PHILADELPHIA – January 4, 2018: PFM announced today that the University of Memphis has signed a subscription agreement for Whitebirch On Demand for Higher Education. Founded in 1912, the University has an enrollment of more than 21,000 students. Formerly the flagship institution of The Tennessee Board of Regents, the University of Memphis recently became an independent institution.
The finance team will be using Whitebirch for long-term planning and to communicate their financial performance to their new Board of Trustees and various stakeholders. While the University issues debt through the Tennessee State School Bond Authority, they are interested in understanding and communicating the impact that various operating and capital initiatives could have on credit strength and important metrics. The finance team will leverage the Whitebirch platform to perform sensitivity testing around tuition rate changes, capital projects, and state funding levels.
Whitebirch Multi-Year Planning for Higher Education delivers to CFOs, Finance Directors, and their Boards the ability to isolate and analyze threats and opportunities in their financial future.
- Delivered in the Cloud – no hardware or software to maintain
- Built for Collaboration – version control issues are completely eliminated
- Easy to Implement – average time to “go live” is 2-4 weeks
- Best Practice Approach – leverages PFM’s long history helping higher education institutions solve budget and finance challenges
About PFM Solutions:
PFM Solutions LLC focuses exclusively on developing and delivering best‐of‐breed financial modeling technology and services to public and private markets. Our professionals have a 10‐year track record of helping clients with mission critical decision‐making.For more information about the Whitebirch Multi-Year Planning for Higher Education solution, contact Sunny Chun or visit Whitebirch Software.
At PFM, over 600 employees - asset managers, financial advisors and consultants - partner with clients in every region of the country to transform their world. We combine superior financial advice, disciplined management and ingenuity to build, power, move, and educate.
PFM is the marketing name for a group of affiliated companies providing a range of services. All services are provided through separate agreements with each company. This material is for general information purposes only and is not intended to provide specific advice or a specific recommendation.
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