From shifting demographics to heightened competition over quality students, increasing operational costs, and growing regulatory complexity, higher education institutions are being challenged to respond to a fast-changing landscape. To better compete in an increasingly global market, institutions are having to adjust their business models. For Accounting and Finance, this means delivering timely strategic guidance to help drive financial sustainability that is in alignment with institutional priorities.
Yet existing accounting processes—often manual, disparate, and decentralized—can’t provide the kind of insight higher education institutions need to make decisions about opportunities. By standardizing, streamlining, and automating accounting processes, BlackLine helps increase visibility, accuracy, and efficiency across the close, so accounting teams can focus on strategy and analysis to better support the ongoing success of their institution.