CampusNexus Finance, HR & Payroll Features

Product Features

Powered by Microsoft Dynamics® AX

Finance, Accounting and Revenue Recognition

  • General Ledger – manage ledger, sales tax, currency, year-end closing and financial statements
  • Cash and Bank Management – administer bank accounts and bank reconciliations
  • Accounts Receivable – oversee tuition and services invoices and incoming payments
  • Accounts Payable – process vendor invoices and outgoing payments
  • Student Accounting – record information about students including charges, payments, refunds, and adjustments
  • Federal Work Study Management – record FWS award amounts and track against payroll information to ensure available funds
  • Fund Source Management – create and manage the funding sources available to students, from federal grants, loans, and work-study, to state aid, private scholarships, and institutional grants
  • Fixed Assets – track and depreciate assets such as equipment, technology, furnishings, vehicles, and buildings
  • Retail & Point of Sales – operate sales for ticketed and special events, bookstores, and dining halls and cafes

Planning and Forecasting

  • Budgeting – set up, initiate and view budgets; restrict, freeze and increase/decrease budgets based on real-time needs
  • Position Budgeting & Control – project hiring needs, anticipated retirements, associated costs, and implement bulk pay rate changes by effective date
  • Project Accounting – provide financial supervision for multi-year capital improvement projects throughout the organization
  • Procurement and Sourcing – manage the purchasing process for good and services
  • Travel & Expense – define expense policies and automate reimbursement for approved travel

Human Resource Management

  • Human Resources – oversee your entire employee base, positions, and workforce alignment
  • Faculty Management – manage information, including position type, tenure status, certifications and competencies, teaching load, performance, professional memberships, and knowledge creation
  • Payroll – process all aspects of employee compensation, payments, and withholdings
  • Employee Benefits – administer multiple levels of benefits based on role, length of employment, standard packages, and elective categories

Reporting and Analytics

  • Audit preparation to compliance reporting
  • Monthly, quarterly, and year-end closings
  • IPEDS outputs
  • FASB and GASB standards
  • Projects accounting longitudinal summaries and details
  • Executive, managerial, and operational dashboards
Designed for Today and Tomorrow

To overcome todays challenges, you want a human capital management solution designed for higher education, one that addresses pressures driven by competition, delivery models, funding, and outcomes.

Created Around Your Administrative Core

Turn data into actionable intelligence so your executives and team members can make responsible fiscal decisions that keep your institution on track with your strategic plan.

Built for the Business of Higher Education

With CampusNexus Finance, HR & Payroll, your institution benefits from world-class Microsoft® technology that has been tailored specifically to the needs of higher education.

Create a Sustainable Financial Model

Watch this video and discover how to drive strategic growth and achieve operational success.

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