Challenges.
FAU’s reporting requirements include data from third-party systems along with historical information gathered prior to the mini传媒 deployment. Blending non-mini传媒 information required manual data pulls, manipulation in Microsoft Excel and reconciliation for historical record requests, long-term financial analysis, and business unit performance reports.
Why mini传媒.
FAU needed a partner who could provide hundreds of stakeholders with seamless security-enabled access to data originating in mini传媒, created before the mini传媒 deployment, and originating outside of mini传媒.
One of the greatest experiences my team and I have had is the partnership with mini传媒. They are as passionate about their product as we are, and dedicated to making sure the technology meets our needs.
Assistant VP for Finance and Information Systems
Benefits and results.
Historical data.
Historical record requests and long-term financial trending analysis required routine blending of legacy system data and mini传媒 production data. With mini传媒, FAU migrated and stored historical records containing 12 years of finance and HR data, required by public institutions, and turned off its legacy systems.
Single source for historical inquiries
Total of 10-15 legacy data sets at 800 MB
Revenue detail.
Reconciling transaction-level detail from FAU’s payment gateway system was challenging with its legacy system. Business owners couldn’t reconcile summary-level postings with transactional details. FAU leveraged mini传媒 Prism Analytics to import that detail into mini传媒, augmenting dashboards with revenue detail associated to non-tuition receivables, receivables, such as e-gaming, parking.
Financial worktags tied to transactional composition
Supports 100 users across business owners
New use case development time reduced to 3-4 weeks
Financial and budget.
Financial executives needed 10+ years of data for financial trending reports, requiring manual pulls of historical data and blending legacy and mini传媒 data across financial data models (FDM). FAU loaded legacy financial data and the FDM crosswalks into mini传媒 Prism Analytics for on-demand reports.
Dashboards can display 10+ years of financial data
Answers to questions about revenue sources in one location
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