The Education Industry encompasses institutions dedicated to the provision of education, serving as platforms for learning. These establishments may fall into categories such as public, non-profit, or for-profit institutions. The spectrum includes elementary schools, secondary schools, community colleges, universities, as well as ministries or departments of education.
Use Case – FP&A
The Company
A renowned education company provides application solutions for gathering and transferring student data into accessible information. The Company offers a platform designed to enable schools to integrate their central student information systems with online learning applications. The Company serves the education industry throughout the United States.
- ~$20M Revenues (Yearly)
- ~3M Sales Transactions (Yearly)
- ~850+ Partners
- ~20M Monthly Active User
- Manually intensive budgeting, forecasting & reporting
- Cumbersome data consolidation process, many data sources, disparate excel models and many dashboards running with manual update process
- Lack of agility and scenario planning capabilities to manage multiple versions of the data
- Data quality and reconciliation issues between statutory, management, and regulatory sets of data
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Budgeting & Forecasting
Forecasting to predict future trends and changes in KPIs, and budgeting to get a roadmap for allocating resources to achieve financial goals.
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Specialty Planning
Focusing on niche or unique products that cater to specific consumer preferences or emerging trends.
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Scenario Planning
(What-If)
Proactive planning for uncertainties, enhance resilience, and adapt swiftly to changing circumstances. -
Management Reporting
Internal reports used to run the organization, make business decisions, and monitor progress to make more accurate, data-driven decisions.
- Revenue Planning (Annual Recurring Revenue Analysis)
- Expenses Planning
- Variance Analysis by Product Line.
- P&L, B/S, C/F
- Profitability modeling
- MAU’s analysis
- Revenue Analysis.
- Cost Allocation
- What-IF Analysis
- Variance Analysis
- Performance Reporting
- Real time data collaboration / impact of changes in plan.
- Category P&L view by month, by segment, by entity.
- Marketing expense management with better visibility and rationalization.