For the University of North Texas (UNT) System, early efforts at long-range planning were complex, time-consuming, and entirely dependent on a single employee’s skills to run Excel projections. Today, UNT System uses Syntellis’ Axiom™ Long-Range Planning (LRP) to evaluate potential new initiatives, quickly run scenarios, and enable an integrated financial planning structure.
From the impact of COVID-19 campus closures to new dormitory requests and even billboard advertising opportunities, UNT System uses Axiom LRP to build different scenarios that arm leadership with meaningful insights and data to guide decisions. Currently, UNT System is preparing Legislative Appropriations Requests to put forth to their state legislature in hopes of securing additional funding. But before making the official requests, finance leaders will use Axiom to run scenarios and determine which requests to submit.
“With Axiom Long-Range Planning, we’ve grown what we can do as an institution,” says Kerry Romine, Senior Director of Strategy and Planning. “In the past, we might have made decisions that were ill-informed. Now we don’t have to worry about that because we make decisions based on data that we can stand behind.”