Many institutions continue to rely on outdated financial planning tools. Nearly 50% still use spreadsheets for forecasting and tuition projections, and nearly a third use spreadsheets for budgeting, according to a Syntellis survey.
Schools are racing to replace 20-year-old administrative systems to modernize the faculty and student online experience, yet investments in cloud-based infrastructure dropped by double-digits in 2022, something Tambellini Group has never recorded before.
