Student Numbers & Income Planning Solutions For Higher Education

Features include:

• A single dynamically calculating, multiple-user, database solution. When a single figure is changed (eg a fee band, progression rate, or student Heads), the solution automatically ‘instantly’ updates ‘all dependent numbers’ and reports without recourse to running any ‘update routine’
• Multiple plans, forecasts, and scenarios (operational, in-year re-forecasts, strategic plans, and for risk management) side-by-side, each a single version of the truth, instantly available for comparison and reporting
• Comprehensive in every respect: all levels, programme types, modes, fee status, and delivery mechanisms, including campus, partner and trans-national teaching in a single database performing end-to-end calculation from Heads/FTEs recruitment, progression, fees etc
• Easily configured to your institution’s requirements
• Flexible and future-proof for when your requirements change; capable of being updated easily and managed internally with little or no external support
• Robust, transparent, traceable, with drill-down and easily audited
• Version control and comprehensive in-built checksums and warnings to alert missing data and ‘outlying results’ for ensuring confidence in the outputs
• Supports both central and devolved planning, eg both central Planning and Finance Department as well as local, School-based, planning with version control
• Easy ability to create ‘instantly’ and to compare new re-forecasts, plans, scenarios etc for operational and strategic planning and for risk management
• Compatible with, and imports ‘actuals’ data easily from any Student Record System
• Full professional, comprehensive, web-browser reporting pack, of ‘actuals’ budgets forecasts, variances etc. Additional reports can be authored by users easily without external support from Account-Ability
• In-built capability to export to any BI or analytics system
• Typically implemented, including balancing initial data and training of users in ~ 16 days, spread over ~ 5 weeks
• Available as both a SaaS application in the Cloud, or hosted on premise

Why You Should Use Account-Ability Student Numbers & Income Planning Solution

Account-Ability works with nearly 50 HEI’s and has over 27 years’ experience of HEI planning requirements. Here’s how you can benefit from Account-Ability Student Numbers and Income Planning:

• Delivers a fully integrated, modern, dynamic, integrated and flexible solution: Multiple plans, forecasts and scenarios with version control; eliminates the problems with ‘disconnected and static’ models
• Multiple plans, re-forecasts and scenario planning made easy: Run multiple in-year and 5-year iterations, re-forecasts and scenarios; investigate multiple strategic options - all within the one database. All are easily compared alongside historic data
• Bring clarity and transparency to assumptions: Student number and fee income models contain a myriad of variables and assumptions. Tracing and validating these is difficult in other systems. Accountant-Ability makes it easy to trace and report data and assumptions and alerts users to omissions
• Professional Quality Reporting to your Executive, Heads of School, and other senior managers: Our solution comes complete with fully-integrated reports, designed to your specific needs. They are easily edited and update automatically with changes to the model
• Save time and cost and add more value: Being an integrated, multiple forecast/scenario planning model, our solution is more efficient and shortens planning cycles. This frees time for value-added tasks, including evaluating strategic alternatives and managing risk
• More understanding of the dynamics and previously hard-to-explain figures: In other solutions it is often hard to explain the ‘dynamics’ of the model and the results. Account-Ability makes this clearer benefitting understanding and decision making, especially around scenarios and risk
• Benefit from 27 years’ of Account-Ability HEI planning experience: Account-Ability has over 27 years’ experience of HEI planning needs. Our Student Number and Income planning solution uses a library of proven ‘standard blocks’ adjusted to your specific requirements. This delivers fast implementation (~ 5 weeks) and retains as much standardisation as possible. With training, your users will be able manage and adapt the solution themselves ensuring cost-efficient ownership
• Confidence in software and platform: Account-Ability Financial Governance uses Corporate Planner software. This software is an advanced FP&A application used by 5,000 organisations. It has been developed continuously for over 35 years by CP Corporate Planning a leading FP&A software developer. Cloud hosted it making no demands and placing no footprint on your IT Services
• Extension to other Account-Ability solutions: The benefits of Account-Ability Student Numbers are large and stand by themselves. You can obtain additional benefits with the same software from our other solutions, including:
• Account-Ability TRAC
• Account-Ability Budgeting and Forecasting
• Account-Ability Financial Governance, Scenario & Strategic Planning
• Account-Ability Staff Planning