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Tips for cash management for a nonprofit organization

The Charity CFO

Cash management for a nonprofit organization is possibly the most important consideration for success. In this article, we will build upon that knowledge and delve more specifically into the topic of cash management. What is cash management?

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Best Practices from the CFO Suite

BlueLight

The financial implication of these decision is critical and the CFO is the executive helping the CEO navigate these decisions. Historically, the CFO role was focused on backward looking information: ensuring on-time and accurate financial reporting. The CFO suite doesn’t want to be the “department of No.” It evolves with stage.

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Get Paid in 20 Seconds

CFO Simplified

If I told you there’s a service that your customers can use to send you money with confirmed, usable cash in your account in 20 seconds, would you use it? Would you use a service that would put money in their account in 20 seconds? I’ve talked to business owners, accounting firms and a few financial consultants.

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Advice for Startups from your Financial Partner

BlueLight

These businesses ranged from seed stage companies where the CEO was the finance leader to growth stage companies with an in-house CFO. In these conversations, I observed each finance leader had a different perspective and approach with their financial accounting partner. What are services that startups underutilize and should use more?

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Six Key Factors for Building an Expert Professional Services Company

Bramasol

For example, at Bramasol we made a decision over a decade ago to focus on SAP finance solutions for the office of the CFO, with a specific emphasis on the new revenue recognition compliance requirements in ASC 606 and IFRS 15. For more on alternative approaches, read the next section.)

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