Vital Answers: Financial Performance Analytics for Higher Education
Session Number: 30612
Track: Reporting and Business Intelligence
Sub-Categorization: BI tools- Other
Session Type: Case Study
Tags: Analytics, Business Intelligence, Case Study, Financial Reporting, Reporting Tools
Primary Presenter: Edward Nieskes [Vice Chancellor of Administrative & Student Life Services - University of Wisconsin - Stout]
Co-Presenter: Alex Cunha [Practice Director, Higher Education - eThority, Inc.]
Time: Mar 20, 2012 (09:30 AM - 10:30 AM)
Room: Canal D
Learning Objectives from Session: Attendees will learn:
How University of Wisconsin-Stout is leveraging data models for financial performance to join disparate data sources, gain insight and increase user adoption rates.
How to improve financial reporting for their institution.
Version Presenting: N/A
Level of Customization: None or N/A
Level of Partner Integration: Shared Institution/Partner
Project Phase: Production
Project Go Live: Earlier than 2011
Target Audience: All
Audience Level: General
Your Training in this Area: Nearly 15 years experience working with PeopleSoft Financials and HRS.
Description: Today more than ever many colleges and universities find themselves in a pinch because of recessionary factors affecting giving and enrollment, in addition to deep cuts in state funding. Compounding the problem are the high cost of software upgrades and the ongoing support and maintenance fees. As the Higher Education software environments continue to grow and thrive, a key component is missing from the solution. Institutions are collecting massive amounts of critical data in their PeopleSoft applications, databases and other disparate systems, but the data is largely inaccessible to business users for interactive report writing, “user-obvious” dash boarding, alert monitoring and comprehensive on-the-fly analysis. Reports that were “good enough” yesterday don’t provide the vital answers needed today to achieve financial efficiency while still maintaining the highest level of education delivery. During this session, attendees will learn why a number of institutions, including University of Wisconsin - Stout, are leveraging data models for financial performance powered by innovative, affordable technology. The result: a remarkably high business user adoption rate, a compellingly low total cost of ownership, and the vital answers needed in Higher Education.