Strategic Planning and Modeling in Higher Education
With years of experience ranging from small private colleges to large public universities, Synario can help higher education finance leaders uncover their best strategic plan.Discover Synario
SUCCESSFUL STRATEGIC VISIONS
Powered By Financial Modeling Software
The strategic planning process in higher education can be a daunting task if your finance team is using spreadsheet-based financial models. Release the visionary in you with powerful financial modeling intelligence (MI) from Synario. Uncover your college or university's best strategic plan with powerful scenario planning and modeling features in Synario. Read how Chapman University modeled their new program offerings using Synario (see the synopsis).
Building Boardroom Consensus
Synario automatically generates interactive reports and charts. Stakeholders can actively query models during boardroom presentations.
Projecting Student Revenues
With the advent of online learning and ever changing state funding it's more important than ever to stress test your student revenues.
Impacts of Capital Project
Synario automatically ties out the financial impact of capital projects and initiatives across all of your institution's financial statements, including cash flow.
Rating Agency Presentations
Build your credit rating with dynamic presentations from Synario. Visually show your strategic plan and adjust assumptions on-the-fly.
Evaluate New Programs
Adding a new program to your college or university? Let Synario show you the most financially stable trajectory for your higher education institution.
Assess Debt Capacity
Analyze the debt capacity of your college or university while evaluating potential initiatives and scenarios. Explore your borrowing capability with Synario.
Scenario Analysis Built for Higher Education
Seamlessly Build, Analyze, and Manage Micro and Macro Scenarios
Whether you are planning capital expenditures or testing new student revenue models, scenario analysis is a critical component to find your college or university's most successful future.
With Synario, you can easily implement industry-leading scenario analysis at any stage or component of your financial model. Synario makes it easy to manage even the most complex scenarios using user-friendly toggles and drop downs. Each micro scenario can be isolated and analyzed to perform sensitivity testing or grouped together to create macro scenarios with simple on/off switches.
By making it easy to explore the unlimited possibilities contained within your financial future, Synario enables higher education finance departments to lead their college or university towards a brighter future.
See How Other Institutions are Utilizing Synario for Higher Education Financial Planning
Synario enables any sized college or university to make better-informed decisions. See how Wofford College and Endicott College use Synario to prioritize multi-million dollar projects, analyze new tuition revenue structures, and more. Click the links below to read the full case studies
99% Fewer Formulas
100% Free of #ref errors
3 Integrated Financial Statements
Fully Integrated Financial Statements
Strategic planning in higher education requires both reliable financial projections and a deep understanding of how various projects, initiatives, and scenarios will impact your college or university.
The Synario modeling engine communicates changes to your projected financial statements, including cash flow, as you make them. Alter certain assumptions or initiatives in the balance sheet and they will automatically alter your cash flow projections. Scenarios with cross-statement impacts can be explored quickly and efficiently within the same model, saving your higher education finance team from hundreds of hours of model versioning and management.
When comparing us to other financial modeling services...
Synario helps you make decisions faster. Our modeling platform uses patented layering technology to quickly alter statement projections without needing to save and redistribute data-oriented results.
Gain insight into your organization's financial future faster with Synario.
Why Choose Synario
Informed higher education strategic planning is integral to the continuing success of every college or university. Key performance indicators need to be projected into the future in relation to strategic objectives and initiatives.
Synario comes with preloaded financial relationships, allowing higher education institutions to view the full-field of actionable strategic directions. Create a planning process that yields collaboration and credibility across any sized higher education institution with Synario.
Synario is the higher education strategic planning software used by over 70+ higher education institutions. Our knowledgeable customer success team has helped hundreds of financial professionals model financially complex strategic visions. Head to our library of use cases to see some examples of the initiatives listed below.
PhD programs are often costly for higher education institutions. For Chapman, this meant that these programs will “run negative,” and the challenge was modeling how negative.
Having access to a platform that accurately determines future consequences is critical. Harold W. Hewitt Jr., Chief Operating Officer, explains, “It takes a complex, integrated, rigorous modeling tool like Synario™ to be able to integrate all of these assumptions and plans, and assure all of us that adding the program will be consistent with the overall financial goals of Chapman.”
Synario™ allowed Chapman to confidently add a PhD program in communication studies, which was a predetermined component of their current strategic plan.
Designed for Collaboration
Synario's financial models are not just meant for modelers. Through the Synario software, CFOs can adjust and modify assumptions and initiatives, quickly creating new views of their organization's future. Meanwhile, stakeholders can view specific presentations composed of accessible insights from financial or strategic model outputs.
Configure, analyze, and understand your financial models from any position.