Jenzabar Launches Cloud-Based Finance Solution to Power Higher Education Business Offices and Make College More Affordable
Jenzabar Launches Cloud-Based Finance Solution to Power Higher Education Business Offices and Make College ... Business Wire
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Jenzabar Launches Cloud-Based Financial Management Solution for Higher Education
BOSTON–(BUSINESS WIRE)–Jenzabar, Inc., a leading technology innovator in higher education, today announced the launch of its cloud-based Jenzabar Finance solution, a financial management system designed exclusively for higher education. The new cloud version of Jenzabar Finance provides staff with more comprehensive access to financial information that can be used to make data-informed strategic decisions. It also gives students self-service options and payment flexibility that can improve user experiences and make their college journey more affordable.
Introduction
As operating expenses increase and student demographics shift, higher education finance teams are pressured to do all they can to ensure long-term sustainability. Jenzabar Finance, as part of Jenzabar One, integrates seamlessly with other Jenzabar One systems, eliminating data silos and increasing reporting accuracy and efficiency. This cloud-based financial management solution empowers staff and students to make financially intelligent decisions.
Jenzabar Finance Features
Jenzabar Finance is comprised of six fully integrated modules:
- General Ledger
- Budget
- Accounts Payable
- Accounts Receivable
- Purchasing
- Fixed Assets
These modules enable staff to manage student and vendor activity, budgets, accounts, cash flows, capital assets, and other financial resources and projects from a single system.
Benefits for Staff and Students
Jenzabar Finance allows staff to automate previously manual processes and aggregate and analyze valuable data to improve real-time decision-making. It provides a consolidated view of all functional areas across campus, enhancing transparency and collaboration. This gives staff more time to interface with and support students. The solution also offers students flexible payment plans, including recurring payments, making higher education more affordable. Auto-enrollment into payment plans and online payment options through parent portals are additional features.
Sustainable Development Goals (SDGs)
Jenzabar Finance aligns with several SDGs:
- SDG 4: Quality Education – By improving financial management in higher education, Jenzabar Finance contributes to providing quality education for all.
- SDG 8: Decent Work and Economic Growth – Jenzabar Finance helps institutions maximize financial resources and drive campus growth, leading to economic development.
- SDG 9: Industry, Innovation, and Infrastructure – Jenzabar Finance is an innovative cloud-based solution that enhances financial systems and resources in higher education.
- SDG 10: Reduced Inequalities – By offering flexible payment plans, Jenzabar Finance promotes equal access to education.
About Jenzabar
Jenzabar is a disruptive technology company that offers software solutions and services to empower student success and meet the demands of the modern student. Over 1,350 higher educational campuses use Jenzabar solutions for improved performance and a personalized experience. For further information, please visit www.jenzabar.com or follow Jenzabar on Twitter @Jenzabar and LinkedIn LinkedIn.
SDGs, Targets, and Indicators Analysis
1. Which SDGs are addressed or connected to the issues highlighted in the article?
- SDG 4: Quality Education
- SDG 8: Decent Work and Economic Growth
- SDG 9: Industry, Innovation, and Infrastructure
- SDG 17: Partnerships for the Goals
The article discusses the launch of Jenzabar Finance, a financial management system designed for higher education institutions. By improving financial processes and providing students with more payment options, the article addresses the goal of quality education (SDG 4) by making college more affordable and accessible. Additionally, the integration of Jenzabar Finance with other systems promotes efficiency and collaboration, contributing to the goals of decent work and economic growth (SDG 8) and industry, innovation, and infrastructure (SDG 9). The mention of partnerships between Jenzabar and higher education institutions also aligns with SDG 17.
2. What specific targets under those SDGs can be identified based on the article’s content?
- Target 4.3: By 2030, ensure equal access for all women and men to affordable and quality technical, vocational, and tertiary education, including university.
- Target 8.2: Achieve higher levels of economic productivity through diversification, technological upgrading, and innovation.
- Target 9.1: Develop quality, reliable, sustainable, and resilient infrastructure.
- Target 17.16: Enhance the global partnership for sustainable development.
The article’s content supports these targets by emphasizing the affordability and accessibility of higher education through flexible payment plans, which contributes to equal access to quality education (Target 4.3). The integration of Jenzabar Finance with other systems promotes efficiency and innovation, aligning with targets 8.2 and 9.1. The partnership between Jenzabar and higher education institutions reflects the goal of enhancing global partnerships for sustainable development (Target 17.16).
3. Are there any indicators mentioned or implied in the article that can be used to measure progress towards the identified targets?
Yes, the article implies several indicators that can be used to measure progress towards the identified targets:
- Percentage increase in the number of students accessing affordable payment plans
- Percentage increase in the number of students enrolled in higher education due to improved affordability
- Reduction in manual processes and increase in automation within financial systems
- Improved reporting accuracy and efficiency
- Enhanced collaboration and visibility across functional areas
- Number of institutions adopting Jenzabar Finance as a cloud-based financial management solution
These indicators reflect progress towards the targets by measuring the impact of Jenzabar Finance on affordability, efficiency, collaboration, and adoption within higher education institutions.
4. Table: SDGs, Targets, and Indicators
| SDGs | Targets | Indicators |
|---|---|---|
| SDG 4: Quality Education | Target 4.3: By 2030, ensure equal access for all women and men to affordable and quality technical, vocational, and tertiary education, including university. | – Percentage increase in the number of students accessing affordable payment plans – Percentage increase in the number of students enrolled in higher education due to improved affordability |
| SDG 8: Decent Work and Economic Growth | Target 8.2: Achieve higher levels of economic productivity through diversification, technological upgrading, and innovation. | – Reduction in manual processes and increase in automation within financial systems |
| SDG 9: Industry, Innovation, and Infrastructure | Target 9.1: Develop quality, reliable, sustainable, and resilient infrastructure. | – Improved reporting accuracy and efficiency – Enhanced collaboration and visibility across functional areas |
| SDG 17: Partnerships for the Goals | Target 17.16: Enhance the global partnership for sustainable development. | – Number of institutions adopting Jenzabar Finance as a cloud-based financial management solution |
Behold! This splendid article springs forth from the wellspring of knowledge, shaped by a wondrous proprietary AI technology that delved into a vast ocean of data, illuminating the path towards the Sustainable Development Goals. Remember that all rights are reserved by SDG Investors LLC, empowering us to champion progress together.
Source: businesswire.com
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