2022 Planning, Budgeting, and Analytics Forum

Join one team on their journey from analysis to building a transformative operational plan. This session will lay out and review the goals, steps taken, analysis, the operational plan, and its outcomes. The exposition will be followed by an interview that will dive into the impact of analysis and planning on the institution-wide system.

• Lorenzo Esters, chancellor, Ivy Tech Community College Indianapolis
• Katie Hagan, principal, rpk GROUP

60 minutes; 1 CPE credit in Management Services

Immerse yourself in the genesis, design, development, features, and uses of an application of ServiceNow (aka Budget Assist) employed by one institution in support of the university's annual operating budget creation process. This session will review Budget Assist's institutional benefits, lessons learned, examples of real requests, and provide a live demonstration.

• Jeff Hamrick, vice provost, University of South Florida
• Michael Harrington, associate vice provost planning and budget, University of San Francisco

Learn how one university created a business intelligence platform and pushed a real shift towards a more data-informed culture. This session will review the project management, design, collaboration, technology, and data governance aspects of creating such a platform, and will talk through the wins and struggles along the way in leveraging resources and engagement/adoption. Find out how you can apply these elements via a live demonstration of the platform.

• David Doig, director of fiscal analytics and decision support, University of Colorado Denver
• Dave Deffenbacher, assistant vice chancellor, Office of Institutional Research and Effectiveness, University of Colorado Denver

This demo showcases how UNLV's Anaplan financial model streamlined their budget process facilitating proactive decision-making and planning across the university. This solution replaced Excel as their primary budget tool, resulting in easy access to reporting, including budget-to-actuals, and providing forecasting capabilities. UNLV chose Anaplan for its capability of building multiple models with a variety of complex requirements and chose TruEd Consulting due to its implementation team’s deep higher education experience.

Speakers

• Megan Gerke, Anaplan system manager, financial planning, budget and analysis, University of Nevada, Las Vegas
• Erin Messer, associate budget director, financial planning, budget, and analysis, University of Nevada, Las Vegas
• Russ Owen, manager, public sector, TruEd Consulting

30 minutes; no CPE credit is offered for demo sessions

This interactive session will provide key insights and best practices for how organizations can leverage an all-funds approach to budgeting and financial management to communicate financial position, identify opportunities for resource reprioritization, and optimize investment opportunities. Join an institution in a rich discussion on why this approach leads to robust financial communication and encourages a transparent and common understanding of financial position. Learn how this approach can help you communicate critical financial information in a simple and comprehensive way for a variety of audiences.

• George Kolb, associate vice president of budgeting, University of Florida
• Taylor Jantz, manager, Huron Higher Education
• Kevin Lintner, higher education senior associate, Huron

After conducting member focus groups and a survey, NACUBO recently released a list of the top business issues confronting colleges and universities. In this session, panelists will explore the top challenges college and university business leaders are working to navigate. Presenters will share how these business issues are evolving at their institutions as well as strategies they are developing to tackle challenges and take advantage of opportunities.

• Dennis Jones, executive budget director, Norfolk State University
• Katie Walker, executive director of financial planning and analysis, University of Virginia
• Randy Roberson, vice president, leadership development, NACUBO

60 minutes; 1 CPE credit in Specialized Knowledge

Finance data isn’t the only finance data. Colleges and universities increasingly need access to integrated data—linking finance, student, HR, space, and other data types—to make decisions. Colleges and universities have an abundance of data, but getting to it in a timely manner and transforming it into actionable information often involves time-consuming, manual, and potentially error-prone processes. This session’s facilitator will engage business officers in a discussion about the importance of integrated data, how to improve processes to reduce technical debt, and how to build a culture of data-informed institutional planning and budgeting.

• Linda Kroll, associate vice president for finance, University of Notre Dame
• Jean Vock, senior vice president for business affairs and CFO, University of Nevada, Las Vegas
• Steve Lott, regional manager – education, OneStream

The University of Virginia implemented a responsibility center management budget model in FY2015 and conducted its second review of the model during FY2021. That review resulted in significant simplification of the model, making it more strategic, transparent, and supportive of multi-year planning. This session will give participants an overview of how the review was conducted, the parties involved at all levels through the process, and the early results of the revised of the budget model. Session presenters will discuss communication strategies, governance issues, and data integrity as they present participants with a roadmap for evaluating their own budget models.

• Bill Ashby, associate vice president for financial strategy, University of Virginia
• Adam Daniel, vice provost for planning, University of Virginia
• Rob Hoover, senior associate dean for administration and chief financial officer, McIntire School of Commerce, University of Virginia
• Katie Walker, Executive director of financial planning and analysis, University of Virginia