Education

OVERVIEW OF EDUCATIONAL SERVICES

Educational organizations focus on a different mission than a commercial enterprise.
While the key accounting modules are often similar: budgets, cash management,
reporting as well as identifying and tracking operational costs. That being said,
their accounting needs can differ in many ways. Maintaining data integrity and
reducing revenue leakage is key to lean and well run educational organization.
Having a partner that is well versed on implementing software developed specifically
for usage across educational organizations is key.

SOFTWARE THAT MEETS THE SPECIFIC NEEDS OF EDUCATIONAL ORGANIZATIONS

The majority of educational organizations work on a non-profit basis. This requires
robust fund accounting practices and the capability to database large amounts of
information pertaining to students. All with the functionality to tie back into your
accounting system. Integration of information enables lower total cost of ownership
through efficiencies associated with keeping all critical information within a
centralized database. When records are not duplicated across multiple systems there
is a major time savings. Cloud software greatly reduces total cost, through the
enablement of allowing staff can access information easily from within one single
system.

Tracking the allocation of an individual fund is similar to managing the finances
for a separate entity. Funds are accounting entities. They have self-balancing
accounts that record cash and other assets. They also have related balances and
liabilities. Enabling a cloud platform with a fund accounting approach allows
educational organizations to track and report on all expenditures with a clear
picture of specific fund source.

TOP 5 BENEFITS OF ACCOUNTING SOFTWARE BUILT FOR EDUCATIONAL ORGANIZATIONS 
• Designed around fund accounting practices
• Budgeting tools that create a clear and concise picture
• Native Integration between finance and student information
• Reduced operational costs through the automation of manual processes
• Robust accounting modules that consolidate into accurate reporting

OUR ROLE IN YOUR JOURNEY

software technology partnerAs a division we pride ourselves as being a collection of high level IT, CPA and financial professionals. We realize that most customers initial assumption is they are simply buying software. What they don’t realize is that the partner they select is equally important to the future success of the software, as the software itself.

As your partner it’s our role to bring to light and define each and every challenge that you are facing, and work with you to establish the proper decision criteria to create the ideal future road map.

RECENT POSTS

RECENT NEWS

Upcoming Events

December 6 - December 8

Internal Audit Bootcamp

Events, Seminars,
Seminar Cost: $995.00 Click here to view seminar details Click to register Agenda This event will be hos...

February 8, 2018 - February 9, 2018

Leadership Summit

Events, Seminars,
Seminar Cost: $795.00 Early Bird Price: $695.00 (Expires January 7, 2018) Click here to view seminar details ...