Issue link: https://epubs.iltanet.org/i/83718
www.iltanet.org Facilities Well Somewhat Not at all 12 3 Litigation Support Well 3 Somewhat Not at all 13 15 Records Well Somewhat Not at all 13 4 34. What is the role of finance in budget preparation and management? 17 # of Responses Finance prepares and manages the entire budget The COO or Executive Director prepares and manages the budget Each department head prepares and manages their own budget Other * 14 3 9 6 Percentage 44% 9% 28% 19% * Each administrative department head prepares their own budget, but finance assists some more than others in this process. Finance prepares with department input, departments manage. Each department, Finance, Executive Director, and Managing Partner work together to prepare the budget. Controller and Executive Director prepare and manage the budget. Joint preparation by Finance Director and Executive Director. Each department head prepares and manages their own budget, but Finance consolidates all budgets and reports on it. 15 35. Using an estimated percentage for each category below, how do you finance technology? Purchase Capital lease Operating lease 33. What are the greatest barriers to collaboration? # of Responses Time Resources Turf wars Management Communication Other * * Lack of a need to collaborate 16 11 8 3 13 1 Percentage 31% 21% 15% 6% 25% 2% 31% 43% 71% 14 ILTA White Paper