FOR THE ENTERPRISE PART 2 DEMO PROPOSED BUDGET AND POSITION MANAGEMENT KSU Financial Data Mart Proposed Budget Proposed Budget Proposed Budget BUDGET PREP REPORT DEMONSTRATION Position Management ID: 436707
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BUDGET AND FINANCIAL REPORTING FOR THE ENTERPRISE
PART 2 - DEMO
PROPOSED BUDGET
AND POSITION MANAGEMENTSlide2
KSU Financial Data MartSlide3
Proposed BudgetSlide4
Proposed BudgetSlide5
Proposed BudgetSlide6
BUDGET PREP REPORT DEMONSTRATIONSlide7
Position ManagementSlide8
PERSONNEL SERVICESTYPICALLY REPRESENTS BETWEEN65% - 70% OF INSTITUTION'S TOTAL BUDGETSlide9
Position Management RolesOFFICE OF BUDGET & PLANNINGDEPARTMENT MANAGERSMaintain oversightVerify fundingMonitor spending and hold managers accountable Determine and redirect vacancy lag funds to maximize resourcesTrack and Report to Management
Budget planning
Track expenditures
Control spendingSlide10
Position ManagementSlide11
Position ManagementSlide12
Position Management*****Updated Nightly*****Slide13
POSITION MANAGEMENT DEMONSTRATIONSlide14
DISCUSSION/QUESTIONSSlide15
BUDGET AND FINANCIAL REPORTING FOR THE ENTERPRISE
PART 3
OPERATIONAL AND STRATEGIC
REPORTING AND ANALYTICSSlide16
KSU Financial Data MartSlide17
Financial Monitoring, Reporting and AnalyticsRequirementsLimitationsStatic reportsDifficult to understandCumbersome to print and perform analysisNo analytical toolsInability to customize to meet needs
Fiscal responsibility, accountability and
stability
Communication
and
Transparency
Accurate
projections
Monitor fund balances, debt ratio, and cash flows
Reports to
Dept
Mgrs.Slide18
Financial Monitoring, Reporting and AnalyticsSlide19
Financial Monitoring, Reporting and Analytics*****Updated Nightly*****Slide20
FINANCIAL REPORTING & ANALYTICS DEMOSlide21
DISCUSSION/QUESTIONS