Calumo, the people behind the Business Intelligence systems used by a range of universities and TAFEs, have just published more case study details for the users of their system, which allows universities to connect their finance data together, simplify presentation and access for their users, and move from lumbering islands of data to a fully connected view of financial planning right across an institution. This is particularly important for strategic decisions such as student load planning – making sure that the right number of students are recruited onto the right courses – and maximising the student profitability across the institution (which is, strangely, an extraordinarily complex challenge in most universities and TAFEs).
Calumo’s case studies include:
- The University of New South Wales, saving half a million dollars and 85% of their time
- Macquarie University, saving $350,000 and two months, whilst also reducing their risk profile
- The University of Canberra, saving $300,000 whilst increasing their revenue by 6% through effective student load planning
- William Angliss Institute of TAFE, reducing time for reporting by 40% and increasing their revenue by focusing on key KPI’s
The UNSW example has been so effective that the University has now included the BI system into their Business Intelligence and Decision Support course for 2011