Proven Techniques for Better Performance Management
Skillfully managing the finances of a higher education institution requires repeatable financial processes that work together to help plan and execute against strategic goals.
By aligning the operational budget, long-range plan, and forecasts, institutions can deploy a broad set of operational and financial drivers to power the planning process.
This e-book details 5 key strategies for effective, integrated budgeting and forecasting:
- Adopt a driver-based planning approach
- Embrace “what-if” scenario modeling
- Reforecast regularly
- Streamline and automate data collection
- Tie operational reporting to strategic objectives
Especially now, colleges and universities need both short- and long-term visibility into their financial position. This e-book will show you how.