How to Build a Strategic Financial Plan

As colleges and universities face significant operational and economic headwinds, modeling multiple scenarios to map a sound financial plan has never been more essential. However, data access challenges and error-prone, manual processes often inhibit an institution’s ability to fully vet initiatives, meaning substantial investments — such as a new building or program — can be approved without a full understanding of the financial impact.  

In this webinar, we’ll share the keys steps to building strategic financial plans, including:  

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: 

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