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Portland State University Streamlines Budgeting and Controls Costs

Using calculator calculating budget. Finance calculating tax. Money cost planning. accounting appraisal cost. Bank loan account. Analytics salary cash flow statement. Financial economy. Money savings.
Less than 1 minute Minutes
Less than 1 minute Minutes

Answers in Analytics: Portland University Success Study

 

Problems:

  • How to streamline budgeting
  • How to control costs
  • How to increase student retention

Solution

Portland State University implemented IBM Cognos BI and TMI for control over finances and student retention.

Results

  • Portland State University now has deeper insight into budgeting and student performance;
  • It can manage finances to keep tuition costs low.

The role of Prolifics

  • Prolifics helped PSU structure and automate the university-wide budgeting process;
  • Prolifics automated integration of Ellucian banner data;
  • Prolifics extended the solution to include enrollment and tuition revenue planning.

“Prolifics was able to take a budgeting system which was inadequately designed and turned it into a fully functional system which is user friendly, much easier to maintain and incorporates best practices.”

– Robert Naranjo, Business System Analyst/Programmer, Portland State University