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Western Kentucky University

Higher education leaders nationwide face mounting challenges as colleges and universities contend with growing uncertainties ranging from enrollment declines to significant reductions in funding.

Customer Story

Modernizing Budget Processes

Successfully introducing new software in higher education requires more than just a smooth technical rollout — it demands intentional, well-managed organizational change to drive long...

Report

Labor Planning in Higher Education - Solution Brief

Axiom® Labor Planning, part of the Axiom® Higher Education Suite, enables higher education leaders to take a more strategic, data-driven approach to workforce and compensation planning...

Services & Solution Brief

Why Higher Education’s Financial Crisis Is Compounded by a Collaboration Crisis

Higher education institutions are facing mounting financial pressure from declining enrollment, rising costs, shrinking international pipelines, and growing skepticism about the value...

eBook

Yale Streamlines Budget Process and Improves Reporting with Axiom Software

Yale University transformed its budgeting and planning process with Strata’s Axiom® software, creating a more connected, flexible approach to financial management across its complex...

Customer Story

In-Year Labor Forecasting Best Practices: Improving Accuracy Through Real-Time Planning

In an environment where labor costs account for about 60% of institutional spending, colleges and universities must have tools and processes to precisely and continuously monitor these...

Article

2025 Survey of College and University Business Officers

A new Inside Higher Ed and Hanover Research survey — sponsored by Strata Decision Technology — highlights growing concern among higher ed business officers as they face shrinking...

Report

College and University Business Officers Cite Pain Points, Concerns Over Mounting Financial Pressures

Colleges and universities nationwide are navigating a financial landscape defined by volatility and constraint. Results from a recent survey conducted by Inside Higher Ed and Hanover...

Article

Driving Financial Transformation and Strategic Alignment at Western Kentucky University

Learn how leaders from WKU used strategic financial planning to strengthen long-term financial health, including: Shorter budget cycles that increase agility Centralized data to prevent...

Webinar

5 Ways Strategic Financial Planning Supports Long-Term Financial Health in Higher Ed

Many colleges and universities today face a perfect storm of financial pressures: shrinking enrollment, declining tuition revenue, and funding reductions. When Renaldo Domoney...

Article

Balancing Vision and Viability: A Strategic Framework for Long-Term Financial Planning

Today’s higher education landscape is marked by change and uncertainty. Shifting enrollment, an unpredictable funding landscape, and pressure to demonstrate institutional value have...

Blog

How Lehigh University Uses Strategic Financial Planning to Guide Vital Decisions

Lehigh’s finance leaders wanted a comprehensive strategic financial planning solution that would allow them to streamline budgeting processes and draw data from various source systems.

Article

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