Educational institutions should establish mechanisms to ensure that funding and tuition revenues are used to maximize student learning. The Smarter School Spending initiative is a new way of aligning resources with student achievement goals. It helps determine instructional priorities, identify revenue maximization opportunities, evaluate and prioritize cost savings options.
Automates the creation of budgets and long-term forecasts based on drivers and assumptions (changes in enrollment, academic needs, salary and benefit structures, class sizes, closing or opening schools, new academic programs, etc.) to help determine the required funding and dollar impact on fiscal targets and key ratios.
Our Solution enables collaboration and knowledge sharing by enforcing repeatable best practices, business rules, calculations, and automated workflows in a centralized environment. It is easy to implement, learn, use, and is an essential decision support solution that any public or private educational organization will benefit from.