In today’s unpredictable economic landscape, managing accounts receivable presents notable challenges. To maintain your organization’s financial well-being, it’s essential to periodically reassess your billing and collections procedures, striving for efficiency
Timely financial data is key to making informed business decisions. Unfortunately, it is common for managers to struggle with their companies’ accounting systems to get the information they need when
The demand for qualified accounting and finance personnel has grown as business owners struggle to manage unpredictable cash flows, increased costs, and new government policies and financial aid packages. Plus,
Many companies struggle to close the books at the end of the month. The month-end close requires accounting personnel to compile data from across the organization. Under normal conditions, this
Imagine this scenario: A company’s controller is hospitalized for COVID-19, and she is the only person inside the company who knows how its accounting and payroll software works. She also
To err is human, but some errors are more consequential and harder to fix than others. Most non-profit organizations cannot afford to lose precious financial resources, so you need to
Communication breakdowns between a non-profit’s development and accounting departments can lead to confusion, embarrassment, and even financial problems. Here are three ways your organization can facilitate cooperation between these two
How efficient is your non-profit? Even tightly run organizations can use some improvement — particularly in the accounting area. Adopting the following six tips can help improve timeliness and accuracy.
