5 Key Factors - Investing in New Nonprofit Accounting System

How often do you assess the systems that drive your organization? Have governmental regulations changed reporting requirements forcing you to rethink your data and financial management? Does management have the analytics and insights they need to make decisions? How dated is your technology?The right nonprofit accounting software can help improve your organization’s operating efficiencies; streamlining processes and saving time and money. The wrong system can affect your cash flow, reduce your engagement with your donors and disrupt your entire operations. Selecting the right business partner can give you a strategic advantage.

Spotlight

Prospanica fka NSHMBA

Prospanica was first formed in 1988 as the National Society of Hispanic MBAs (NSHMBA), but outgrew its name, adopting its new name Prospanica in 2016. The organization advocates the pursuit of higher education and advancing Hispanic leadership. Prospanica is The Association of Hispanic Professionals with more than 40 Chapters and hundreds of community partners across the United States and Puerto Rico. For more information on Prospanica, visit www.prospanica.org. Though Hispanics with MBAs had been the sole focus, Prospanica now extends its reach beyond the MBA community to undergraduate students. NSHMBA realizes by building Hispanic talent from the ground up, they are empowering Hispanic business professionals to achieve their full educational, economic and social potential.

OTHER WHITEPAPERS
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How to Elevate Employee Engagement and Community Impact Through Workplace Volunteer Programs

whitePaper | February 2, 2022

Employee volunteer programs are a vital part of your corporate social responsibility, employee engagement, and community relations efforts. If done well, your program can play an important role in building nonprofit capacity, engaging employees, serving stakeholders, meeting social impact goals, and ensuring your company’s sustainability – not to mention all the positive impact you will have on the community.

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Jump on Board: High-performing not-for-profit boards in fundraising

whitePaper | February 5, 2020

Melissa is former Global Fundraiser of the Year (IFC, 2011) and Australian Fundraiser of the Year (FIA, 2011). She has facilitated philanthropic giving across education, the arts and health, and worked with hundreds of donors in Australia, Asia and the United States. Melissa has led four fundraising programs from start-up to established, from Powerhouse Museum and Sydney Opera House in the arts, to University of Technology, Sydney and RMIT University, in education.

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6 Technology Trends That Can Maximize Donor Impact

whitePaper | January 31, 2023

If there was ever any doubt that technology would make its way into the charitable realm, the pandemic’s reliance on virtual tools made clear how all-encompassing such trends would become.

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Mastering Workflow in Nonprofit Management.

whitePaper | December 17, 2021

The ability to create specific approval processes, automate sequential steps, and enable remote employees to complete a variety of tasks, without physically moving paper from location A to location B can be incredibly efficient.

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Disaster Preparedness Manual for Nonprofit Organizations

whitePaper | October 2, 2021

Disaster planning isn’t fun or exciting and it doesn’t directly help the people we aim to serve. However, it is essential for nonprofit organizations who want to remain resilient in the face of the unforeseen. Nonprofits provide a wide variety of services ranging from travel and leisure to educational and informational to health and direct services that may be crucial to their clients’ survival. Nonprofits provide essential services, and need to be prepared for the emergencies that may impact their operations or their ability to serve and fulfill their missions.

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Starting a 501(c)(3) Organization

whitePaper | November 4, 2021

The primary purpose of this publication is to present an accessible guide on the many topics pertaining to the process of starting a 501 (c)(3) organization with the sound construction needed to be successful and sustainable. The materials presented are based upon nonprofit best practices, and though there will be a brief mention of other types of tax exempt organizations for educational purposes, the focus of this guide is on the 501 (c)(3) organization. It is the Oklahoma Center for Nonprofits’ mission to educate nonprofit leaders and staff on best practices so that they can grow, develop, and accomplish their stated missions.

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Spotlight

Prospanica fka NSHMBA

Prospanica was first formed in 1988 as the National Society of Hispanic MBAs (NSHMBA), but outgrew its name, adopting its new name Prospanica in 2016. The organization advocates the pursuit of higher education and advancing Hispanic leadership. Prospanica is The Association of Hispanic Professionals with more than 40 Chapters and hundreds of community partners across the United States and Puerto Rico. For more information on Prospanica, visit www.prospanica.org. Though Hispanics with MBAs had been the sole focus, Prospanica now extends its reach beyond the MBA community to undergraduate students. NSHMBA realizes by building Hispanic talent from the ground up, they are empowering Hispanic business professionals to achieve their full educational, economic and social potential.

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