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Nonprofit Leadership: Using Data for Better Decision-Making

The Charity CFO

A better way to make decisions is using data. Leveraging data for strategic decision-making has many benefits–from improving your efficiency to increasing the success rate of campaigns or strategies. Types of Data for Nonprofits The types of data a nonprofit might use for decision-making can vary between organizations.

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The Changing Role of CFOs in a Technology-Driven World

Bramasol

They are expected to provide financial leadership and insight into the organization's strategic direction. This involves not just managing financial data but also interpreting it to guide decision-making. Globalization CFOs have long needed to assure compliance with two different standards-setting bodies.

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When consolidating multiple P&Ls breaks your spreadsheets

Centage

These may include having multiple business units or entities, operating in different locations or jurisdictions, offering a broad range of products or services, organizing operations into cost centers, or adhering to legal and regulatory compliance. This is a common problem among controllers and CFOs.

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The Ideal Nonprofit Accounting Tech Stack

The Charity CFO

Your nonprofit accounting setup needs to be able to meet tax and legal regulation and reporting requirements so you stay in compliance and retain the public’s trust. QuickBooks provides an easy-to-use bookkeeping solution that puts all of your financial data in one place. Fathom eliminates these limitations.

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3 Ways to Use Power BI To Make the Most Of Nonprofit Data

Collectiv

Solid processes around nonprofit data give you critical information to highlight unique aspects of your organization, boost morale, increase credibility, enhance transparency, and build community awareness to support your mission. Let’s look at three ways to leverage Power BI for nonprofits so you can use your data effectively.

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ExecOpinion: Finance transformation: Strategies in 2023

Future CFO

Gartner says finance transformation encompasses strategic initiatives designed to revolutionise the way the corporate finance function manages its strategy, processes, internal controls, and financial reporting. Firms should make compliance easier for employees by simplifying processes through improved policies and automated solutions.

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What is a Virtual CFO? A Guide for Businesses

Michigan CFO

Understanding the Role of a CFO A CFO is a high-level executive responsible for overseeing the financial activities of an organization. Their primary duties include financial planning, analysis, risk management, financial reporting, and leadership of the finance & accounting team. What Do Virtual CFOs Do?

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