--- title: "Daily Buzz: Train Chapters on Financial Management" id: "48733" type: "post" slug: "daily-buzz-train-chapters-on-financial-management" published_at: "2019-12-06T21:54:01+00:00" modified_at: "2026-03-17T02:36:04+00:00" url: "https://associationsnow.com/2019/12/06/daily-buzz-train-chapters-on-financial-management/" markdown_url: "https://associationsnow.com/2019/12/06/daily-buzz-train-chapters-on-financial-management.md" excerpt: "Before the numbers take a hit, work with chapters to keep finances in order. Also: How tech-savvy are meeting planners?" taxonomy_category: - "Meetings / Events" taxonomy_post_tag: - "AssociationsNow" - "Business" - "Employee Training" - "eventtech" - "Meetings" taxonomy_content_format: - "Article" taxonomy_role: - "Manager" taxonomy_persona: - "Association Professionals" --- [Home](https://associationsnow.com/) » [Articles](https://associationsnow.com/format/article/) » Daily Buzz: Train Chapters on Financial Management One of the challenges of chapter management is balancing the books. If you get a call that a chapter is headed toward—or already in—financial trouble, it’s time for your finance team to jump in. “To fully understand the situation, a few calls may suffice,” [writes Sarah Garrity on the BillHighway blog (opens in a new tab)](https://www.billhighway.co/chapters-in-crisis-how-to-recover-from-prevent-chapter-financial-mismanagement/) . “Or, you may need to get someone on the ground who can talk with the people involved. But right now, you’re in triage mode. What does the chapter need to right the ship? A loan from National?” Start taking the steps outlined in your emergency financial plan (you do have one of those, right?). Then, roll out a financial training program for chapter staff. “Since finances aren’t everyone’s idea of a good time, keep in mind the 3 E’s: educate, entertain, and engage,” Garrity says. “Arrange financial training for all incoming officers via a webinar, series of videos, or online learning program. Use your learning management system to track participation so you know who’s completed the training and who hasn’t. For treasurers and board members, provide training that focuses on their specific responsibilities.” After training, make sure to stay in touch with the chapter officers and members to monitor the group’s growth. “Regular formal and informal communication helps you gain the trust of chapter leaders,” Garrity says. “They’ll pay more attention to the training and resources you provide, and they’ll turn to you when they need help.” ### Meeting Planners’ Tech Gap > A new survey reveals an emerging need for meeting pros exclusively focused on technology. Learn more: [https://t.co/ueN5ID5Q4t (opens in a new tab)](https://t.co/ueN5ID5Q4t) > [#eventtech (opens in a new tab)](https://twitter.com/hashtag/eventtech?src=hash&ref_src=twsrc%5Etfw) > [#eventprofs (opens in a new tab)](https://twitter.com/hashtag/eventprofs?src=hash&ref_src=twsrc%5Etfw) > > — Fonteva (@fonteva) [December 6, 2019 (opens in a new tab)](https://twitter.com/fonteva/status/1202973903821430785?ref_src=twsrc%5Etfw) **“Most meeting planners** didn’t get into the job for the joys of data analytics,” [says Sue Hatch on MeetingsNet (opens in a new tab)](https://www.meetingsnet.com/event-tech/new-breed-meeting-professional-event-technologist) . “But, as many will tell you, technology has become critical to success.” The problem: Only 48 percent of planners consider themselves “tech-savvy,” and 75 percent “struggle to keep up with new event tech trends and offerings,” according to a survey from Eventsforce. The research highlights the need for planners to seek out training and other educational resources to stay on top of their game. ### Other Links of Note **Meeting menus are about more than taste.** What food you serve can also affect attendee productivity. [Meetings Today explains (opens in a new tab)](https://meetingstoday.com/magazines/article-details/articleid/34072/title/food-choices-affect-meetings-productivity) . **Social media is crowded.** The Buffer blog outlines [how brands can stand out among many voices (opens in a new tab)](https://buffer.com/resources/brand-secrets-for-standing-out-in-a-crowded-world) . **Many members join associations** to boost their careers. The YourMembership blog explores [why your organization should develop a career center (opens in a new tab)](https://www.yourmembership.com/blog/5-key-benefits-make-career-center-worthwhile/) . (Natee Meepian/iStock/Getty Images Plus) [Jeff Hsin](https://associationsnow.com/author/jeff-hsin/) [More articles by this author](https://associationsnow.com/author/jeff-hsin/) Tags: [#Business](https://associationsnow.com/tag/business/) [#Employee Training](https://associationsnow.com/tag/employee-training/) [#eventtech](https://associationsnow.com/tag/eventtech/) [#Meetings](https://associationsnow.com/tag/meetings/) **Stay Informed** [Subscribe to our free newsletter](https://associationsnow.com/newsletter/) , *Associations Now Daily News*, to find out what’s happening in the association world every business day. ## You Might Like - [Video39 x 39 (x 20 in 5)August 29, 2013](https://associationsnow.com/2013/08/29/39-x-39-x-20-in-5/) - [VideoASAE — Thank You, Happy New Year!December 20, 2013](https://associationsnow.com/2013/12/20/asae-thank-you-happy-new-year/) - [PodcastAssociations Now Presents: Beyond the Contract: Building Stronger Destination PartnershipsSeptember 24, 2026](https://associationsnow.com/2026/09/24/associations-now-presents-beyond-the-contract-building-stronger-destination-partnerships/) - [VideoWelcome to ASAE AcademyMarch 19, 2025](https://associationsnow.com/2025/03/19/welcome-to-asae-academy/) ## Comments **Comments are for ASAE members.** [Learn more about comments on this site.](https://associationsnow.com/comments/) [Log in](https://associationsnow.com/login?redirect_to=https%3A%2F%2Fassociationsnow.com%2F2019%2F12%2F06%2Fdaily-buzz-train-chapters-on-financial-management%2F%23comments) to your member account or [join ASAE](https://my.asaecenter.org/select-a-membership-type/) !