Navigating the Changing Financial Environment for Higher Education
Modernizing Financial Processes with a Unified Financial Platform
Client: OneStream
Format: Solution Brief
The Challenge: : Higher education institutions have suffered revenue shortfalls from pandemic enrollment drops and must heavily invest in digital curriculum delivery. Financial officers are hampered by siloed, outdated spreadsheets and legacy systems that make accurate long-term financial planning and budgeting nearly impossible.
The Solution::The OneStream Intelligent Finance Platform replaces manual spreadsheets with a unified system for dynamic, driver-based planning, reporting, and consolidation. It drastically reduces financial close times and allows institutions to seamlessly run "what-if" funding scenarios to ensure financial health.