This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Ask Amber Griffith, a member of the professional services team at […] The post A Finance Leaders Guide to Modern FinancialManagement appeared first on OpenGov. In government finance, modernization is a word that gets thrown around a lot. But what does it actually mean?
Moving Beyond Requisitions for Modern FinancialManagement appeared first on OpenGov. Every dollar spent must be accounted for, justified, and optimized for maximum impact. Yet, many agencies still rely on outdated procurement […] The post Spend Control 2.0:
Transforming Government Finance for a Stronger Future For too long, local governments have been weighed down by outdated toolsmanual spreadsheets, paper-based workflows, and slow processes that leave little time for […] The post Modern FinancialManagement: Empowering High-Performance Government appeared first on OpenGov.
Tools that enable more agile and transparent financialmanagement can help government leaders tie resources directly to mission outcomes, boosting the impact of taxpayer funds.
Transformation of federal agency financialmanagement is hard, but HUD’s CFO Irv Dennis and Deputy CFO George Tomchick share what works, what doesn’t, and how they did it at the nation’s housing agency.
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. The following framework demonstrates how EdTechs can improve their understanding of cost and profit drivers.
Learn more about cloud financialmanagement with AWS. Cost optimization – Public sector agencies may have a fiduciary responsibility to report on all project-specific costs. Example AWS Services: AWS Cost Explorer and Cost and Usage Dashboards Operations Solution (CUDOS; for enterprise accounts).
The Department of the Interior is beginning to look at AI because it will be part of the SAP S/4HANA financialmanagement system it’s implementing by 2024. Some federal agencies are finding themselves dealing with generative artificial intelligence, such as ChatGPT, due to customer demand, whether they’re ready for it or not.
Frameworks for financial planning in higher education AWS offers two rich frameworks for this kind of financial planning. The Cloud FinancialManagement Framework focuses on financial planning related to current and future usage of cloud resources. These two frameworks can be valuable for CFOs.
This year the Office of the CIO will be partnering with the Office of Enterprise IT to modernize technology for unemployment and financialmanagement. Looking to learn more about how states can drive modernization and build forever modern systems? Weve got a resource center to help.
Global leaders are convening in Germany this week at the annual Munich Security Conference (MSC) to discuss key foreign policy and security challenges. Amid these discussions, one thing is clear: global leadership increasingly hinges on technological progress.
Karen Johnson provides executive leadership for Administrative Services, FinancialManagement, and Information Technology at Covered California. Johnson joined Covered California after serving as the chief deputy director at the California Department of Health Care Services (DHCS), California’s Medicaid agency, from 2007 to 2017.
Department of Commerce Deputy CFO Steve Kunze shares with the FedHeads his priorities and challenges driving financialmanagement at an organization with myriad important missions. But we couldn't get him to sing. But we couldn't get him to sing.
Its a significant undertaking because DOE falls under the Chief Financial Officers (CFO) Act, which outlines strict standards and practices around financialmanagement that must be reflected in the HR system. In spring 2024, DOE began work on shifting human resources functions to a cloud-based platform from Workday.
On Episode 69, the FedHeads Francis Rose and guest host Carlos Otal welcome Doug Glenn, Assistant Deputy Chief Financial Officer, DoD live at AGA PDT in New Orleans. On Episode 69, the FedHeads Francis Rose and guest host Carlos Otal welcome Doug Glenn, Assistant Deputy Chief Financial Officer, DoD live at AGA PDT in New Orleans.
The FedHeads Robert Shea and guest co-host Jennifer Kerber sat down at AGA PDT 2022 with the indominable Chief Financial Officer of OPM Doug Glenn to talk federal financialmanagement and his careers in government.
Government Accountability Office FinancialManagement and Assurance team, helped the FedHeads celebrate the 30 year anniversary of the CFO ACT. Government Accountability Office FinancialManagement and Assurance team, helped the FedHeads celebrate the 30 year anniversary of the CFO ACT. Dawn Simpson, Director in U.S.
By automating daily bank-to-book tasks, real estate organisations can attain a clearer understanding of their cash flow, enabling better financialmanagement and decision-making. Not only does this speed up this fundamental process, but it also increases accuracy while meeting key compliance requirements.
If you are a forward-thinking and innovative acquisitions, HR, financialmanagement or IT employees working at the GS-12 to GS-14 level, the Partnership’s Mission Support Leadership Program may be right for you.
Live from Orlando at the Association of Government Accountants (AGA) Professional Development Training, the #FedHeads get real about the latest in government financialmanagement straight from the source and dive into some additional updates about the newly released government reorganization plans.
Working capital management is a managerial strategy that monitors and uses current assets (e.g., This integral part of sound financialmanagement uses a variety of strategic tools to manage cash flows. cash, accounts receivable, and inventory) and current liabilities (e.g., Michelle L.
Lire cet article en Français Cloud computing represents a transformational leap forward, just like the invention of the automobile. But despite this advancement, many organizations still procure resources using methods suited for on-premises data centers, not cloud solutions.
In 2024, the grant landscape for nonprofits has evolved significantly, emphasizing the need for meticulous financial planning and transparent budgeting to meet funder expectations. Technology, especially AI, is crucial in enhancing budget accuracy and financialmanagement, enabling more dynamic resource allocation.
Optimising the use of data in this way will support improved resource and financialmanagement, risk control and many other core processes. In turn, this will enable automated reporting and allow stakeholders to monitor projects with full visibility.
At a minimum, they should include governance, risk management, systems, continuous program monitoring and evaluation, and financialmanagement. Internal grant policy(ies) are integral parts of implementing grants.
Many organizations may not fully recognize or calculate the true costs of workload resiliency decisions. These true costs include the full spectrum of costing considerations that make up a decision, from readily-determinable accounting costs to less-recognizable intangible costs.
Understanding the economic impacts of commuters, tourists, and college students on sales tax bases can thus guide practitioners as they make decisions related to financialmanagement. Additionally, studies have shown that having diverse revenue sources can lead to greater levels of stability among local governments.
These touch points include such issues as low-income parents giving birth, families facing financial shock and becoming newly eligible for government services, recovering from a disaster, approaching retirement and transitioning from military to civilian life.
Jitasa’s guide to nonprofit financialmanagement advises nonprofit organizations to invest in nonprofit-specific accounting software. An accessible bookkeeping tool with a user-friendly interface can make it easier to assign this responsibility to individuals at your nonprofit. .
Grantmakers often scrutinize not only the project or program being proposed but also the organization's overall governance, financialmanagement, and ethical standards. Secondly, ethical grant writing is a reflection of the nonprofit's commitment to responsible and accountable practices.
Additionally, it is important for experienced grant writers to have experience with budgeting and other financialmanagement skills to create a realistic project plan. It also requires the grant writer to have strong communication skills to convey their ideas.
Project Management You should be able to understand and manage projects, including tracking progress and maintaining records. FinancialManagement As a grant writer, you will need to be able to handle the financial aspects of grants, including budgeting and financial reporting.
In January 2020, Amazon Web Services (AWS) inaugurated a Cloud Innovation Centre (CIC) at the University of British Columbia (UBC). The CIC uses emerging technologies to solve real-world problems and has produced more than 50 prototypes in sectors like healthcare, education, and research.
These can all be considered components of the legal structure, but they are also important facets of the financialmanagement of the revenue source. It links to the statutes authorizing the County to levy the tax, discusses the rate and tax base, and nuances such as the revenue sharing with municipalities.
I attend most of the academic conferences geared toward public budgeting and finance (including , Association for Budgeting and FinancialManagement , and the budgeting and finance section of the , World Social Science Association ). I also frequently attend professional development conferences such as GFOA and ICMA.
Topics vary, but past sessions have comprised of cloud financialmanagement, e-services portals that scale, enabling and accelerating research, and generative AI increasing government and institution efficiencies. There is also an executive track for IT and business leaders.
Amazon Web Services (AWS) continues to be a prominent tool in the research workspace by offering key initiatives, funding programs, and resources for research workloads.
The illustration highlights which domains and capabilities to undertake at each stage. Governance perspective Governance is a critical pillar of the AWS CAF and a key responsibility of the CCOE.
“If you see a number that supports your argument it might be easier to just take it, without digging deeper,” according to Sam Gallaher, head of data science at Third Line an audit and financialmanagement software company. It’s definitely a challenge in doing research and being open to numbers that challenge your hypothesis.
We organize all of the trending information in your field so you don't have to. Join 40,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content