ILUMNO (former Whitney University System) offers best practices procedures to optimize administrative functions of its clients by providing high-quality academic resources and state-of-the-art procedures.
As part of these services, Novix has developed a model that allows consistent projections of student enrollment, revenue, and instructional cost.
Universities did not have a system in which both revenue and professor cost were linked, as a result, the budget building was complex and sensibilization to different hypothesis was tedious and time-consuming.
The implemented model captures each University particularities which are determined by the dynamic of each institution; its local framework; and the legal, cultural, and economic factors of the country in which they are located.
Tuition scenarios, marketing campaigns for new students, or persistence increment programs impact can be easily and consistently evaluated in a few clicks.
Benchmarking & Best Practices transmission among universities is promoted by the existence of a module including standard KPIs.