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Why Fund Accounting Software Beats Spreadsheets for Nonprofit Grant Reporting and Compliance

sgEngage

To meet those requirements, you’ll need to be able to successfully track and manage your grants and effectively report on how you allocated these funds. If you are a grant-funded organization, it will be important to manage spending restrictions and meet reporting requirements. Tracking: Cut Out the Spreadsheets!

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How to Streamline Your Grant Management Process with Technology

sgEngage

Receiving requests for funding can be both a crucial and frustrating part of being a grantmaking organization. You want applications from organizations that align to your mission, but the frequency of the requests can easily bog down your processes if you aren’t careful. Will several teams review the requests?

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10 Tips for Better Grant Management Processes

sgEngage

While grant funding may not require the continual stewardship efforts and nurturing of traditional donor-led funding, it often presents its own challenges: extensive reporting mandates, a list of requirements to qualify for funding, and the possibility of mission creep to meet those requirements. Focus on the why. Seek clarity.

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How a Project Charter Can Help You Have a Successful Fund Accounting Software Implementation

sgEngage

Any major project—such as implementing new fund accounting software—needs a well-developed charter to keep stakeholders focused on the goals and desired outcome. Give your project an easily identifiable name, such as Fund Accounting Software Implementation. Leave space in your list to track when each deliverable was completed.

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10 Considerations for Creating a Budgeting Process

sgEngage

That includes both the budget and the process for creating it. In addition to reviewing and updating your nonprofit operating budget each year, your financial team should also regularly evaluate your process for creating that document. What Does a Nonprofit Budgeting Process Include?

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How to Build a Better Nonprofit Budget in Less Time and with Less Stress

sgEngage

But when you have all the pieces—accurate data, a clear process, and a finance team to put it together—you can make a three-course meal look easy. Here are a few simple steps to help you create a solid budget that helps your organization allocate resources effectively and makes your budgeting process easier.

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The Top 9 Nonprofit Credit Card Processing Solutions

Bloomerang

Nonprofit credit card processing solutions are tools nonprofit organizations use to complete credit and debit card transactions securely and quickly. Leveraging a secure payment solution throughout the donation process strengthens donor trust and allows them to use a convenient payment method. per transaction. per transaction.

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