PF Podcast: Agile financial management in the post-pandemic age

1 Jul 21

Public Finance magazine and Workday recently brought together a group of senior public sector finance leaders for a roundtable discussion exploring ways in which government departments can use agile financial planning and active financial management to meet the needs of the post-Covid-19 world. This episode brings you the most important insights and opinions from this roundtable.

 

 

What can organisations do when priorities are continually changing and budgets are short term?

Active financial planning enables them to gain data-driven insights into multiple scenarios and their potential impact, while agile financial management helps shift the focus towards effective resourcing improvements for frontline delivery.

Rob Douglas, regional sales director, planning, at Workday and Edward Bass, regional finance lead at Workday, lead the conversation on how organisations can become more efficient and effective while driving improvements in the public services they deliver.

- Managing resources during uncertainty to deliver frontline services and increase overall fiscal and workforce visibility and accountability;

- Process automation for efficiency;

- Driving collaboration and visibility while managing short term budgets.

Who took part?

- Claire Callaghan, lead finance business partner, probation service, Ministry of Justice Finance
- Jon Watkins, group editor, Public Finance
- Nicola Smith, UK and Ireland lead for finance platforms and transformation, Accenture UK
- Paul Eccleson, trustee, National Museums Liverpool
- Mike Newbury, director, local audit code and guidance, National Audit Office
- Jenni Field, deputy director, finance strategy, Health Education England
- Olivia Halliday, head of balance sheet management, HM Treasury
- Andy Venables, financial accountant, Office of the Public Guardian, MoJ
- John Matheson, chair of audit and risk committee, Transport Scotland, and former CIPFA president
- Rob Douglas, director Europe, planning, Workday
- Vicky Rock, director of public spending, HM Treasury and deputy head of the UK Government Finance Function
- Edward Bass, government financials lead, EMEA, Workday

 

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