This product suite is designed specifically for the education sector. It is built upon 30+ years of providing financial software solution for schools (www.schooloffice.com) and expertise in risk management, finance, and strategy. To maximize its effectiveness, Analytical Compass’ development incorporated feedback from acting Business Managers and Superintendents in need of advanced financial analysis tools.
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Compass Overview
Analytical Compass is designed with purpose – provide a data driven framework for navigating times of financial uncertainty. This powerful suite of financial analysis tools is specifically developed to provide you with the robust understanding needed to make immediate, short-term, and long term fiscal decisions.
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Financial Analysis
Core to any financial analysis is identifying and understanding the key performance drivers. Analytical Compass Analysis provides frameworks and structure to build a thorough understanding of your financial position and how it has changed over time. These frameworks reflect revenues, expenses, monthly liquidity needs, and enrollment economics.
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Financial Projections
Building confidence in your financial position is based upon knowing how to operate through economic uncertainty. A robust financial model begins with the core underlying drivers of performance and builds cash flows around them. Analytical Compass Projection provides a platform to project future scenarios based on your district’s key financial drivers and economic assumptions. These detailed projections build local tax levy, state-specific aid, and salary expense cash flows.
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Communication
Recognizing the need for transparency and effective communication, Analytical Compass also delivers a customizable communication platform. It not only provides a storyboard to convey key messages but also automatically updates your presentation materials as you work.
