London, UK, 10th April 2019 – Unit4, a world leader in enterprise systems for services organisations, announced today that The University of Essex has extended its investment in Unit4 with its Prevero Corporate Performance Management (CPM) platform. The University will use Unit4 Prevero on top of its Business World ERP and student systems, to provide enhanced and reliable financial information and analyses to answer questions about current and future institutional financial and student related performance.
Unit4 Prevero will offer more data granularity, enhanced predictive analysis and an increased capability to scope scenarios. Consequently, this will deliver improved visibility into business dynamics that can affect financial planning and results and allow the University to become more responsive to change.
‘‘We operate in an environment that is changing more quickly than ever before,” said Marc Albano at the University of Essex. “We have a strong relationship with Unit4, and as a market leader, we knew Unit4 Prevero would support long term financial planning and provide us with the capability to undertake scenario forecasts for a range of outcomes that will help the University answer key questions about current and future institutional financial performance. It will ensure transparency of the assumptions and drivers we use to budget and forecast. This means we have accurate data at our finger tips, can spot underlying trends or patterns quickly and identify how, why, where and when risks or growth opportunities are emerging. In doing so we ensure we are offering students continued value for money and the best possible experience during their time at our University.’’
About Unit4 in Higher Education
Unit4 is in business for people. We’ve specialized in software for service organisations since the early 1980s. Today, we build the smartest enterprise applications on the planet. Our technology is central to the organisations we serve – it improves efficiency and productivity and allows people to spend more time on meaningful work. Using the latest AI, machine learning and digital technologies, our customers can make more sense of business-critical data than ever before. We provide ERP, performance management and student information systems to over 1000 colleges and universities globally to help them accelerate growth, boost student success, and improve institutional effectiveness. Clients include Oxford and Cambridge Universities, HEC Paris, University of Waterloo, American University of Paris, Manchester Metropolitan University, Robert Morris University, Baylor College of Medicine, Hult International, and University of Dubai.