eBooks

6 Getting Beyond Survival, So Your Nonprofit Can Thrive Nonprofit organizations place high demands on their finance professionals. Sometimes, it feels like a hamster wheel—you run as hard and as fast as you can, but never get in front of the constant stream of reporting requests and compliance requirements. As your organization grows in size and mission, you will need flexible technology solutions to manage complex funding streams and organizational structures. Multi-entity accounting with visibility into the location, organization, and fund/grant/program transactions is critical, as is the ability to understand the bigger picture at the consolidated level. Introduction

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• 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
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