Customers

Solutions for the Education Industry

PROPHIX has been providing education organizations with performance management solutions for over twenty years. PROPHIX has enabled both public and private education institutions with the ability to monitor and measure corporate performance and proactively react to changing market conditions when required. PROPHIX offers an all-in-one performance management solution that provides detailed budgeting, planning, analysis, forecasting, reporting and consolidation functionality to help organizations better manage their business.

Why PROPHIX for Education Organizations

Education organizations use PROPHIX Performance Management software and services to:

• Forecast different revenue streams such as research hospitals, distance learning, alumni services, enrollment numbers
• Allocate faculty members across departments
• Track grants, endowments and other funds
• Produce relevant KPIs, including enrollment numbers, student/professor ratio and cost per FTE
• Control fixed costs associated with instruction and administration
• Manage and forecast student/faculty ratios to stay on top of expenses
• Accurately group student types (part-time, full-time) for precise revenue planning
• Generate detailed staff plans including tenured, non-tenured and adjunct faculty amd other staff, administration, and other costs
• Create thorough operating expense plans breaking down all instructional and administrative costs
• Produce driver-based plans using key performance indicators: acceptance rate, enrollment and graduation rate

PROPHIX Education Clients

• Wayne State University
• Golden Gate University
• Educational Services of America
• Southeastern University
• Empire Education Group
• Coastal Training Technologies Corporation
• Specialized Education Services, Inc. (SESI)
• Lincoln Educational Services
• ATI Enterprises
• The Jewish Theological Seminary