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How a Nonprofit Can Use KPIs to Achieve their Return on Mission

Kim Anselmo – Friday, June 08, 2018

    KPI Metrics for Nonprofits

    In the for-profit world, there is a return on investment, or commonly shortened to the ROI. However, in the non-profit world, you have what is called the return on mission or ROM. In many instances, that ROM is achieved or at least it helps to achieve it, by monitoring Key Performance Indicators (KPIs) on a dashboard from your business management software solutions, such as accounting software, fundraising software, and/or grant management software. All this information should be readily available in your dashboards to be able to drill down on them and view the real-time information for your non-profit organization.

     

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How to Overcome the Biggest Nonprofit Pain Points

Romy Andrews – Friday, April 27, 2018

Nonprofit Accounting Software Pain Points | Resource GroupSage Intacct recently conducted a survey of nonprofit financial professionals, spanning small to large organizations with both single and multiple entities across a wide range of industries. Below is what your peers shared with us as their biggest pain points as part of the survey, as well as how to overcome them. 

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Improve Cash Flow with These Top 7 AR Features

Kim Anselmo – Wednesday, April 25, 2018

YayPay for Sage Intacct

Are you tired of the manual process associated with managing your accounts receivable process? Would you like better visibility into the collections process across departments, so you can better predict cash flow? Modern accounts receivable solutions have these top 7 features that can help you improve your collection process and metrics:

 

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Strengthening Nonprofit Profitability through Audit-Ready Financials

Romy Andrews – Tuesday, April 03, 2018

Strengthening Nonprofit Profitability through Audit-Ready FinancialsToday's nonprofit world is characterized by greater competition for funding and increased scrutiny of your impact. This is sometimes due to fraud or poor performance of just a few nonprofits, which affect the whole.

Whatever the case, this represents an opportunity for your nonprofit to be transparent, to demonstrate accountability and to strengthen your reputation with funders and the community. And one way to do so is for your financials to be "audit ready" so that you can prove financial health and how you are investing funds in your mission, even if you are not audited.

How can you be audit-ready in a way that enables your nonprofit but doesn't hurt your Return on Mission? Investing in the right nonprofit accounting software is central to the answer.

 

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The Future of ERP: Where is Enterprise Resource Planning Heading?

Romy Andrews – Tuesday, March 13, 2018

By Marty Schillaci, CEO of The Resource Group

the-future-of-ERPAs the CEO of The Resource Group, I’ve done a lot of research on the future of enterprise resource planning (ERP). Needless to say, I’ve learned some interesting things.

 

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