System Enhancements

Managing finances shouldn’t be complicated. I will:

Work with our ERP and software solutions provider to expand and consolidate accounting features to simplify financial processes.
Streamline financial submissions by integrating fragmented processes—currently split between online portals, emails, and in-person submissions—into a single, user-friendly system.
Develop a "one-stop shop" for treasurers, making it easier to access and manage financial resources efficiently

Transparency

Students deserve to know how their fees are being used. I will:

Expand the quarterly financial reports to include detailed funds usage statistics, ensuring students understand how their money benefits them.
Improve budget reports to provide clearer spending insights, emphasizing the impact of student fees on campus initiatives.
Work with constituencies and fee-receiving groups to ensure their budgets and spending data are publicly accessible and regularly published.

Clubs and constituencies are at the heart of student life. I will:

Enhance treasurer training by offering more workshops, strengthening the Canvas training course, and expanding video walkthroughs and simulation exercises like the Continia Simulation file.
Develop a sponsorship guide in collaboration with stakeholders to help clubs secure funding and partnerships.
Increase awareness and accessibility of the AMS corporate credit card for expenditures that cannot be paid through other means, with a dedicated request form.
Establish a framework and guidelines to help constituencies and clubs set up Endowment Funds for long-term financial sustainability.
Improve club and constituency spend tracking by implementing dedicated account and dimension codes, and explore the feasibility of auto-generated variance reports through the AMS accounting system.
Provide process flow templates for subsidiaries to minimize errors in financial submissions.
Expand VP Finance Caucus membership to include club representation, fostering a stronger collaboration between the AMS and student organizations.