Prophix for higher education amplifies institutional planning and analysis by aligning enrollment to expense calculations to minimize risk and maximize accuracy leading to sound financial health.
Enrollment has become unpredictable, and planning by a program is often complex. Aligning staffing needs and other costs to meet the enrollment plan is key. With Prophix for higher education, you can drive accountability when you plan by Dean or program. Minimize risk by automating the link between enrollment, people costs, and other operating expenses and maximize accuracy by centralizing calculations and business logic leading to sound financial health.
Institutions are complex organizations, and connecting the mission to financial goals is challenging. Financial reporting and analysis are key to addressing this challenge head-on. With Prophix for higher education, you can enhance financial planning and analysis processes to allow real-time review of critical KPIs and drill into the supporting details. Act faster by fostering collaboration and data-driven decision making to support the institution’s vision and strategy.
Plan enrollment by program and automate the link between enrollment and expenses.
Align expense planning with enrollment planning and centralize calculations and business logic.
Integrate all source systems and centralize calculations, business logic and modeling.
Act faster by the real-time review of KPIs and supporting details.
Discover our platform and unlock your potential for successs.
Streamline budgeting and planning processes while improving collaboration.
Easily create accurate forecasts that empower you to make better data-driven business decisions faster.
Equip your business with the ability to plan, pivot, and change direction in dynamic markets.
Shrink management and board reporting windows with automation.
Interactive visualizations provide context, measure performance, surface powerful insights, and accelerate decision-making.
Provide data clarity to empower your institution to drive financial performance and prepare for the future.
Be a trusted advisor through meaningful insights and prepare your leaders for the road ahead.
Predict your revenues and manage costs to drive business growth and agility.
We were able to put together a report in Prophix that we have scheduled to run every month. That report has been transformative for so many people because they now have insight into something that was veiled or hidden. With Prophix, I can get the right information to the right people so they can act.
Director of Financial Planning and Budgeting