Education Accounting Services
The education industry, across the world, has undergone massive changes in the recent past. With the proliferation of technology and networking advancements, what once used to be an extremely localized and area-specific industry, is now global-oriented with dynamic expectations of the students’ community and vast exposure to new teaching methods. Add to this the disruptions and new normal demands brought about by the Covid-19 pandemic, the industry was forced to pivot overnight. In this high-demanding, fast-changing scenario, educational institutions have to be in a ready state for evolution; and one of the best ways is to consider institutional accounting services.
We, at Cogneesol, offer a complete suite of education accounting services that cater to the dynamic and vibrant environment of educational institutions. Our expertise ranges from book-keeping to budgeting to financial analysis and projections on one hand, and adept handling of teacher and staff benefits and pensions. Together these enable our client institutions to focus on their core operations and growth strategies.
Our Education Accounting Services
- Risk Assessment
- Management Accounts
- Payroll Assistance
- Cash Flow Projection
- Teachers’ Pension Administration
- Benefit Plans
- Endowment Management
- Organizational Change, Strategy & Finance
- Financial Statements
- Accountability & Governance
- Assurance and Audit Services
We Support Multiple Accounting Software
We are experts at multiple financial management and accounting software solutions, including cloud-based institution management and enterprise resource planning modules.
Our Key Differentiators
Domain Expertise on Integrated Systems
Our accounting teams have a wide-ranging experience and domain knowledge owing to a vast client base across schools, colleges, and similar educational institutions.
Guaranteed Optimized Models
Cogneesol’s mainstay achievement is the ability to deliver optimized operating models with the integration of accounting and ERP solutions bringing about ease, value, and agility.
Committed Productivity Benefits
It is a matter of pride that we deliver productivity gains we commit within agreed timelines. This has cemented our clients’ confidence in us and resulted in greater business over the years.
Flexible Pricing Models
Cogneesol offers industry-best rate cards that are flexible and based on specific client requirements. Our business strategy is to 'win with our customers'.
Creation of Agile Processes
Considering that the business of education undergoes faster evolution, our teams make our clients’ processes agile and ready for the next level with strategic insights and guidance.
Qualified Team Leading Change
Our team of accountants, project managers, quality experts are qualified professionals with deep experience, thereby succeeding every time with seamless transitions, delivery excellence, and value creation.
Our Promise to You
At Cogneesol, we are committed to helping you achieve value through optimization of processes, people, and price. We achieve this through our deep domain knowledge, technological expertise, partnership approach, wide industry exposure, and a commitment to delivery excellence, quality, and long-term value.
With us, your institution will get:
- A trusted accounting partner
- Qualified and skilled professionals
- Latest technology for systems, software, and data security and protection
- Competitive rate cards to drive cost arbitrage
- Seamless transition and on-schedule projects
- Real-time support and management
Read our client success stories, blogs, and case studies for a deeper understanding of how well we understand the education industry and how well we are equipped to help any institution, big or small, achieve its strategic goals.
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It is always a pleasure to learn that the work we do has positively impacted our clients and that they are happy to share their experiences.
Cogneesol joined our institution when we were looking for an accounting partner who would be able to handle our expansion across different cities. They understood our requirements and believed in our vision. And brought in their understanding of application software and enterprise planning resources to put together a dynamic model that not only took care of our accounting requirements but also of planning, budgeting, and reporting. Cogneesol, today, is one of our most valuable partners.
What has worked best with us is Cogneesol’s flexible pricing model that was custom-designed to not only fit into our budget but also our current requirements and future projections. Their reasonable rates made it more of a partnership than a vendor relationship. Add the productivity benefits they have delivered over the last four years of our engagement, and we have been able to achieve some very tangible value and savings.
The team that services our business at Cogneesol is a committed bunch! They almost function like our in-house accounting team. With bookkeeping and other regular records maintained on a real-time basis, we always have easy and quick access to decision-making data and analysis. These have helped us in taking some very strategic calls for our college, which have, in turn, proved extremely beneficial to overall students’ perception and brand value.