TRAC as a Service
Turn TRAC into a year-round, decision-making process.
Change TRAC from a once-a-year isolated exercise into a valuable, efficient process that provides essential data to support sustainability.
01
More cost-effective than doing it yourself
Simitive TRAC experts have decades of experience in delivering TRAC for universities.
- Unique understanding of TRAC and the critical inputs such as academic workload and time.
- Cost is only incurred for the TRAC reporting period - not the rest of the year.
- All the benefits of Simitive ABC software without buying it outright.
- Guaranteed to be compliant with OfS prescribed standards.
02
Multiple versions and comparisons
TAAS provides the multiple versions required to support informed decision making.
- Side-by-side comparison of up to three versions.
- Comparison against TRAC peer groups.
- Comparison at university, faculty, school and department level.
- Outputs provide valuable insights into financial performance at every level.
03
Transparent, available information
TAAS online outputs and reports remain available for 12 months.
- Standard reports and charts provide complete transparency.
- Ongoing access supports data-informed decision making for the whole year.
- Suite of audit-specific reports included.
04
Start with TAAS and grow
As Simitive uses its own products to deliver the service, universities can start with TAAS and either add Costing as a Service for more detailed full costing and contribution analysis, or buy ABC for TRAC or full functionality.
In their words
What universities tell us about TAAS.
We present our outputs to our senior staff and oversight groups and produce analytics and graphs which help with internal decision-making and flexibility.
We can compare different periods and versions, and then change the different variables and analyse them. The potential is huge.
We chose Simitive because they could meet our requirements, their service is professional, and the system is structured and future-proofed.
Read the full TAAS case study
Implementation
Get up and running with confidence.
Implementation and support
Whatever stage you are at and whatever challenges you face, the Simitive team is available to help. If you don't know where to start, talk to us - we can help you achieve what you want far faster than is possible internally.
Part of the ecosystem