Remove Budget Remove Grant Management Remove Insurance
article thumbnail

4 Nonprofit Financial Management Challenges (& Solutions)

Get Fully Funded

However, you can strategically cut other administrative costs by: Evaluating your organizations insurance plan to ensure youre getting the right amount of coverage for the best price. Solution: Invest in Dedicated Accounting Software As soon as its feasible given your nonprofits budget, add an accounting platform to your tech stack.

article thumbnail

Eight steps to get started with fiscal sponsorship

Candid

Financial management, budgeting, and accounts payable/receivable Tax preparation and annual audit Grants management Risk assessment and insurance Legal counsel. Professional fiscal sponsor services often include: HR, benefits, and payroll. Executive and organizational coaching Donation oversight.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Medical grants software

Bonterra

Learn more How It Works Maintain compliance, increase efficiency, and ensure scalability with Bonterra’s flexible, purpose-built grants management software. Build customized workflows Streamline grant review and approvals with automated workflows tailored to your company’s specific needs.

article thumbnail

Does Revenue Diversification Actually Work for Nonprofits?

Peak Proposals

Grant funding could be a good direction for your organization. Related to this, grants cannot cover costs accrued prior to the award, so you cannot promise the grant writer that they will receive a percentage of any grants awarded as a result of their proposal writing. Grant management.