Leading Colleges and Universities Adopt Syntellis’ Axiom Higher Education Suite to Guide Decision Making and Aid Financial Recovery

CHICAGO August 6, 2020Syntellis Performance Solutions, a leading provider of enterprise performance management software, data and analytics solutions for healthcare, higher education and financial institutions, today announced an additional nine colleges and universities that have, among others, adopted the Axiom Higher Education Suite as their enterprise performance management software of choice.

Ellucian Integration

Make decisions faster by bringing together your ERP and finance data 

Integrating Axiom Higher Education Suite with Ellucian's general ledger, human resources, and student information systems gives your team one view of critical expense, revenue, and other financial data to inform operational budgeting, tuition, and long-range planning. 

  • Accurate up-to-date data
  • Integrated ERP & Finance reporting and dashboards from one system
  • Drill-down to transactional details to determine root causes and course correct 
  • Automate workflows and approvals to shorten budget cycles

Read the solution brief

Up-to-date ERP data flows seamlessly to your financial planning process

 
 
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Tired of tracking down the latest enrollment data to feed your tuition and finance plans? Through the Ethos connected partnership, Axiom Higher Education suite brings in data from your Ellucian systems automatically, so you can base planning decisions on accurate, timely information. Standard API integration makes it fast to deploy and easy to maintain.

Axiom Higher Education financial planning solutions offer a flexible data model, cloud convenience, and rich modeling capabilities for all enterprise planning processes, including budgeting and forecasting, capital planning, long-range planning, grants planning, and tuition planning.

See how UA uses timely data for faster decisions

“We have a nightly data load from Ellucian to Axiom that occurs automatically and seamlessly. We go home, and when we return the next day, the data is updated.”
Adam Tate
Executive Director of Finance, The University of Alabama Central Office

LEARN MORE ABOUT HOW AXIOM & ELLUCIAN ARE BETTER TOGETHER


 

 

Assess the Financial Impact of Enrollment Changes with Tuition Planning

Students, parents, and higher education leaders alike have spent much of the spring wondering if college and university campuses will reopen in the fall of 2020. If so, how many students will attend? Will an in-person fall semester even be possible due to the continued impact of COVID-19?

While administrators struggle with many competing issues, fall enrollment is top of mind for most because tuition accounts for nearly 50% of revenue. And unlike many other forms of revenue, tuition is the least-restricted funding source.

Interview: Eugene Sunshine on Financial Leadership in Times of Crisis

Eugene Sunshine retired from his position as Senior Vice President for Business and Finance at Northwestern University in 2014. With almost 30 years’ experience in higher education finance and administration, Sunshine has helped to guide institutions through good times and bad, including the financial crisis of 2007-08 and the ensuing Great Recession. We asked him to discuss the importance of financial leadership at colleges and universities during times of crisis.