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Federal financial management: How governments can do more with the budgets they have

McKinsey Public & Social Sector Insights

Tools that enable more agile and transparent financial management can help government leaders tie resources directly to mission outcomes, boosting the impact of taxpayer funds.

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The Essential Guide to Nonprofit Budgets in 2024

Grant Writing Made Easy

If hearing about nonprofit budgets makes you cringe a little ( or a lot ), keep reading. In 2024, the grant landscape for nonprofits has evolved significantly, emphasizing the need for meticulous financial planning and transparent budgeting to meet funder expectations. We’ve got you.

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ETIC 2023: Agencies Find That Generative AI Is Here, Ready or Not

FedTech Magazine

The Department of the Interior is beginning to look at AI because it will be part of the SAP S/4HANA financial management system it’s implementing by 2024. Generative AI describes deep learning…

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Best practices for project management in the AWS Cloud

AWS Public Sector Blog

Managing costs – Select tools that help track and manage project resources to keep the budget on track. Task management – Consider the functionality required to manage tasks. Learn more about cloud financial management with AWS. Example AWS Services: AWS Budgets and Amazon SageMaker.

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Creating Accountability Around Cloud Spend

GovLoop

Cloud FinOps is a financial management discipline that creates accountability around cloud usage to help your agency successfully budget for this tech.

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4 steps EdTechs can take to grow their profitability on AWS

AWS Public Sector Blog

At AWS, we believe that optimizing IT costs (including cloud) helps unlock budget to invest in more innovation. Successful EdTechs balance innovation (for example, new features or technology, like generative artificial intelligence (AI) ) with managing costs – both of product development and of operating costs for customer environments.

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One Working Capital Management Strategic Tool: Interfund Transfers

Death and Taxes

Working capital management is a managerial strategy that monitors and uses current assets (e.g., This integral part of sound financial management uses a variety of strategic tools to manage cash flows. This is adapted in part from a Public Budgeting & Finance journal article by Michelle L. Michelle L.