Adaptive Financial Planning Webinar

Adaptive Financial Planning Webinar:

Feb 20 2019 - 8:45am - Feb 20 2019 - 12:00pm

Location: Online

Language: English


This webinar is being held as part of Humentum’s partnership with the UK’s Charity Finance Group (CFG) with sponsorship from Crowe. We are trying something new, which is to accompany the face-to-face meeting in London, which you can register for via CFG at, with an on-line webinar which you can register for on this page.

Many INGOs operate in complex and changing environments.  From a financial planning perspective, a substantial portion of their projected future income streams is often uncertain at any given moment in time, while their programmes and activities are subject to change depending on outcomes and local conditions.  Furthermore, often INGOs have fully or partially decentralised structures with decisions and activities taking place at some distance from the central finance function. 

At the same time, international NGOs have a duty to manage their work effectively and efficiently, and therefore to undertake appropriate planning and budgeting activities.  Most NGOs adopt a fairly similar approach to financial planning, setting detailed annual budgets for income and expenditure ahead of each financial year, often structured by department, project or cost centre and against individual budget lines.  Some organisations also develop multi-year financial projections, but most often the focus is very much on the detailed annual budget.   The annual budgeting process is often very time-consuming both for the finance team and also for managers, while resulting in relatively small changes in resource allocation year on year.  Towards the end of any financial year (before any budget for the upcoming year is developed and approved) it gives little or no indication of the financial position and projections beyond the year end, even where in-year forecasts are undertaken.  Meanwhile budget holders and managers can sometimes find the process time-consuming and rigid.   

Given the uncertainty inherent in many INGO operations, how fit for purpose is this “standard” annual financial planning process? To what extent does it allocate resources effectively, efficiently and on a timely basis, while incentivising cost efficiency? 

In this meeting we will explore how financial planning processes can be more responsive to the organisation’s needs, for example, through more flexible budgeting and resource allocation, or through simpler, higher level budgeting, or more frequent, lighter touch forecasting or rolling financial plans, and/or through automation. 

In this meeting we will hear from a range of organisations, including:

  • Care International UK, on how financial planning processes can be more flexible and adaptive in times of change and uncertainty
  • The Francis Crick Institute alongside Adaptive Insights.  The Crick is a charity with 60% restricted grants, and many teams and functions with their own budgets, that has implemented the Adaptive Insights system, a financial planning and enterprise performance management system that enables quicker, more active and flexible financial planning, budgeting and scenario planning

There will be plenty of opportunity for questions, and discussion, as well as an opportunity to participate in a short workshop/group discussion to gain insight into the drivers in your own organisation that shape its financial planning requirements, and specific adaptations that you could implement to make your financial planning more responsive and more efficient.