Modernizing the Payables Workflow: A Smarter Approach for Nonprofits
Your payables processes are the gears that make your organization move. Vendors get paid, so your programs keep serving. Expenses [...]
Fiscal Period Close Strategy for Nonprofits: Building a Stable Foundation
Does closing your books quickly every month feel more like an aspiration than a reality? For many nonprofit finance teams, [...]
Ensuring Utilization of Spendable Funds in Endowment Management: A Practical Guide for the Finance Office
Accurately identifying and utilizing your endowment’s spendable balances is one of the most powerful ways your organization can strengthen donor [...]
Endowment Fund Management: 5 Effective Accounting Tips
Endowments are the result of a successful long-term strategic plan. Through major giving and capital campaigns, your organization has created [...]
10 Best Practices for Strong Nonprofit Financial Management
Smart money moves are vital for nonprofits. You’ve got to use funds wisely, aligning with your mission and honoring donor [...]
How to Evaluate the Best Time for Your K–12 Private School to Implement Fund Accounting Software
They say that if you want something done, give it to a busy person because they know how to manage [...]
Navigating a Government Shutdown When Your Organization Receives Federal Funds
As a nonprofit finance professional, have you added “navigating uncertainty” to your resume yet? The U.S. government shut down on [...]
How to Effectively Segment Endowment Funds for Your Organization
Managing an endowment is no small feat, especially when you’re stuck relying on Excel spreadsheets or systems that aren’t designed [...]
The Power of Precision: Why Accurate Endowment Allocations Matter
Accurate allocation of investment earnings and fees is the cornerstone of successful endowment management. When organizations invest in the right [...]
How Private K–12 Schools Can Prepare for and Ace Their Financial Audit
For many private K-12 business office teams, the annual financial audit conjures up visions of long nights tracking down receipts, [...]
