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Ensuring Continuity: Succession Planning Strategies for Nonprofit Finance Teams

Blackbaud

Many organizations are finding it difficult to fill roles, especially in the finance department. Proper planning can allow your finance department to withstand any type of staff turnover or mobility in stride. But recently, increased demand for services and fewer people interested in joining nonprofits has made the situation worse.

Finance 105
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How to Streamline Your Data Entry and Reconciliation Processes with Integrated Fundraising and Finance Solutions 

Blackbaud

By integrating fundraising and finance systems, information flows easily from gift records to journal entries, saving time, reducing the risk of fraud, and simplifying audits. Here’s how a connected fundraising and finance system can simplify reconciliation for nonprofit organizations, and what it would look like in practice.

Finance 98
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Building Resilient Funding Models: Essential Tips for Nonprofit Finance Professionals

Blackbaud

Finance plays a crucial role in building a sustainable and scalable funding strategy. By actively bringing together different departments and leading discussions around revenue diversification, you can set measurable goals, evaluate the ROI of each funding source, and make informed decisions about where to invest time and resources.

Finance 98
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Build Trust by Integrating Your Fundraising and Finance Systems

Blackbaud

This seamless flow of information is truly incredible, particularly when the data exchange is between finance and fundraising. When you unite your fundraising and finance systems, efficiency is simply the first win of many. Or, if a donor wants to know where their funds are going, pull up an accountability summary of the gift.

Finance 96
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Nonprofit Hospitals’ Finance Get Ratings Upgrade

The NonProfit Times

Philanthropy is pivotal to funding strategic growth priorities in nonprofit hospital systems like Cedars-Sinai. The post Nonprofit Hospitals Finance Get Ratings Upgrade appeared first on The NonProfit Times. senior vice president, advancement & chief advancement officer at Cedars-Sinai in Los Angeles agrees with Ayres.

Finance 98
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Demystifying Grant Attachments: A Complete Guide to Boost Your Funding Success

Millionaire Grant Lady

Even if you know that the potential funding could be enormous for your organization, the process of dealing with so many details can be tedious, time-consuming, and disheartening. When you provide your most recent tax return or an audit, it shows that your organization keeps records and can be transparent with finances.

Funding 130
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4 Ways to Unlock the Potential of Your Nonprofit Finance Team to Become World Class

Blackbaud

A good finance team will make sure bills are paid on time, reports are accurate, and the Board of Directors has access to the current financial statements. A good finance team will help you stay where you are. A good finance team will help you stay where you are. A world-class finance department will help you evolve.

Finance 98