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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Planning for Higher Ed Professionals: How to Better Plan for Faculty with Multiple Roles

In almost all Higher Education institutions, especially more research-focused schools, faculty almost always wear multiple “hats”. Their responsibilities can be spread across teaching activities, research, administration, and other value-added roles like a physician at a university hospital. This creates a unique planning challenge, as administrators are increasingly tasked with a better understanding of how their…

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Taking the pain out of your ERP transition

Written By: Ted Pibil, OpenGov Originally posted March 13, 2018 Time for an upgrade Few phrases cause heartburn faster than “ERP (Enterprise Resource Planning) system upgrade.” Yet most governments have recently completed, are currently undergoing, or will soon begin a major ERP project. There’s good reason - many ERPs are aging and can no longer…

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Lifecycle Management in Planning Analytics Workspace

Lifecycle Manager is an administration tool that allows administrators to migrate objects from one environment to another. The administrator performing the migration must be logged into Planning Analytics Workspace and have access to view the objects being migrated. Within Planning Analytics Workspace, Lifecycle Manager is accessed through the Administration page under your name on the…

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Budget Cycle Management – Manual vs. Automation

Budget cycle management may be the most important series of tasks completed by an organization as it relates to finance. Often, budget cycle management will involve a combination of individuals on the Financial Planning and Analysis (FP&A) team, as well as individuals in the Financial Systems or Information Technology (IT) functions. Employees on FP&A teams…

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