Provide Powerful, State-of-the-Art Financial Reporting

In today’s challenging economic climate, it is critical that your institution’s business services professionals be able to provide complete, accurate, and timely financial information to their constituents.

Datatel Colleague Finance provides a variety of user-friendly reporting tools. These include:

preestablished reports that support transaction processing and tactical reporting requirements
query tools that support ad hoc reporting requirements
state-of-the-art reporting solution with Microsoft FRx

With Colleague Finance, your institution can streamline and automate the compilation, analysis, and dissemination of this information.

Together with Microsoft FRx., Datatel offers state-of-the-art financial reporting that includes a comprehensive financial reporting application. Our professional services group works with clients to document their reporting requirements, map these requirements to the appropriate tool, and ensure the successful implementation and rollout across the institution.

With Colleague Finance your institution will:

Design professional financial reports
Your institution will use an easy and flexible tool to create financial reports in a finished, boardroom-ready quality. No additional editing is required. This solution supports the preparation of GASB, FASB, and AICPA-compliant financial statements, as well as day-to-day financial and budget management reports.
Enjoy paperless distribution of financial statements
Network traffic is minimized because financial statements can be distributed via e-mail or the Web in a condensed, secure format.
Get answers with the powerful drill-down viewer
Empowered users can do their own investigating by "drilling down" to view and examine detailed, transaction-level information, from a single summary report, examining underlying account balances and transactions supporting the financial reports.
Easily recognize organizational changes in reporting
Reporting trees can be dated to automatically recognize organizational changes without any change to the general ledger chart of accounts. Your institution can easily re-segment your chart of accounts, manipulate account segments, and create different roll-ups to quickly view reporting hierarchy changes.
Import/export information for analysis
Users can combine information contained in other spreadsheets with information from your general ledger -- reallocating that time toward analyzing the information.
Ensure the security of financial information
Enhanced security features ensure users receive and view financial information deemed appropriate by the report’s author.

To complete your solution, Datatel’s professional consultants will help your institution fully harness the power of this remarkable financial reporting solution. Leveraging years of experience with Colleague, industry best practices, and tools to meet the needs of higher education, Datatel’s professionals will help your institution achieve its specific reporting goals. Our experts will not only help you install and implement the software, but also help design and construct reports that make the most efficient use of the available tools. Our consultants can help develop strategies and training plans to distribute these tools across your institution.

Provide Powerful, State-of-the-Art Financial Reporting

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