Planning Software for Education

Planning Maestro® is a strategic FP&A asset that redefines how school districts, universities, and other educational institutions budget, forecast, analyze and report.

Whether making your first move away from spreadsheets or implementing corporate performance management, Planning Maestro will work for your educational institution. You’ll get an accurate line of sight into your business, speed decision-making and continually deliver the financial intelligence your leadership needs to make faster, more confident decisions.

Scenario planning is more critical than ever, allowing organizations to explore the financial consequences of alternative business strategies. Centage offers a rapid implementation package to turn around valuable scenarios for customers in approximately 2-3 days.

GET THE ANSWERS YOU NEED

Easy-to-use what-if scenario capabilities allow you to change assumptions and immediately see the impact on your revenue, expenses, and cash flow. For example:

  • If enrollment goals aren’t met can we still launch our online education program?
  • If government or private funding is delayed, will we need to raise tuition?
  • Do we have cash flow available to purchase new lab equipment and furniture?

WITH PLANNING MAESTRO YOU CAN

Gain control over personnel expenditures

  • Accurately track payroll, payroll taxes, and fringe benefits for each staff or faculty member groups and allocate expenses across departments
  • Drive staffing requirements for departments based on key drivers such as enrollment or projected revenue

Manage cash flow fluctuations

  • Track expected vs. actual incoming grants, endowments, merchandise commissions, or tuition increases to monitor cash flow
  • Regulate seasonality and unknowns through continuous forecasting

Match expenses to revenue

  • Control costs associated with instruction and administration through consistent forecasting and analysis
  • Produce and distribute expense to revenue matching

Produce accurate revenue forecasts

  • Forecast and track revenue for sources such as services, annual fund donations, and grants
  • Generate what-if scenarios to explore different revenue streams such as performances, bake sales, reunions, research hospitals, distance learning, alumni services, enrollment numbers, etc.
  • Accurately group student types (part-time, full-time, program) for precise revenue planning
  • Produce driver-based plans using key performance indicators (KPIs): acceptance rate, enrollment, graduation rate, student/professor ratio and cost per employee

Meet educational reporting requirements

  • File P&L, Balance Sheets and Cash Flow in a timely manner, properly reflecting revenue and expenses
  • Encourage accountability throughout the organization with collaborative reporting

Planning Maestro makes intelligent financial planning and analytics available to organizations across the education sector. Whether you are looking for a solution to help drive efficiencies, reduce costs, or boost performance, Planning Maestro will work for your organization.

YOU’LL GET Accurate insight into your organization More granular control of project and program budgets Faster, more confident decisions

Unlimited Dimensions for Budgets and Reports
Create detailed plans with various revenue streams based on key drivers
Granular Personnel Budgeting & Allocations
Plan labor needs, incorporating overtime, premium, and shift differentials for accurate costing and headcount forecast
Scenario Planning
What-if scenarios allow you to change assumptions and immediately see the impact on your revenue, expenses, and cash flow
Cash Flow Projections & Forecasts
Manage cash flow reporting, analysis and allocation in real-time at the corporate and subsidiary levels
Dashboards & Reports
Instantly create the reports your stakeholders want, your bank demands, and your company needs
Rolling Forecasts
Regulate seasonality and unknowns through continuous forecasting
Still trying to budget and forecast using spreadsheets?

Let us show you a better way with Planning Maestro.

Ready to connect with our team?

Schedule a personalized demostration to answer all of your questions.