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Home » Inability to Practice and Demonstrate Responsible Financial Management

Inability to Practice and Demonstrate Responsible Financial Management

It is too difficult to ensure prudent and effective budget utilization. You cannot ensure operation within budget today. It has not been successful. It happens frequently that you run over budget or exceed appropriations. There are consequences of that occurring. You cannot track budget status and any changes to it. It is not an effective process. You cannot review historical encumbrance information with ease. You are not using any type of encumbrance management system. It is not working well. It does not integrate with your purchase order system. You cannot cross fiscal years in your reporting on encumbrances and other…

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