“Transact Insights has given us the ability to see and monitor our performance at a glance. It streamlines our ability to evaluate our performance over time as well. No longer getting data dumps and spending hours manipulating and collating the data to see where we’re at. Transact Insights is a great tool!”
Becky Kellow
Assistant Director of Treasury Services at Western Washington University
Why Transact Insights?
Make data-driven decisions using flexible, long-term and detailed reports.
Access historical data instantly—no delays or scheduled exports needed. Effortlessly export data for in-depth analysis at any time. Additionally, explore benchmark trends and uncover critical insights from institutions similar in size or structure.
Integrate data across platforms without sacrificing security.
Consolidate payment data from across your campus to gain a complete overview of your operations. As a committed protector of your data, we implement full PII protection through irreversible transformations and aggregation, ensuring that the data remains secure and unrecoverable, even by Transact staff.
Access data easily. Share it seamlessly.
Our turnkey solution enables administrators to effortlessly access data through Single Sign-On (SSO) and instantly share reports and dashboards with colleagues using role-based access control (RBAC). This ensures that everyone operates from a unified source of truth and has access to the latest reports at all times.
Make your resources go further.
Access a central hub for dynamic Business Intelligence (BI) reports and dashboards. Benefit from near real-time data updates, enabling customized, flexible analysis without the need for a dedicated data analytics team.
Ian Ashworth
Director, API Platform at Transact Campus
Data Connections: Elevate Your Campus Data Experience
Unlock the power of your data with Transact Insights' latest feature, Data Connections. Say goodbye to manual spreadsheet handling and complex data manipulation. With just a few clicks, effortlessly link your campus data to your preferred analytical tools and transition smoothly from data collection to insightful dashboards and reports. Transform your campus reporting and make informed decisions faster and more securely with Data Connections.
- Seamlessly connect to your data
- Empower your analysis
- Highly secure data access
- Quick and easy setup
- Unlock the full potential of your data
Late Payment Analysis
Optimize your payment plans with key metrics on payment performance, outstanding balances, and late payments—effortlessly compare and filter data across time frames.
- Monitor and track payment volumes through the system
- Identify anomalous behavior early to within the last 24 hours
- Track payment trends by payment type or payment module
- Perform high level reconciliation of values
School Benefits
- Seamlessly aggregate campus data and connect it to your favorite reporting tools or platforms with Data Connections.
- No need for costly and custom data integrations
- Directly access years of historical data in your preferred analytics tool for custom reporting and dashboards.
- Gain comprehensive insights into payment plan performance
Student Benefits
- Track late payment trends to identify the best payment plans for students needing assistance
- Monitor student retention risks with data indicators such as payment plan enrollment
- Increase student awareness of payment plan options to optimize the overall student financial experience
Colleges and Universities are Embracing our Integrated Payment Products
Unlock the Power of Data
Streamline Data Management: Simplifies collection and transforms raw data into actionable insights, optimizing time and resources.
Enhance Operational Efficiency: Provides essential analytics to improve campus operations and student engagement.
User-Friendly Interface: Explore campus insights easily, without the complexities of traditional data handling.
Transact Insights Unlocks the Power of Data in Higher Education
Strategically leveraging data connections in higher education is no longer just beneficial—it's a necessity. Unfortunately, most schools are not fully capitalizing on their campus data. A survey by the National Association of Student Personnel Administrators highlights a significant gap: 80% of higher education schools recognize the urgent need to continue investing in analytics to maintain their competitive edge. However, a separate study by Campus Technology reveals troubling deficits in infrastructure: only 29% of these schools have secure or user-friendly tools for data collection, and merely one-third have users who can swiftly and easily access the necessary data for informed decision-making.
Transact Campus responds to this critical gap with Transact Insights, an analytics tool leveraging advanced technology to transform data management, enabling strategic decision-making and operational efficiency.
Simplifying Campus Data Analysis
As a premier campus reporting tool, Transact Insights simplifies data access, making it more straightforward for leaders to harness comprehensive campus data analysis. Integrated with the Transact One platform, it offers instant access to a comprehensive data lake, providing multidimensional campus data analysis across the school. This integration is crucial for Chief Analytics Officers (CAOs), Chief Information Officers (CIOs), and Business Intelligence Directors who need quick and easy access to data to make decisions.
This is an acute pain point for many higher education IT and finance professionals. One higher ed leader shared, “Our current technology and data environment has been described as a 'digital jungle.'”
By automating data collection and formatting processes, Transact Insights eliminates these time-consuming tasks, allowing staff to focus on data analysis rather than data preparation. This automation reduces operational overhead and enhances efficiency. Additionally, the platform ensures secure and fast data access, maintaining the privacy and integrity of sensitive information. The user-friendly click-and-connect setup process simplifies integration, making advanced data analytics accessible to more users.
Empowering Decisions with Comprehensive Insights
This platform provides a comprehensive suite of interactive reports that enhance data-driven decision-making across departments. A modern campus reporting tool, Transact Insights supports various reporting options and enables analysis over multiple time frames, from immediate metrics to long-term trends. This versatility ensures that stakeholders can derive actionable insights for informed decision-making.
Another significant advantage of Transact Insights is its ability to centralize data, fostering collaboration across departments. By breaking down data silos, the platform promotes a unified approach to campus management, aligning departmental goals with the school’s overall objectives. Centralized analytics support informed discussions and decision-making, driving positive changes across the campus.
Leveraging AI and Data Connections for Enhanced Data Analysis
The Data Connections feature within Transact Insights revolutionizes data management by integrating seamlessly with other AI-powered analytics tools, enhancing campus data analysis capabilities. This integration allows educational leaders and administrators to delve deeper into data, predict trends, improve efficiencies, and tailor educational offerings more effectively.
Furthermore, universities do not need a cloud-based reporting or warehouse solution to utilize the data connection feature with Transact Insights. This feature is fully capable of working with local/desktop clients of tools like Power BI or Tableau, eliminating the need for any cloud or hosted infrastructure. This flexibility ensures that all colleges and universities, regardless of their IT infrastructure, can benefit from the powerful data analysis capabilities of Transact Insights.
The recent integration with Microsoft Power BI enhances this integration, enabling users to manage data within their preferred tools while ensuring secure data handling and compliance – further empowering data-driven strategies.
Transact Insights connects with AI-powered tools effortlessly, enabling users to transform complex datasets into clear, actionable information with minimal training. This user-friendly interface supports data literacy and data-driven decision-making across school silos.
Real-World Impact of Transact Insights
Universities across the nation are discovering the transformative power of Transact Insights. Becky Kellow, Assistant Director of Treasury Services at Western Washington University, praises the system's profound impact on their operations: “It has revolutionized how we monitor our performance. No longer burdened by data dumps, we can now assess our progress efficiently over time. It allows us to provide one-off quick responses to upper management. Transact Insights is an indispensable tool for us.”
Echoing this sentiment, Skylar Wenzel, Associate Director of Payment Solutions & Compliance at UCLA, details their experience with the platform: "As a public university managing diverse payment needs, we faced challenges in transparency, efficiency, and data utilization. Transact Insights not only streamlined our processes but also elevated our ability to make data-driven decisions, ultimately improving the financial experience for our entire university."
Skylar was particularly impressed by the efficiency gains: "The extent to which Transact Insights automated our data aggregation and reporting processes was unexpected. Tasks that previously took hours or even days to complete were now done in minutes."
By leveraging Transact Insights, schools like Western Washington University and UCLA are setting new standards for managing campus data effectively, showcasing the tangible benefits of the tool in real-world settings.
Harness the Power of Your Data with Transact Insights
- Instant access to historical data and benchmark trends - Transact Insights allows users to access historical data spanning multiple years, enabling thorough examination of past performance. This capability helps schools identify trends over time, set realistic goals, and better predict future outcomes, thereby enhancing strategic planning and decision-making processes.
- Integrated look at all campus payment data - One of the standout features of Transact Insights is its ability to integrate all campus payment data into a single, comprehensive reporting suite. This holistic view of financial operations supports more informed decision-making and strategic planning across financial departments.
- Centralized BI reports and dashboards for better decision-making - Transact Insights centralizes data into user-friendly Business Intelligence (BI) reports and dashboards, simplifying the decision-making process. By ensuring that all stakeholders have access to the same data and insights, the platform promotes alignment and efficiency across the campus.
- Enhanced data analysis with AI and Microsoft integration - Transact Insights integrates seamlessly with AI-powered tools like Power BI with CoPilot. This connection transforms complex datasets into clear, actionable information with minimal training required. The collaboration with Microsoft Power BI enhances data integration, providing deeper insights and a more comprehensive overview of operations while ensuring secure data handling and compliance.
Importantly, Transact Insights does not hold sensitive student data from the Student Information System (SIS). To uphold the highest standards of data privacy and security, all data is cleansed for personally identifiable information (PII) before it is imported into Insights. This means no sensitive data is directly transferred from the SIS into Insights, ensuring that all information handled by the platform is both secure and compliant.
By addressing these elements, Transact Insights not only solves existing data challenges but also transforms how higher education institutions approach data-driven decision-making. This comprehensive campus reporting tool empowers schools to fully harness their data, optimizing operations and enhancing strategic outcomes.
Empower Your Decision-Making with Transact Insights
This tool offers transformative benefits for higher education, enhancing operational efficiency and elevating your business intel with data-driven decision-making. By simplifying data access, providing comprehensive insights, and integrating with technologies like Microsoft, Transact Insights empowers schools to make informed decisions that align with their strategic goals.
Although Insights is part of our Transact One platform, any user of Transact Integrated Payments, Transact CPOS, or Transact Mobile Ordering will be able to use Insights in 2024, with IDX following in 2025. Insights is accessed through a web browser with either SSO or a local account login, ensuring straightforward access with no additional requirements.
We invite higher education professionals to explore the robust features of Transact Insights. Discover how it can transform your school’s approach to data management and engagement and learn more about how Transact Insights can be the catalyst for your school’s next big leap in operational excellence and student services.