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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. Any type of job succession plan involves proper segregation of duties through cross-training and redundancies.

Finance 105
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4 Ways Effective Grant Management Impacts Nonprofit Finances

DH Leonard Consulting & Grant Writing Services

Its why we partner with MyFedTrainer.com to deliver grant writing supports and training on both the pre-award and post-award side of things. 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.

Finance 52
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Grant-Seeking Tips for Grant Researchers: Down the Rabbit Hole

GrantNews

While nonprofits do not focus on profit, financing operations is still essential for a nonprofit to accomplish its goals. However, you will increase your chances of securing financing for your cause by building a grant cycle. Securing funding is vital for critical programs to flourish. What Type of Grant-Seeker Are You?

Grants 109
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Grants to Support and Elevate Minority Business Owners

GrantNews

Activities supported by this funding include improving overall financial health, increasing fundamental business finance knowledge and application, and strengthening the workforce. Participants receive training, mentorship, credentials, and a salary.

Grants 120
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Why Accurate Payroll and Time Allocation Is Crucial for Your Nonprofit Grant Reporting

Blackbaud

As a nonprofit finance professional, you want all your data to be accurate. Train Your Staff Training staff on the proper procedures for time tracking and payroll allocation is crucial. Regular training sessions can also help address any questions or concerns, ensuring a smooth and efficient allocation process.

Grants 102
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Questions to Ask If You Are Thinking About Moving to a New GMS

Blackbaud

What vendor support and training opportunities are available? Evaluate the level of support and training the vendor provides. Ensure the vendor plans for continual product enhancements and major functionality upgrades that align with your long-term needs. If you can’t find a publicly facing roadmap, that should be cause for concern.

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The Role of AI in Fund Accounting: How Blackbaud is Driving Innovation and Efficiency

Blackbaud

A Director of Finance at a nonprofit shared this sentiment with us during our research on the value of AI in fund accounting. It can create real value—when you’ve taken precautions on how the tool is trained. What Do Nonprofit Finance Professionals Want from AI? The future of nonprofit accounting is analysis. Not bookkeeping.

AI 105