As education has rapidly adapted to an online presence, financial reporting must shift to accurately reflect associated changes in accounting and budgeting. Existing financial models cannot match the pace of education today, with many current business models not sustainable for the next five to 10 years. How do you get control of your data to provide the visibility your institution’s leadership needs to make the best decisions for the future? It’s all about putting financial reporting back in the hands where it belongs: Finance. Dig deeper on how this can benefit your institution with this infographic.
Financial professionals in higher education face additional challenges with budget planning, because their budgets aren’t just based on historical data. Read more about how the right budget planning can simplify your processes.
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