Dashboards for the Chief Financial Officer

Datatel has created a series of dashboards incorporating the strategy of higher education with the powerful database of record, Colleague, to provide actionable information. We know the data, where it resides, and how to map it into the dashboards, so that work is already done. You simply review what is there, define the thresholds that are appropriate for your institution, and begin making decisions with this important information visible where it should be.

The dashboards answer the following business questions for the Chief Financial Officer:

• What is the cost per student?
• What is the revenue per student?
• Do we have enough cash for the next two weeks?
• How are we doing year-to-date (budget versus actual)? By department? By month?
• What is my current outstanding receivables balance? By academic level?
• What are my top five departments that are over budget?
• What departments may go over budget soon?
• What is my current tuition discount percentage?
• What is my current outstanding receivable by age? By academic level?
• How many students have receivable balances?
• How many students have overdue balances?
• What course/sections have unfilled seats?
• What are my ratios for:
  • Primary Reserve/Net Income/Institutional Viability/Return on Net Assets?