Not-for-profit finance teams operate in a more challenging environment than before. Good financial stewardship plays a critical role in maintaining funding relationships and attracting new donors. Finance teams are under pressure to be transparent for compliance and provide clear financial and outcome information to the board, executives, donors, and government funders.
Not-for-profit are also facing growing challenges in accounting for funds, grants, projects, programs and more. These challenges include the increasing complexity of not-for-profit accounting, multiple funding streams, and compliance requirements. Even small nonprofits need to address these issues.
Content
- Surviving in a complex not-for-profit environment – in addition to growing complexities, most not-for-profits operate a lean finance team with limited staff and resources
- The foundation of your accounting system, the chart of accounts. Why chart of accounts and reporting is hard to manage for not-for-profits, and how Sage Intacct offers a logic-based chart of accounts.
- Simplify reporting and compliance for better visibility while improving internal controls.
- Real-time dashboard and automated performance metrics for stakeholders
- Automated reporting
Learn more about Sage Intacct that supports not-for-profit organisations with a robust set of functionalities to streamline grant, fund, program and donor accounting.