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Webinar Recording

Budgeting Best Practices

Date: Thursday, June 11, 2015
Time: 2:00 pm - 3:00 pm EDT
Budgeting is done so frequently that it becomes rote and we don’t often look at ways to learn, innovate, and improve this core process. Join Gene Siciliano, a long-time CFO, as he walks through the most effective budgeting and budget management processes he has encountered in nearly four decades as a corporate finance leader and advisor. The entire budget “flow” will be discussed, from the strategic process to the budget process to the reporting and variance management that lives on throughout the year. Specific, implementable frameworks and examples will be used throughout along with best practices and pitfalls to avoid.

You’ll also hear from the finance leaders at Texas Association of School Boards (TASB): Charlee Lane, Accounting Manager / Project Manager, and Cheryl Clise, Internal Control Analyst / Finance System Architect. Charlee and Cheryl will explain how they identified the need to change their budgeting processes, and implemented Corporate Performance Management (CPM) software to automate them. They will detail their new processes and speak about the in-depth analysis they conduct with the time that they save and their newfound access to better information.
After attending this event you will be able to:
List the main elements of the budget process from strategy to reporting.
Recognize the key factors in impacting the budget process, how they interact, and how you can affect them positively.
Identify the key players in the budgeting process along with their roles in getting the process to achieve its full potential.


Gene Siciliano, President, Western Management Associates
Gene Siciliano
President, Western Management Associates
Gene Siciliano is President of Western Management Associates, a nationally known consultancy to middle market companies in all industries, both private and public. His strategies, solutions and implementation support create increased financial visibility, profit improvement and enterprise value for his clients during their growth and exit stages. His results enable CEOs to gain control of the money side of their companies, and to experience freedom from financial surprises and deferred retirements. His CFO for Rent® services to corporate middle-market CEOs and business owners focus on financial management strategy and advisory services, CEO and senior management workshops, and Controller-for-Rent™ services in interim accounting.

As an award-winning speaker and trainer and long-time member of the National Speakers Association, he offers private presentations to CEOs (sometimes with their senior management teams) on their chosen topics of business and financial strategy. He is also the author of the best selling McGraw-Hill-published book entitled: “Finance for Non-Financial Managers, 2nd Edition,” and a personal finance book for educators entitled: “Financial Mastery for the Career Teacher,” published by Corwin Press.
Charlee Lane, Accounting Manager, Texas Association of School Boards, Inc.
Charlee Lane
Accounting Manager, Texas Association of School Boards, Inc.
Charlee Lane received her MBA from Lamar University. Previously, she worked as the Chief Financial Officer of a horticultural company. Her responsibilities at TASB include oversight of the budget process and payroll-related functions, internal and external financial reporting, data analysis, financial process improvement, as well as system development and administration.
Cheryl Clise, Internal Control Analyst, Texas Association of School Boards, Inc.
Cheryl Clise
Internal Control Analyst, Texas Association of School Boards, Inc.
Cheryl Clise earned her MBA at Lakeland College. Prior to joining TASB, she worked as the Senior Internal Auditor for a Fortune 500 company. At TASB, she coordinates annual financial audits and internal control reviews, oversees security access for accounting systems, leads the organization’s risk assessments, reviews accounting processes, and develops and administers the budget system.
Moderated by: John Kogan, CEO, Proformative
Moderated by: John Kogan
CEO, Proformative
John has been CFO at four technology companies, a finance executive at Cardinal Health, and in multiple roles at AlliedSignal and Cisco Systems. John has raised over $100M in equity capital and debt and has played central roles in numerous buy and sell-side transactions for both public and private companies. As COO at two companies, John also ran Engineering, Manufacturing and Customer Service operations. He has also founded, invested in and been a board member or advisor of a number of companies. John has a B.A. in Economics from Connecticut College and an MBA from the Fuqua School of Business at Duke University.


Event Sponsor Prophix
Prophix - Prophix is a leading developer of innovative performance management solutions designed to automate financial and operational processes, making companies more profitable and reducing their risks. Thousands of finance leaders in nearly one hundred countries use Prophix to empower their organizations and gain valuable insight into business performance. Prophix and its partners deliver superior value by combining high-end functionality with low cost-of-ownership and fast implementations. With powerful and adaptable solutions built entirely on the Microsoft SQL Server stack, Prophix streamlines budgeting, planning, reporting, consolidation, and more.
By filling out this form you will become a member of Proformative, and are subject to Proformative's User Agreement. This webinar is provided to you for free by the sponsor, who may contact you later.

There are no CPE Credits for this Solution Demonstration.