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Ensuring Continuity: Succession Planning Strategies for Nonprofit Finance Teams

Blackbaud

Many organizations are finding it difficult to fill roles, especially in the finance department. Proper planning can allow your finance department to withstand any type of staff turnover or mobility in stride. But recently, increased demand for services and fewer people interested in joining nonprofits has made the situation worse.

Finance 104
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Finance: AMA Pushes For Charity Care Accountability

The NonProfit Times

The post Finance: AMA Pushes For Charity Care Accountability appeared first on The NonProfit Times.

Finance 94
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How to Streamline Your Data Entry and Reconciliation Processes with Integrated Fundraising and Finance Solutions 

Blackbaud

By integrating fundraising and finance systems, information flows easily from gift records to journal entries, saving time, reducing the risk of fraud, and simplifying audits. Here’s how a connected fundraising and finance system can simplify reconciliation for nonprofit organizations, and what it would look like in practice.

Finance 96
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Build Trust by Integrating Your Fundraising and Finance Systems

Blackbaud

This seamless flow of information is truly incredible, particularly when the data exchange is between finance and fundraising. When you unite your fundraising and finance systems, efficiency is simply the first win of many.

Finance 78
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4 Ways Effective Grant Management Impacts Nonprofit Finances

DH Leonard Consulting & Grant Writing Services

To help ensure each grant drives meaningful change, this guide will explore ways grant management influences your nonprofits finances and how to optimize the process for greater impact. The post 4 Ways Effective Grant Management Impacts Nonprofit Finances appeared first on DH Leonard Consulting & Grant Writing Services.

Finance 52
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Financial Sustainability for Nonprofits: 4 Considerations

Ann Green's Nonprofit

In it, include guidance on gift acceptance, conflicts of interest, expense reimbursement, and staff compensation, among other aspects of nonprofit finance. According to Jitasa , most nonprofits start out using the cash accounting method to track their finances—i.e., Methodology. Chief financial officer (CFO).

Finance 148
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How to Evaluate a New Revenue Stream

Blackbaud

Ask the finance team. Finance teams can help their nonprofit organizations evaluate new revenue streams, enhancing the organizations stability and mitigating risk while intentionally experimenting with varied income sources. Even your IT team suggested selling the research tool they built to other organizations.

Finance 105