Labor Cost Analysis
For a Sustainable Future.

Financial modeling software for labor cost analysis helps you make better, more informed decisions for long-range workforce forecasting and staffing.

Financial modeling software for labor cost analysis helps you make better, more informed decisions for long-range workforce forecasting and staffing.

Financial Modeling Software for
Labor Cost Analysis in Higher Education.

Informed decision-making when it comes to the hiring process, is paramount for sustainability. For institutions seeking to responsibly engage in financial modeling for labor cost analysis and staff planning, Synario is the tool you need to succeed. The Synario platform is customizable to how you see your financial world. Dynamic financial modeling software helps you navigate the complexities of decision-making for strategic forecasting your labor costs with confidence.

Bring your labor cost analysis to the next level by upgrading your FP&A with Synario

Some of what our clients are
modeling in the Synario software:

  • Personnel costs
  • Retirement and 401k planning
  • Tuition Revenue
  • New Enrollment Options and projections
  • Grant Funding
  • New Program Analysis
  • KPI tracking

Some of what our clients are modeling in the Synario software:

  • Personnel costs
  • Retirement and 401k planning
  • Tuition Revenue
  • New Enrollment Options and projections
  • Grant Funding
  • New Program Analysis
  • KPI tracking

Overcome Higher Ed's Biggest Challenges

Here's how FP&A technology and the Synario financial modeling software platform can tackle higher ed's biggest challenges. Proactively take on the future with our whitepaper here.

Financial Software That's Trusted By
Forward Thinking Institutions

Strategic Resource Allocation:

Use advanced analysis techniques and different potential growth rates to inform strategy on how to optimally distribute funds through departments and hiring. Use your labor cost analysis to encourage a a sustainable financial mindset.

Risk Mitigation:

From fluctuating enrollment numbers to evolving regulatory requirements, higher ed institutions face a unique set of challenges. Synario lets you create a financial model that helps you avoid financial pitfalls with the power of flexible assumptions and unlimited exploration.

Synario comes out of the box with automated GAAP-compliant accounting, automation helps to reduce human error and speed up your work processes, so you can get back to planning for a successful future.

Long-term planning:

Incorporate elements such as retirement and 401k planning into your models to project labor costs over long periods of time. By accounting for future financial obligations, you can work proactively to make sure that your institution remains in good financial standing for years to come.

Consider a host of possibilities for new initiatives and capital planning. Proactive planning and deep-dive analysis tools help enable Opex and Capex to live in harmony. Synario helps universities work toward providing for its staff and allows institutions to model around and plan for fluctuations in retention.

“[Synario] has become an invaluable tool for our organization.  The flexibility to model multiple variables and scenarios provides the directionally correct financials which inform our decision making, and ultimately help shape the direction of our institution."

– Harold W. Hewitt Jr., Vice President and Chief Operating Officer

Fully Integrated
Financial Statements

Strategic planning and analysis requires both reliable financial projections and a deep understanding of how projects, initiatives, and scenarios will impact your organization.

The Synario software modeling engine changes to your projected financial statements as you make them. Alter assumptions or initiatives in the balance sheet and they will automatically alter your cash flow projections. Cross-statement impacts can be explored quickly and efficiently within the same model, saving you from hundreds of hours of model versioning and management. Less time spent on FP&A tasks means less risk and more time for analysis.

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.

Corporations leverage Synario's FP&A software to uncover their best strategic plan.

Seamlessly Build, Analyze, and Manage Micro and Macro Scenarios

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.

See How Other organizations are making better, more informed decisions using the Synario platform.

INDUSTRY-LEADING IMPLEMENTATION

Model Insights in 90 Days

Synario's pricing and implementation are specifically designed for organizations to yield quick insights from their Synario-based financial models. Our dedicated implementation team will customize a  strategic finance plan template to fit your every FP&A and modeling need.

Depending on the model, our implementation process can be accelerated to provide valuable insights at short-term board meetings, strategic planning presentations, and more. Reach out to us to learn how you can reach new FP&A heights with the Synario Software.