Remove Chart Remove Problem Remove Time Remove Track
article thumbnail

5 Tips for Community Health Centers to Transition to New Fund Accounting Software

sgEngage

The right fund accounting software can save you time and streamline your processes. But as a community health center, you’re already running on lean margins, which makes it even harder to carve out time to implement new software. Determine the non-financial metrics you want to track. Think about the future.

Fund 99
article thumbnail

Your Unrestricted Funds Need Stewardship, Too

sgEngage

Even though unrestricted funds don’t have mandates on how they should be spent, tracking and reporting on them is still important for both your donors and for your organization’s financial decision-making. Creating a culture of transparency starts with clear tracking by individual program, fund, or project.

Fund 99
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Workplace Giving Data Problems Just Got Worse

3rd Sector Labs

This has been a problem for a long time. It used to be a United Way problem. But that hasn’t solved any problems. The problem is only getting worse. Too many sources of donor data to keep track of. The second blog, Why Mid-sized Businesses Need CSR , gives us a map of the problem. The result?

Problem 100
article thumbnail

Don’t Jeopardize Your Nonprofit Compliance with a Commercial Accounting System?

sgEngage

With an accounting system designed to manage and track balances by fund and subfund across fiscal years and with supported documentation, you can minimize risk by making nonprofit compliance a streamlined process. It’s not just the end-of-grant reporting that can cause problems.

System 79
article thumbnail

7 Ways Your Nonprofit Can Build a Strong Financial Foundation in 2024

sgEngage

It gives your nonprofit breathing room when a problem or a new opportunity arises. Like an emergency fund for your organization, an operating reserve allows you time to make data-driven decisions instead of having to react immediately. If a government regulation changed or community preferences shifted, would you have time to react?

article thumbnail

Integration: The Ultimate Solution for Nonprofit Data Silos

sgEngage

Data silos are a common problem across all industries and can cause serious pain points, especially as data volume increases. Restricted research: Inconsistent data restricts healthcare teams’ ability to perform meaningful research and problem-solve. Save staff time and costs by avoiding manual entry. Informed fundraising plans.

article thumbnail

How to Set Up Your Nonprofit Accounting System RIGHT So it Helps You Grow

Get Fully Funded

The problem is that if you’re like most, you haven’t paid a lot of attention to your accounting system. The best time to implement and start using a good nonprofit accounting system is from the beginning. If you don’t yet have good accounting systems in place, NOW is the time to correct that. Again, big mess. I promise you will.

System 98