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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?
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Transforming Government Finance for a Stronger Future For too long, local governments have been weighed down by outdated toolsmanual spreadsheets, paper-based workflows, and slow processes that leave little time for […] The post Modern FinancialManagement: Empowering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.
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Financial planning needs to be understood as a positive feature of digital transformation, even if it means changing how financial plans are developed and managed. Frameworks for financial planning in higher education AWS offers two rich frameworks for this kind of financial planning.
Karen Johnson provides executive leadership for Administrative Services, FinancialManagement, and Information Technology at Covered California. There, she managed and directed day-to-day operations and formulated and implemented policies to achieve the department’s mission.
For example, DOE manages numerous legacy applications that support such specialized operations as manufacturing nuclear weapons or managing the operational technology built into the electrical grid. As the work has progressed, other parts of DOE that manage their own HR systems have expressed interest in taking part, Dunkin said.
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.
The grant lifecycle is an all-encompassing process that needs to be properly managed in order for all parties involved to be successful. Because nonprofits rely on grant funding, systems must be in place to properly manage and maintain that funding as part of the grant lifecycle. So, how do we manage grants?
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.
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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. In our research study, we evaluate one working capital management strategic tool: interfund transfers.
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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.
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The Partnership for Public Service and Guidehouse held an event on October 26 to release a new report, Building a Data Foundation: The Role of Data and Evidence in Advancing the President’s Management Agenda. IT and cybersecurity technology that allows for data management and service delivery. Focusing on implementation.
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.
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. Daria Lee, HR Specialist, Staff Acquisition Group within the Office of Personnel Management.
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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.
Cloud FinOps is a financialmanagement discipline that creates accountability around cloud usage to help your agency successfully budget for this tech. The organization also needed to easily understand the cloud spend of each department so it could apply a central management fee to each. Favorite
Similarly, managed services, platform as a service (PaaS), software as a service (SaaS), and serverless options should be evaluated before defaulting to infrastructure as a service (IaaS) because they provide greater agility and operational efficiency in many cases.
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.
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.
It is no surprise that Florida city managers placed the forecasts for the pandemic’s impact on local revenues as the top priority, as local governments are revenue-driven entities. His scholarship focuses on state and local public finance, budgeting and financialmanagement. Guest Contributors: Hai (David) Guo and Can Chen.
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.
Additionally, it is important for experienced grant writers to have experience with budgeting and other financialmanagement skills to create a realistic project plan. Tips for managing grants after they are awarded Once you have been awarded the grant funding, it is time to start managing it!
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.
You should have a thorough knowledge of how to apply for, and manage, grants so you can submit winning proposals. Project Management You should be able to understand and manage projects, including tracking progress and maintaining records. Finally, consider what type of support is available after completion of the program.
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.
First, it allows revenue forecasters and budget analysts (amongst others) to more easily explain the forecast results, assumptions, limitations, and processes to elected officials, managers, and residents. For a more manageable example, and one closer to home, please see Orange County’s revenue manual.
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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.
Portfolio management Understanding the existing application and infrastructure portfolio for informed decision-making. Intake and prioritization Defining structured processes to manage and prioritize new cloud workloads. Maturity assessment Regularly evaluating the organizations cloud maturity to identify gaps and guide the roadmap.
Says Liz Steward, the vice president of marketing and research at Envisio, a strategy and performance management software company. But historical perspective changes a single piece of information into something that’s genuinely informative. It’s definitely a challenge in doing research and being open to numbers that challenge your hypothesis.
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