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Best Practices for a Stress-Free Fund Accounting System Implementation

sgEngage

You are done with juggling multiple spreadsheets just to track your restricted funds. You’ve made the decision to switch to a modern fund accounting system. To do a fund accounting implementation process right, there is a good amount of organization, data clean-up, and training involved. You’ve found the perfect partner.

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How Nonprofits Can Avoid Buyer’s Remorse for Fund Accounting Software

sgEngage

So, when your organization is considering the purchase of new accounting-related software technology, it is crucial to carry out a thorough review of your requirements before you sign that agreement. This phase can be the most complex and time-consuming part—and one of the most effective ways to get a strong ROI.

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Best Practices for a Stress-Free Fund Accounting System Implementation

sgEngage

Implementing a robust and modern fund accounting system can save your team time, make reporting faster, and give you more opportunity to focus on impactful work. But introducing a new fund accounting system can be a sizable undertaking—even when you know it will be worth it. Mindset: A Critical Tool in Your Implementation Toolbox.

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7 Database Goals for Your Independent School’s Capital Campaign

sgEngage

Work closely with administrators to identify reports that need to be run and the metrics to track during the campaign, which will inform your fund setup and gift entry process. Fine-tune your fund setup. It is also directly related to the fund cash flow reports your finance office depends on. Add wealth screening services.

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Change Management for Grantmakers: The Center for Disaster Philanthropy’s Journey to Better Grantmaking

sgEngage

In early 2022, the Center for Disaster Philanthropy began an organization-wide grants change management review. These were the top three things we implemented based on our findings: Simplified our application: We cut down on the number of questions we asked by eliminating redundant ones and stuck to only what was needed for funding decisions.

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The Crucial Role of Strong and Efficient Operations in Boosting Nonprofit Fundraising Revenue

Greater Giving

While these elements are undeniably critical, the backbone of any successful nonprofit organization is its operational efficiency. Transparent, well-managed operations demonstrate to donors that the organization is capable of managing funds responsibly.

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Where to Find Grants for your Nonprofit Organization

NonProfit Hub

Finding grants for your nonprofit organization is a lot like shopping for a pair of jeans. Plenty of resources exist to find that perfect grant for your organization that has the style, flexibility and price tag you need – or maybe that’s the jeans. Award Phase. That helps give you a leg up in the funding world.

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