Market Trends and Leaders Reports

2022 Financial Management and Human Capital Management Systems US Higher Education Market Share, Trends, and Leaders Report

Client-Only Research

Why Read This Research

Despite the COVID-19 pandemic, the 2021 US finance and HCM market experienced an estimated 63 percent increase in finance selections and a 67 percent increase in HCM selections over 2020.This exclusive report describes the purchasing trends of the 2021 finance and HCM selections by identifying the types and sizes of institutions making finance and HCM systems decisions and their selecting solutions. Tambellini Group tracks all finance and HCM systems vendors selling to North American and global higher education institutions. This report focuses on vendors with at least 1 percent of the total US market share—Anthology, Ellucian, Jenzabar, Oracle, SAP, Unit4, Workday.

Key Questions Answered

  • What key trends were revealed in the finance and HCM higher education market?
  • Which finance and HCM systems were most often selected by higher education institutions in 2021?
  • What recommendations does Tambellini have for institutions who are selecting finance and HCM solutions?


  • Vendor in Focus: Anthology, Ellucian, Jenzabar, Oracle, SAP, Unit4, Workday
  • Software Category in Focus: Financial Management Core, Human Capital Management Core
  • Authors: Dave Kieffer, Vice President, Research and Analysis; Principal Analyst, and Rebekah Russell, Analyst, Tambellini Group
  • Research Availability: March 2022

Table of Contents

  1. Executive Summary
  2. Market Definition
  3. Market Trends
  4. Vendor Selection Process Trends and Recommendations
  5. 2021 Total Selections Over Time
  6. 2021 Selections by Institution Sector
  7. 2021 Selections by Institution Size
  8. 2021 Selections by Institution Type
  9. 2021 Total Market Share
  10. 2021 Total Market Share by Institution Type
  11. 2021 Vendor Overviews
  12. Conclusion
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