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These uncertain times have made financial forecasting harder than ever. This session will empower nonprofits to develop nimble budgets, plan for times of uncertainty and enhance communications to tell their story in the foggy future. Focusing on practical tools and techniques available to improve the budgeting and forecasting process, we will discuss how to involve a cross-functional team in the process, including programmatic and fundraising staff . This session will also touch upon predictive analytics, forecasting, modeling, and scenario planning that goes beyond historical information like basic "budget vs actuals".
Learning Objectives:
Identify an inclusive financial planning process during time of uncertainty.
Select practical tools that fit your organizations needs for tracking and sharing financial information.
