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Best Budgeting System to Implement for Your Organization
December 9, 2021 @ 3:00 pm - 4:30 pm EST
Event Category:
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Proactive Organizations are Being Aggressive with Budget Innovation, Interaction and Changes
The past 18 Months have been unpredictable and have impacted budgets in both positive and negative directions. Budget tactics and systems need to evolve and change to stay relevant, be value-added while also supporting enterprise risk management (ERM) efforts. We will discuss a number of key budget innovation tactics that will be useful in supercharging your budgets and making them more effective at enhancing sustainability, supporting mission, and improving financial health.
LEARNING OBJECTIVES
- Learn how capital budgets have an important role
- Learn how to stress test funding
- Learn more about creating a culture of budget projections – engaging staff
- Learn how to apply phase-in strategies to triumph over uncertainty and gain acceptance
- Learn how using operating reserves during a time of uncertainty