As colleges and universities face significant operational and economic headwinds, modeling multiple scenarios to map a sound financial plan has never been more essential. However, data access challenges and error-prone, manual processes often inhibit an institution’s ability to fully vet initiatives, meaning substantial investments — such as a new building or program — can be approved without a full understanding of the financial impact.
Watch this on-demand webinar to hear the key steps to building strategic financial plans, including:
- Defining a “base case” to evaluate the best, worst, and neutral impact of scenarios
- Determining the correct mix of drivers, initiatives, and assumptions
- Comparing scenarios and evaluating the financial implications
- Collaborating with stakeholders to build consensus
We’ll also provide a demo of Axiom™ Strategic Financial Planning, a new web-based solution that provides robust scenario modeling capabilities to support data-informed decisions that shape your institution’s financial future.