Why ERP Integration Is the Key to Modern Finance Teams’ Success
Finance leaders face an odd paradox: their organizations invest heavily in ERPs and accounting systems, yet when it comes time to budget, forecast,...
Best Budget Forecasting Methods for Accurate Budget Forecasting
Proper budgeting and forecasting help businesses and organizations control costs, allocate resources effectively, and stay aligned with their...
Dimensional Accounting Guide: Benefits, Software, and Setup
Nonprofit financial accounting and management can be complicated, especially when using traditional accounting structures. These typically present...
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How to Create a Budget for a Nonprofit (Tools + Template)
Every other nonprofit organization often struggles with unpredictable funding, multiple program needs, and the pressure from stakeholders to maintain...
Budget vs. Forecast vs. Actual - Avoid These Costly Errors
For most nonprofit professionals, a lack of alignment between the budget, forecast, and actuals can be concerning when the board asks for mid-year...
Nonprofit Accounting 101 - Principles, Tools, and Challenges
Contrary to popular belief, nonprofit accounting isn't just about numbers. It's about transparency, accountability, staying focused on your...
Top 3 Integrated Financial Planning Software: Features, Benefits & Cost
Like most nonprofits, you are probably struggling with error-prone spreadsheets, siloed data, and disconnected budget processes.
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How to Conduct a Budget Impact Analysis (Step-by-Step)
Evaluating the financial impact of a change, such as launching a new program or using a large grant, can be challenging for your nonprofit without an...
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How to Perform Budget Variance Analysis (Step-by-Step Guide)
Most nonprofit organizations often lack clarity on why actual expenses exceed their budget during their fiscal year.