Industry Whitepaper, 2.5.2019
Higher Education Institutions are facing increasingly unstable revenue streams and fluctuating costs, putting pressure on them to become more flexible and proactive in the way they manage enrollment, expenditures, and perform fiscal planning. Technology for institutions has advanced drastically, become less expensive with faster implementation cycles, allowing them, to gain better insight into their financial health and effectively manage risks for the future in recent years. Within this paper, we will discuss what the environmental challenges within Higher Education are, what causes them, what opportunities have materialized as a result, and how institutions can effectively manage and capitalize on them through updating processes and methodologies and leveraging technologies.
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