Case Study: Saint Francis University achieves a reduction in reporting time from two days to one hour with Asset Panda

Saint Francis University Reduces Length Of Reporting Process From Two Days To Just An Hour

Saint Francis University, the oldest Franciscan-based Catholic university in the U.S., faced a critical challenge when its legacy fixed-asset software became unsupported and was hosted on an old laptop, risking data loss. The outdated system was slow and inflexible—semi-annual depreciation reporting took two full days, cost-center tracking was limited, and there was no cloud access or reliable asset history/location tracking.

The university implemented Asset Panda, a cloud-based, customizable asset-management platform, completing migration and setup within a few months with responsive vendor support. Asset Panda enabled mobile/cloud editing, customizable downloadable reports, location and maintenance tracking, and cost-center reporting; reporting time dropped from two days to about an hour, allowing monthly depreciation posting, more accurate financials, better compliance, and easier audits.

Saint Francis University

Thomas Kendziora

Assistant Controller