1. Finance + Business = A Happy Marriage? David Colson, CPA Treasurer & VP of Finance 2015 ROCKY MOUNTAIN SUMMIT

2. Who I am

3. 2015 ROCKY MOUNTAIN SUMMIT What Makes a Good Marriage? 2 parties who positively support and challenge each other to make solid life decisions YOU + Business

4. 2015 ROCKY MOUNTAIN SUMMIT Characteristics of a Good Marriage Compromise Planning for the future Adapting to change Trust Commitment

5. 2015 ROCKY MOUNTAIN SUMMIT FP&A Areas of Opportunity: Decision Support Budgeting & Strategic Planning Effective Forecasting Business Partnering Team Building Leads to Corporate Influence

6. 2015 ROCKY MOUNTAIN SUMMIT Decision Support (Ad hoc Projects) Considerations: Cost/Benefit Relationships Risk vs. Reward How do we quantify? Compromise

7. 2015 ROCKY MOUNTAIN SUMMIT Decision Support (continued) Key Take Aways: Facts and Data NOT People and Personalities! Resources are Limited Compromise

8. 2015 ROCKY MOUNTAIN SUMMIT Budgeting Video

9. 2015 ROCKY MOUNTAIN SUMMIT Budgeting Basic Budgeting: Financial roadmap Manage resources Influential Budgeting: Is your budget founded on a strategic plan? Planning for the future

10. 2015 ROCKY MOUNTAIN SUMMIT Forecasting How often? Usually monthly or quarterly Long or short range? Rolling forecasts are better Adapting to change

11. 2015 ROCKY MOUNTAIN SUMMIT Forecasting (continued) Art or Science? Both How to avoid scenario hell? Goal Posting Adapting to change

12. 2015 ROCKY MOUNTAIN SUMMIT Business Partnering Partner with key decision makers Advertise your skills Build credibility Trust

13. 2015 ROCKY MOUNTAIN SUMMIT Team Building Hire the best people Develop their skills and talent Show your appreciation Commitment

14. 2015 ROCKY MOUNTAIN SUMMIT Recap Areas of Opportunity for You: Decision Support – Compromise Budgeting – Planning for the future Forecasting – Adapting to change Business Partnering – Trust Team Building - Commitment

15. 2015 ROCKY MOUNTAIN SUMMIT Happy Marriage Successful Future Business Finance

16. 2015 ROCKY MOUNTAIN SUMMIT Questions? Experiences you would like to share?