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5 Ways Fund Accounting Simplifies Financial Reporting for Community Health Centers

sgEngage

With multiple points of accountability and dynamic funding sources, accounting professionals in community health centers face complex challenges. And with that form of funding comes significant compliance requirements. With fund accounting software, you get an extra level of control over grant expense tracking and reporting.

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Your Unrestricted Funds Need Stewardship, Too

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All in unrestricted funds with no reporting necessary. While nonprofits will hopefully see an increase in unrestricted funds—and a decrease in burdensome reporting requirements—as part of this and other movements, good nonprofit accounting principles still apply. What Are Restricted Funds?

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5 Tips for Community Health Centers to Transition to New Fund Accounting Software

sgEngage

The right fund accounting software can save you time and streamline your processes. Here are five tips to help your community health center’s fund accounting implementation smooth and seamless. In a small, grant-funded organization, you might not have these skills and that’s ok! Identify the right skills on your team.

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Exploring the Reporting Advantages of Salesforce Over Blackbaud CRM (BBCRM)

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Many of these implementations have taken place transitioning nonprofit and higher education institutions over from Blackbaud to Salesforce. If you’ve just migrated from Blackbaud onto Salesforce, you’ve made the right choice, and we’re here to help ease your transition. Let’s start with native reporting.

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Don’t Jeopardize Your Nonprofit Compliance with a Commercial Accounting System?

sgEngage

Grant-funded nonprofits know compliance isn’t a nice-to-have. If all your Ts aren’t crossed and your Is aren’t dotted on your grant reporting, your chances of repeat funding from that entity are low. When your accounting system is not built to handle restricted funding , each report can feel like a fire drill.

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Nonprofit Finance Leaders: Don’t Miss These bbcon 2023 Sessions

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The bbcon 2023 agenda is full of great sessions for finance professionals serving nonprofits, schools, foundations, healthcare, and cultural organizations, from creating better systems to extending what you currently do with Blackbaud’s fund accounting software, Financial Edge NXT. Let the Machines Work so the People Can Think!:

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7 Ways Your Nonprofit Can Build a Strong Financial Foundation in 2024

sgEngage

From creating a financial cushion to clearly managing your financial reporting, your finance team can create a strong foundation to help you weather whatever the new year has in store. Like an emergency fund for your organization, an operating reserve allows you time to make data-driven decisions instead of having to react immediately.