Read The Resource Group blog to learn about Microsoft Dynamics GP ERP software and Intacct cloud accounting software
Working in the healthcare industry can be a truly rewarding experience. Regardless of title, the drive to work in an industry that is centered around helping those in need requires a specific skill set that not everyone is able to provide. The same goes for technology that helps healthcare workers fulfill their duties to the best of their abilities. Not every piece of software in the healthcare technology stack can live up to the rigorous and necessary standards set forth to keep sensitive information private.
That is why Sage Intacct institutes the Three Pillars of Compliance within the could financial system.
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.