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Business Intelligence and Key Performance Indicators for Education

Whether your enterprise is a primary educational institution, a college, university or a trade school, your business can only succeed if you have the insight and data. You need to establish a strategy, manage your budget and financial information, comply with industry and government regulations and analyse results to improve current and future performance. Performance and analysis evaluation is required on all levels within an educational business environment, e.g., students, parents, teachers, administrators, alumni, and legislators. Each plays an important role in the success and growth of the enterprise and each has a different set of requirements. If the enterprise cannot fully

understand its results and improve and sustain satisfaction among all stakeholders, it is at risk for failure.

Laws change, budgets and funding are cut and every educational institution must do more with less! So, it is imperative that your enterprise have a complete picture of all data, presented in a way that is meaningful to summary and detail analysis and problem solving, with intuitive, flexible reporting and alerts to provide the views and drill down capacity that is crucial to making confident decisions and will enable swift corrective action.

As state, local, national and international governance increases pressure on educational institutions, these enterprises must produce concise reporting and metrics to satisfy government and community concerns and sustain funding and budgetary requirements. ElegantJ BI solutions provide Key Performance Indicators (KPIs) and metrics to support objective measurement, cascade strategy and results and report and forecast trends and results for presentation, and confident decisions.

Today’s educational professionals must apply the most current technical tools to perform sophisticated analysis of student demographics, staff performance, state, national and international regulatory compliance, evolving curricula, operational and facilities management and optimisation, and regulatory reporting – all of this while staying within the confines of budgetary constraints.

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Business Intelligence for Education

True business intelligence (BI) can support, grow and ensure the success of every college, university, trade school and educational institution.

  • Key Performance Indicators (KPIs) and Reporting – The enterprise can establish and monitor key performance indicators at every level of the organisation to objectively measure performance and results and receive automated alerts to notify the users when a threshold has been crossed, or results are declining. No matter the focus of the educational institution, these alerts and KPI metrics will assist the enterprise in measuring the success of the curriculum, marketing campaigns and performance of a trade school, university, college or primary school
  • Financial and Operational Performance Management – Financial and Operational Performance Management and Analysis enables financial performance and allows the organisation to establish and meet goals and track progress using a large volume of information, integrated from numerous enterprise systems and sources. Educational professionals can monitor the financial and operational health of the organisation and create and share reports to comply with government and industry regulations, improve enterprise and staff and student performance, adjust marketing strategies and promotion, and reduce overhead
  • Profitability Management – For the trade school, college or university, profitability management and analysis facilitates excellence in customer service and improves student acquisition with targeted marketing and market research. Users can identify the most profitable demographics, courses and customer profiles, and analyse student preferences and trends.

ElegantJ BI is designed to support all educational requirements and analytical needs including credit analysis for student loans, regulatory compliance, operations management, loan monitoring, student and staff performance, demographics, customer profiling and many other factors of business success.

ElegantJ BI for Education – Benefits at a Glance

Highly scalable web-based architecture with role-based 24x7 access of information and services in secure environment.

  • Improve student recruitment and retention
  • Monitor student performance against mandates and regulations
  • Improve financial performance with full insight into results and full forecasting capability
  • Timely access to critical information for monitoring performance against targets, assessing educator qualification and establishing and monitoring metrics to measure the success of programs and curriculum
  • Provide online communication and information sharing for teachers, parents and students including performance scorecards, curriculum, events, student loans, articles, publications, schedules and assignments
  • Ensure transparency in day-to-day operations
  • Provide greater regulatory oversight with process optimisation and records management
  • Balance financial and budgetary risk and optimise funding while maintaining regulatory compliance
  • Leverage investments in existing resources and infrastructure by integrating data from existing sources
  • Produce BI Reports for administrators, regulators and stakeholders on performance, revenue, demographics and other factors
  • Establish and monitor key performance indicators (KPIs) and metrics to objectively measure and monitor performance and results
  • Analyse and act on business intelligence for promotional activities and plans
  • Provide a 360° view of student and staff profiles, products, services, sales, marketing and other information
  • Assess all aspects of organisation performance, e.g., funding, budgets, actual vs. plan, income, profit, employee and student satisfaction, flexibility, transformation and growth
  • Perform analysis to find and retain the most profitable customers, develop and analyse services manage risk, campus security, staffing and student population growth and other factors
  • Create a simple, intuitive reporting system with information integrated from all enterprise data sources and present and share data in a personalised dashboard and alerts view to achieve meaningful insight into financial and operational results

ElegantJ BI Integrated Business Intelligence and Enterprise Reporting capabilities ensure comprehensive Corporate Performance Management, and provide business intelligence with simple, practical, affordable features and functionality. Our BI modules are relevant to all industries and functions and can be used by the average business user without the assistance of analysts, statistical experts or technical programmers. No matter the size of your organisation, ElegantJ BI solutions can satisfy your needs with flexible licensing and implementation options that include on premises implementation and hosted, Software as a Service (SaaS) implementation.

ElegantJ BI solutions provide a single source, integrated view of enterprise data from numerous sources and enable every user to build views, balanced scorecards, dashboards and key performance indicators (KPIs) to satisfy the needs of their role, department and function, so every user is engaged in the pursuit of strategic, operational and tactical goals and can provide appropriate support for continued success in acquiring new clients and in retaining existing clients and selling new products and services.

If you need a rich, intuitive Business Intelligence solution, coupled with robust CPM features, we encourage you to contact us today to discuss your unique requirements and get started with the ElegantJ BI solution suite. Email us at sales@ElegantJBI.com

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