Know the impact of your decisions on long-term solvency.
One-year state budgets. Midyear cuts. Fluctuating enrollment. It’s challenging enough to create accurate financial projections; it’s even tougher when the assumptions change. With Forecast5, you’ll spend less time assembling data, freeing you to focus on analyzing potential solutions.
“In the past, I would manually pull data into Excel to aggregate and analyze. With 5Cast, I can automatically pull data across multiple funds and easily adjust predictions and inputs for instant results. Using the system for two years now, our forecasting is very accurate and has been within minimal variance of our actual year-end balance.”
Hunter Throckmorton, Controller, Tyler Junior College
Most of our higher education customers operate in an environment of uncertainty and constant change. Dwindling state and local funding puts more pressure on tuition to maintain revenues. Midyear state budget cuts make it necessary to find short-term savings or new revenue. Forecast5’s higher education financial management and data analytics tools are designed specifically to maintain a clear, up-to-date view of the future to address the challenges you face every day.