Syntellis Performance Solutions Introduces New Strategic Financial Planning Solution for Universities and Colleges

CHICAGO–(BUSINESS WIRE)–Syntellis Performance Solutions, the leading provider of enterprise performance management software, data and intelligence solutions, today announced the release of Axiom™ Strategic Financial Planning to help educational institutions superior to better plan, budget, forecast and report on their finances. This innovative new solution will result in greater operational efficiency and improved profitability analysis to guide accurate medium and long-term financial plans.

The Axiom Strategic Financial Planning web-based solution leverages a next-generation user interface, modern platform design, and higher education-specific features to provide robust scenario modeling capabilities that enable colleges and universities to make informed decisions on new or enhanced revenue streams and allocation of financial resources. Capabilities include:

  • Ability to assess the multi-year financial impact of initiatives by generating comprehensive, GAAP-compliant statement of operations, balance sheet and cash flow reports

  • Flexibility to instantly create and compare infinite scenarios, supporting stakeholder collaboration and accelerating decision-making

  • Ability to model the financial impacts of additional debt and capital investments, including various financing options that show up in financial statements

  • A framework for financial goals and funding thresholds to inform operating budget, capital planning and tuition planning processes

  • Ability to assess KPIs and benchmark performance against peer institutions or track Moody’s goals via intuitive live dashboards

“In the face of inflation, declining funding and increased competition for students and staff, universities and colleges must set out multi-year financial strategies to prepare for dynamic market conditions,” said Flint Brenton, CEO of Syntellis. “Leveraging data and fully assessing the impact of internal and external factors is essential, but beyond what most institutions are capable of today. A modern financial planning solution like Axiom Strategic Financial Planning provides higher education leaders with the information needed to make sound decisions and the agility to react quickly to any changing market conditions.”

The addition of Axiom Strategic Financial Planning to Syntellis’ robust suite of intelligent planning and performance solutions for higher education will help universities and colleges create and fully verify medium and long-term financial plans to strengthen their overall financial situation. Clients can develop an unlimited number of pilot-based models, forecast impact on financial statements, gain approvals across their institution, and communicate financial plans and performance to key stakeholders.

About Syntellis Performance Solutions

Syntellis Performance Solutions provides innovative enterprise performance management software, data and intelligence solutions for healthcare, higher education and financial institutions. Syntellis’ solutions include Axiom and Connected Analytics software, which helps finance professionals improve performance by gaining insights, accelerating decisions and advancing their business plans. With over 2,800 organizations and 450,000 users relying on its solutions, Syntellis has proven industry expertise to help organizations turn their visions into reality. For more information, please visit www.syntellis.com.

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