CampusNexus Student

CampusNexus Finance, HR & Payroll Features

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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

Financial Management System

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Benefits Administration System

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Human Capital Management

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