Quantrix Offers Customizable Enrollment Models to Improve Budgeting and Planning for Higher Education

Company: 
Quantrix

Models enable college and university planners to quickly and easily understand impact of various student enrollment scenarios for strategic decision-making

PORTLAND, ME – February 2, 2010 – Quantrix announces Enrollment Insights, a set of customizable planning models that enable colleges and universities to glean in-depth information about student enrollment for use in budgeting and strategic planning. The models are created with Quantrix Modeler, a business modeling and analytics (BMA) software solution that enables financial and business planners to understand the impact of decisions by creating multiple “what if” scenarios, speed the budgeting process via distributed planning, and reduce the errors associated with traditional spreadsheet-based models. Quantrix offers versions of Enrollment Insights for private colleges and universities as well as for community colleges; each version enables higher-education planners to enter their specific data into a fully developed enrollment model structure.

“Student enrollment models are crucial to the budgeting and planning process, as they impact every aspect of higher-education budgets, from faculty, to capital expenditures, to revenue. It’s vital to get these models right,” says Chris Houle, CEO, Quantrix. “With Enrollment Insights, Quantrix has done the ground work so that higher-education planners can plug in their numbers and start getting the insight they need.”

Enrollment Insights models include the following features:

-- Multidimensional models that include transfer assumptions, intake planning, student population, intake growth assumptions, retention rates, credit hour assumptions, and student type assumptions.

-- What-if scenarios that include enrollment drivers changing over time, changes in academic demands, changes in expected assistance, inflation assumptions, and sensitivity of key drivers to outputs.

-- A variety of methods to explore the data, including interactive dashboards, customized reports, and trend and exception analysis charting.

In addition to the customizable models, Enrollment Insights includes onsite or online training from Quantrix consultants experienced with higher-education modeling and planning.

Quantrix Modeler’s multidimensional business modeling and analytics software enables financial professionals to break away from the restrictions of spreadsheet technology to quickly develop financial models of the highest integrity, flexibility, and transparency.

About Quantrix
Quantrix’s business modeling and analytics (BMA) solutions and services enable companies to develop accurate, secure, and dynamic forecast, budget, planning, risk, and data models. Quantrix Modeler provides unprecedented business intelligence and improved business performance management to customers in 50 countries. It delivers rapid return on investment by empowering business and financial professionals to break away from restrictive two-dimensional spreadsheets and complicated modeling and business intelligence tools. Quantrix Modeler is available directly from the company and from its partners in the United Kingdom, Ireland, China, Australia, New Zealand, France, Germany, Mexico, Chile, Israel, South Africa, and Brazil. For more information about Quantrix Modeler, or to activate a free 30-day trial, visit http://www.quantrix.com or call +1 207.775.0808.

Media Contact for Quantrix:

Alison Harris
Harris Media Services
+1 207.829.4500
alison@harrismediaservices.com

Contact at Quantrix:

David Phillips
Marketing Manager
Quantrix
+1 207.775.0808 ext 108
dphillips@quantrix.com