Education and Research: Budgeting and Financial Management
Planning for the future has never been more important. Leaders must proactively identify risks and adopt best practices for effective financial management and resource allocation.
Featured Insights
It's a Win-Win: Dean Development Drives Institutional Outcomes
Developing a bench of high-impact deans can prove beneficial for the individuals in question and yield improved results for the larger institution.
Read MoreBudget Model Redesign: Moving Beyond Excel and Introducing Technology
For higher education, considering, designing, selecting and sustaining a new budget model requires a deep understanding of the specific attributes of each model.
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How We Can Help
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Align Your Budget Model With the Enterprise Strategy
Align Your Budget Model With the Enterprise Strategy
Budgets are critical to aligning resources and investments with your strategy and mission and should seamlessly connect your entire organization to support these goals. An effective budgeting process serves as the foundation for an institution’s long-range strategic, operational and financial plan. Huron helps leaders secure the near-term financial health of their colleges and universities by accurately detailing expected expenditures, monitoring historical progress and aligning activities to meet financial objectives.
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Plan For Your Future
Plan For Your Future
Your strategic plan continues to evolve so should your financial plan. Modernizing financial planning is critical to building agility in your organization and ensuring your leaders are aligned on short- and long-term objectives. Huron helps colleges and universities refine their financial plans and align those plans to long-term institutional strategies. With one of the largest teams dedicated to implementing end-to-end enterprise performance management solutions, we help you make the best decisions to support your unique needs.
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Restore Your Financial Health
Restore Your Financial Health
Enrollment shortfalls, funding gaps and increasing costs are challenging leaders to think more about their long-term sustainability or, in some cases, forcing institutions into financial distress. Huron’s education experts work side-by-side with you as you navigate near-term challenges and restore the financial health and sustainability of your institution.
Technology Partners
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Oracle
Enable your transformation with technology solutions designed for your organization.
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Workday
Align business objectives, processes and workflows to activate solutions tailored to your specific needs.
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Anaplan
Unlock enterprisewide insights to support decision making using planning, forecasting and scenario management solutions.