Colleague Finance

Colleague Finance

Think about the number of decisions your staff makes every day that depend on sound financial data - from the registrar determining a student’s account balance, to a department director checking for available funds before approving a purchase order. Now consider the strategic questions being asked about your institution’s future.  Will the expected tuition and endowments meet our revenue goals? Have we implemented enough cost-saving practices to stay within budget?

With Colleague® Finance, your institution will have a complete picture of your financial situation.  You’ll know exactly how much is coming in and going out, with dashboards that signal changes and monitor metrics.  You’ll be able to examine trends and consider “what-ifs” to plan for the future.  And, you’ll be able to share this financial picture with others, giving the right people the ability to manage their own budgets and planning activities.

Colleague Finance brings together valuable strategic and financial information from across all departments -- so you can ensure the financial well-being of your institution.

With Colleague Finance, you can:

  • Empower constituents with financial self-service
  • Create and manage budgets, with modeling and forecasting
  • Meet accountability and compliance requirements
  • Maximize funding resources from grants and sponsored projects
  • Provide asset and property management