eBooks

Secrets to Gaining Visibility into Nonprofit Financials

eBooks

Issue link: http://read.uberflip.com/i/1076589

Contents of this Issue

Navigation

Page 4 of 20

5 Manual Processes Hinder Financial Reporting Nonprofits often have limited IT resources and far too many manual accounting processes. Traditional reporting only provides backward- looking information about the prior month, quarter, or year. Nonprofit financial executives need real-time reporting that can be customized by role, program, location, funding source, and more. This quality of reporting tool is achieved through a cloud financial management solution. Reporting Challenges 65% 60% 55% 50% 55% 60% 65% 70% Reliance on spreadsheets Limited data for decision-making Excessive manual data entry Challenges to Nonprofit Repor ting TechValidate survey for Sage Intacct, "Growing Number of Nonprofit Organizations Benefitting from Intacct Cloud Financial Software," PRNewswire, March 9, 2015.

Articles in this issue

Links on this page

Archives of this issue

view archives of eBooks - Secrets to Gaining Visibility into Nonprofit Financials