Financial Management System
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. CampusNexus® Finance HR & Payroll is a feature-rich financial management system designed for higher education.
Manage Operations with the Industry Best
Business and HR offices walk a fine line between wanting best-of-breed software functionality and needing to stay within budget. With CampusNexus® Finance, HR & Payroll, your institution benefits from world-class Microsoft technology that has been tailored specifically to the needs of higher education.
You get the most universally recognized brand name for managing operations and resources already configured with the most proven tools for higher education.
Solution SheetFinance, Accounting, and Revenue Recognition
Whether your institution has one campus or 100, you need feature-rich functionality that keeps you in control of the processes critical to sound fiscal management. CampusNexus® Finance, HR & Payroll includes:
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 student information, 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 workstudy, to state aid, private scholarships, and institutional grants
Fixed Assets – track and depreciate assets such as equipment, technology, furnishings, vehicles, and buildings
Retail and Point of Sale – operate sales for ticketed and special events, bookstores, and dining halls and cafes
57% of Chief Business Officers state that greater transparency in campus decision-making would result in better financial decisions
Create a Sustainable Financial Model in Higher Education
Fewer than 1 in 4 higher education business officers believe they have a sustainable financial model over the next 5-10 business years. But today, there is a solution for reigning in budgets, uniting and streamlining departmental processes, and dramatically improving operational efficiency. Watch this video and discover how to drive strategic growth and achieve operational success.
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