How to Control Processes and Chores in Time and Prevent Overlap

Many IBM TM1 and PA systems have long-running processes, process trains and chores that can accidentally “step” on one another and cause undesired process or chore failure, rollbacks and thus consequent problems that can include partial data loads, failed data loads, & dimensional structure problems. All of which result in stress to administrators, upset by…

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How to improve your financial reporting process

Written By: Gary Cokins, Adaptive Insights Originally posted November 19, 2018 For FP&A, financial reporting is a tricky balancing act. If you share too many reports, business leaders may give up reading them all together. They are saturated. In a study by the American Institute of CPAs and the Chartered Institute of Management Accountants, 32% of C-level…

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Performance Based Budgeting in Higher Education

More states across the country are switching to performance-based budgeting as a funding method for public universities. By mid-2018, 36 states had already approved or enacted a performance-based funding plan for their respective schools. During a time when resources are limited, and the cost-benefit analysis of higher education is in question, there’s a need for better budgeting…

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Predictive Analytics in Higher Education: Getting ROI traction with your student and constituent management systems

The importance of higher education to our world and future well-being cannot be overstated. However, like healthcare, it is a complex environment with multiple often competing priorities. Institutions are mission-driven and manage a diverse set of objectives such as enrollment growth, academic achievement, efficient operations, thriving athletics, reputation management, and the essential development of constituents…

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Pros and Cons of Zero Based Budgeting in Higher Education

Current economic challenges have caused authorities to reconsider their funding policies. Governments are now considering the use of various budget approaches to ensure there is transparency, accountability, and efficiency in the utilization of public resources. One of the budgeting approaches lauded for its ability to address all of these concerns is zero-based budgeting. What is…

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