Budgeting for Technology Best Practices
Date: 09/16/2024
Start Time: 9:45am
End Time: 10:45am
Room: Pavilion 1
Track: Leadership & Management
Speakers: April Bacon, Steven Drewes
There are lots of methods to budget for technology in a tribe, but is there a best proven practice among those? How do you fairly and accurately fund shared resources like: hardware, software, people, infrastructure, communications, capital outlays, licensing, maintenance and more. Attend this session to hear our presenters discuss options for tribes to consider in IT budgeting and management. Best practices for elevating your capital budgeting process. Overcoming top challenges in budgeting: Data integrity, manual time consuming processes, and capex budget and ongoing maintenance agreement budgets. Processes for budgeting depending on your FPA maturity level: best practices to strategize for and enhance your budgeting processes to ensure the latest technology is available and annual licensing costs are not missed throughout the budget cycle. Considerations for Centralized vs Decentralized budgeting processes: best practices for budgeting for capital asset wish lists, maintenance agreements, and annual licensing needs.