Syntellis Performance Solutions Introduces New Strategic Financial Planning Solution for Universities and Colleges

The web-based Axiom Strategic Financial Planning solution leverages a next-generation user interface, a modern platform design, and higher education-specific features to provide robust scenario modeling capabilities that empower colleges and universities to make informed decisions about new or improved revenue streams and the allocation of financial resources. Capabilities include:

2022 Survey of College and University Business Officers

Declining enrollments, increased inflation, and reduction in federal recovery aid have increased pressure on colleges and universities. While business officers reported that they are slightly less hopeful than they were in 2021, most are cautiously optimistic for their institutions’ financial stability and do not anticipate dramatic changes in how they operate. Read the report to gain insight on higher education leaders' expectations for the future. 

Key findings include: 

Budgeting & Beyond: Linking Financial and Operational Data to Plan Ahead 

Colleges and universities have access to more data than ever before, but many struggle to glean meaningful insights from it. In fact, 84% of finance professionals in higher education believe their institutions should do more to leverage financial and operational data to make informed decisions.  

Register for this webinar to learn:

The Demographic Decline and Colleges’ Financial Futures

For years, demographers have warned that higher education faced a projected decline later this decade in the number of Americans projected to graduate from high school, shrinking student cohorts in ways that could threaten colleges’ financial viability. The pandemic and the ensuing recession have resulted in roughly a million fewer students enrolling in college in 2021 than in 2019, raising concerns about college access and equity and straining institutional budgets. 

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