eBooks

5 Surviving with Limited Resources In addition to growing complexity, most nonprofits operate a lean finance team with limited staff and resources. It is the perfect recipe for stress and strain. Fortunately, finance teams that take advantage of cloud-based technology can configure their financial system with point-and-click functionality and achieve greater visibility with real-time data across multiple entities and locations, and dispersed teams. In this eBook, we will examine what it takes for nonprofit finance teams to not only survive but thrive. We will also look at how the Sage Intacct accounting and financial management solution helps nonprofits leverage the power of cloud technology to ensure mission success. Introduction

• Slide Number 1
• Slide Number 2
• Surviving in a Complex and Stressful Environment
• "There's a level of complexity here that is equivalent to what a major for-profit organization deals with."
• Surviving with Limited Resources
• Getting Beyond Survival, So Your Nonprofit Can Thrive
• The Basecamp of Nonprofit Accounting: The Chart of Accounts
• Why Chart of Accounts and Reporting Is Hard to Manage for Nonprofits
• Surviving the Traditional, Linear-Based Chart of Accounts
• Thriving with a Logic-Based Chart of Accounts
• "When I arrived we had 56,000 accounts in our chart of accounts. By leveraging Sage Intacct's dimension capabilities, we dramatically streamlined to just 100 accounts and can now tag transactions with detailssuch as specific programs and locations."
• Reporting and Compliance with a View
• Surviving with Rear-View Mirror Reporting and Manual Compliance
• Thriving with Future-Focused Financials and Automated Compliance
• Dashboards for Stakeholders
• Role-Based Dashboards
• Measuring What Matters―Outcomes and Mission Impact
• Automated Reporting of Outcomes
• "Before, everyone was in the dark, but with Sage Intacct it's a whole new world. Department managers can see precisely how they are doing with the click of a button... As a result, people are controlling their costs proactively, the organization's overall
• Find Your True North and Thrive
• Educational Resources to Help You Make the Right Decision
• Slide Number 22