Higher Education
Overcoming higher education challenges
Dean Dorton delivers higher education consulting services tailored to address the unique needs of this sector, including workforce development, robust technology infrastructure, and financial sustainability. Our higher education team has a strong emphasis on ensuring sustained compliance and success through evolving financial, operational, and technological regulations. Our specialized higher education solutions include:
- Student Financial Aid Audits: Ensuring compliance and accuracy in funding
- Outsourced Accounting: Comprehensive accounting services to fit your institution’s unique needs
- IT Compliance and Cybersecurity: Leveraging data to drive decision-making and safeguard against cyber threats
- Endowment Management & Planned Giving Consulting: Crafting strategies to leverage your current operations and future needs while protecting value
- Technology Infrastructure: Addressing the challenges of aging technology, including dorms and instructional buildings, and modernizing facilities to keep pace with other institutions
- NCAA Agreed-Upon Procedures: Keeping you compliant with NCAA financial reporting requirements related to intercollegiate athletic programs
- Internal Audit: Working as or supporting your higher education institutions’ internal audit or risk management team ensuring regulatory compliance, improving efficiencies and cost savings, reducing risks, and providing recurring cybersecurity training to faculty and staff
Meet Our Experts
Cloud Accounting for Higher Education
Sage Intacct’s impact on your day-to-day can be transformative.
Continuous consolidation
Reduce spending numerous hours coordinating information across complex entity structures down to minutes through streamlined processes. Receive an instant view of metrics and drillable report views across entities, granting you more financial control for your organization.
Shared dimensional chart of accounts
Diminish chart of accounts that grow out of control with inconsistencies between entities. Reduce the number of entries from 10,000+ to 100s and easily add and configure a new entity in minutes. Sage Intacct provides instant shared access within and across entities.
Dashboard analytics
Eliminate slow, error-prone analytics that force finance leaders to manually input data in complex spreadsheets. Sage Intacct’s customizable built-in and role-based dashboard capabilities allow instant capture of operational and financial data. Automatically track statistics including enrollment, cost per student, tuition fees, and other key metrics.
Collaborative compliance
Schools may rely on a single employee or small group of employees for all accounting functions. With Sage Intacct, user roles can be easily and properly segregated. Cloud accounting also provides an audit trail with GAAP compliance—which means you are audit-ready in just a few quick clicks.
Simple setup and maintenance
Quickly set up policies, procedures, workflows, and reporting for new departments, programs, or cost centers regardless of the complexity of your structure. Automatically “inherit” centralized definitions—workflows, charts of accounts, period definitions, and lists (vendors, customers, etc.)—across these areas for a standard, organization-wide configuration.
Real-time reporting
Ensure proactive management by quickly producing accurate, up-to-the-minute financial reports and analytics. Analyze financial insights efficiently with real-time visibility and instant roll-up reporting. Strategize on key decisions on all aspects of the organization with Sage Intacct’s open API that allows real-time visibility across external integration systems.
Trusted and secure source
Secure 24/7 delivery of critical financial data and sensitive client information. Sage Intacct automates backup and disaster recovery, so your organization and financial leaders will have less disruption and more time for strategic activities.
WHY DEAN DORTON?
A Trusted Higher Education Advisory Firm
At Dean Dorton, we understand that the path to academic distinction is as unique as your institution itself. That’s why our higher education consulting services are tailored to foster educational innovation and operational efficiency. We go beyond the surface to deeply understand your institution’s needs, aspirations, and challenges.
Bringing a wealth of industry experience to the table, our team offers insights that anticipate the shifting dynamics of educational environments. We’re dedicated to developing customized solutions that resonate with the mission and values of your institution—co-creating the future of higher education in the process.
Trending Insights in Higher Education
