending in admin costs per student
Tuition Costs
Maintain an annual or semester-by-semester record of student costs
Integrate Student and Faculty Data for Accurate Planning
Migrate your current processes for a modern, fully supported planning and reporting tool. Working with ProLytics, our team will help you tap into data insights from your dashboards to keep track of your firm’s real-time profitability and more.
Sync Up with Student Information Systems
Connect your enrollment and individual student data so you can plan with the most up-to-date numbers
Connect your Payroll and HR systems
Easy integrations to your existing systems and current data sources such as ERP, HR, Payroll, Fixed Asset Management or Data Warehouse to optimize your institution's ROI
Prepare Reporting Packages and Templates
Develop template reporting packages to view your existing balances for student fees and tuition, employee and faculty payroll expenses, revenue by department or campus
Time-Saving Financial Planning
ProLytics provides detailed budgeting and forecasting, scenario modeling, financial and management reporting, and dashboarding. These are some of the planning processes that we can help implement:
Cost Allocations
Workforce Planning
OPEX and Revenue Planning
Forecasting
Budgeting
Financial Reporting
Our Recent Client
Our team has worked with institutions on their very own and unique Educational Finance Planning and Reporting solution.
Request a professional Planning Session with one of our Solutions Specialists.
In less than an hour-long discussion with our Solutions Specialist, we will understand and appreciate your company’s data requirements and craft a
custom plan complete with budget estimates.
