At the end of May the team from Castle had the privilege of attending and speaking at the Scottish Colleges’ Finance Development Network annual conference. This year the conference theme was extended beyond the standard finance-focussed discussions, with a quote from Nelson Mandela setting the scene for two days of exciting sessions and dialogue.

Education is the most powerful weapon which you can use to change the world” – Nelson Mandela

Plan for longer term

Embracing this theme, the guest speakers covered topics including GDPR, cybercrime, copyright licensing as well as the annual update from the Scottish Funding Council. Lorna MacDonald (Director, Scottish Funding Council) updated the Colleges on the Funding Settlements for 2019/10 as well as introducing the idea of providing the Colleges with 5-year financial planning. This was warmly welcomed as it will allow them  to look beyond the current year and start to plan for longer term projects and investments.

As day one came to its end, the final speaker of the day was our own Chris Oggelsby , who focused on the subject of  budgeting, forecasting and planning, followed by his top 10 tips to help improve this process. A great way to end the day with a few laughs on what can sometimes be a dry subject.

Eddie ‘the Eagle’ Edwards

After a wonderful evening of networking, good food and a few pirate games the conference started day two with an inspirational session delivered by Eddie ‘the Eagle’ Edwards, the greatest British Ski jumper of all time and the unlikely hero from the 1988 Winter Olympics. His story is a lesson to us all; despite all the obstacles placed before him, Eddie stayed true to his dream and achieved what many said was impossible – the courageous British ski-jumper who never stopped believing in himself.

Following on from our presentation, we are running two webinars exploring how our  Budgeting & Forecasting solution from Infor incorporates financial reporting and analysis, dashboards, budgeting, planning, forecasting, data-mining and financial consolidation capabilities. Infor BI  integrates with any finance system so register to find out how it can help streamline your budgeting process, save time and eliminate human error by moving away from spreadsheets.

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