Funding, tuition, and donations are down. Working from home doesn’t work all that well. And you’re still struggling with the question of keeping students on campus.
Add in the fact that all this chaos has exposed weaknesses in the systems you’ve always used to manage spending, and your financial forecast can start to look pretty challenging. Manual, paper-based processes, for example, can hide expenses and slow you down – and partially automated systems still stuck in their silos can’t do much better.
Because when people aren’t communicating and steps aren’t being followed, things like invoices, expense reports, and all those other sources of spending can quickly become a problem.
Download this ebook to ensure your college or university is set up for success with the right technology and processes.