PYMNTS

JULY 15, 2020

. “Having experienced continued growth and commitment to its credit union and bank clients during this pandemic, CheckAlt is delighted to work with Tru Treasury to provide our suite of turnkey treasury payment solutions that accelerate payments and simplify reconciliation for credit union members,” he said, according to the release.

Reconciliations 52

Reconciliations Treasury Nonprofit Banking 52

The Charity CFO

JANUARY 5, 2023

Many nonprofit organizations tend to let their financial management slip on the backburner as they get busy fulfilling their mission. Without a good grasp of your finances, your nonprofit risks: Exposure to fraud. Well, the answer lies in understanding and implementing these 7 essentials of nonprofit financial management.

Nonprofit 52

Nonprofit GAAP Budgeting Auditing 52

PYMNTS

APRIL 12, 2016

Nonprofits can face greater pressure than their for-profit peers when it comes to compliance. Making sure the books add up properly is key to keeping their legal nonprofit status, and that means cash management is paramount. Nonprofits are well-positioned to benefit from virtual credit cards,” the report concluded.

Nonprofit 40

Nonprofit Accounts Payable Reconciliations Cash Management 40

The Charity CFO

APRIL 25, 2024

For nonprofit organizations, accounting comes with a lot of complexity. In this case study, we’ll explore real stories of nonprofits who have transformed their organizations by using technology to streamline their financial infrastructure. What is the actual goal in a nonprofit accounting setup? Let’s meet these organizations.

Nonprofit 52

Nonprofit Accounting CFO Auditing 52

The Charity CFO

MARCH 2, 2022

“I don’t know if my nonprofit’s accounting systems are bad… and I probably won’t know for sure until something bad happens.”. 99% of nonprofit founders we work with don’t have a background in finance. This week on A Modern Nonprofit Podcast we discuss common red flags you can check today to verify your organization’s financial health.

Nonprofit 88

Nonprofit Auditing Reconciliations Accounting 88

PYMNTS

NOVEMBER 16, 2020

Kavakama added that CIP, a nonprofit association that’s part of the Brazilian Payments System, was also looking at how to use PIX to pay via the payment gateway known as Boleto. Keys can be the user's social security number, mobile phone number, or email address, providing a level of security and identification above the SITRAF rails.

Nonprofit 131

Nonprofit Reconciliations Banking Securities 131

The Charity CFO

OCTOBER 9, 2024

Modern nonprofit leaders are always looking for ways to use technology to make everyday tasks easier. For nonprofits, GAAP ensures transparency, accuracy, and consistency in financial statements. Create a monthly reconciliation process between both databases. So why does it seem so hard to find this unicorn platform?

Accounting 52

Accounting GAAP Nonprofit Accounting Principles 52

The Charity CFO

JULY 19, 2024

Common nonprofit bookkeeping tasks include: Recording donations Entering accounts payable and receivable Organizing and reviewing bank statements Maintaining the general ledger These everyday financial duties help bookkeepers provide a clear and up-to-date picture of the nonprofit’s financial status.

CFO 52

CFO Accounting Nonprofit General Ledger 52

PYMNTS

MARCH 6, 2020

South Carolina’s Mailprotector offers customers email security and encryption technology designed for businesses, governments and nonprofits. In the meantime, PYMNTS gathered up a shortlist of the B2B FinTechs that were able to secure new funding as backers prepare for their next wave of support. Mailprotector.

B2B 80

B2B Startups Nonprofit Reconciliations 80

PYMNTS

FEBRUARY 25, 2019

For nonprofit Team Rubicon , finding the right workforce spend solution that could help its disaster relief teams operate smoothly was a must. Disaster relief teams need to mobilize quickly to respond to the aftermath of a hurricane or other emergency. To read the full story, download the Tracker.

Nonprofit 49

Nonprofit Reconciliations Finance Investments 49

CFO Strategic Partners

JANUARY 18, 2023

We take a collaborative approach to our work and provide clients with not just one CFO, but allow them to tap into the knowledge and expertise of our entire team of seasoned financial leaders.

CFO 52

CFO Auditing Nonprofit Reconciliations 52

PYMNTS

MAY 13, 2020

Citi and Flywire are putting their decade-old partnership to a new use in an initiative with The Boston Foundation , a community foundation connecting nonprofits to funding. Accelerating PPE Procurement.

Healthcare 81

Healthcare B2B Foreign Exchange Nonprofit 81

PYMNTS

DECEMBER 8, 2017

You may not give it much thought, but the nonprofit has its own challenges once a check, pledge or credit card comes through to help the needy. Whereas a restaurant or retailer may be focused on accepting payments at a terminal, for instance, a nonprofit must accept funds across several methods and multiple software providers.

Nonprofit 40

Nonprofit Reconciliations Securities Technology 40

PYMNTS

APRIL 23, 2019

Too often, however, the reconciliation becomes an afterthought in the spend management process, and can be even more difficult for a company’s accounting department to address if paper receipts get lost. Those headaches could become a thing of the past, as new solutions integrate spend management solutions directly into company operations.

Reconciliations 40

Reconciliations Nonprofit Education Accounting 40

PYMNTS

APRIL 26, 2019

A vast portion of Arizona’s charter schools regularly falsified or failed to provide spending data from 2016 to 2017, according to nonprofit organization Arizonans for Charter School Accountability, with approximately 42 percent underreporting administrative expenditures.

Reconciliations 46

Reconciliations Education Nonprofit Auditing 46

PYMNTS

JUNE 24, 2016

In the associations space – which includes nonprofits, mission-driven associations and government entities – payments can be a unique challenge. Though these payments are increasingly being made online, there are also many associations and nonprofits that facilitate these types of payments in-person as well.

Nonprofit 40

Nonprofit Reconciliations Education Technology 40

PYMNTS

MARCH 24, 2016

Through the deal with this nonprofit organization, Flywire will be able to enable an easier way to pay bills in the U.S. Serving international patients at 60 U.S. Flywire announced yesterday (March 23) a new sponsorship agreement with the U.S. Cooperative for International Patient Programs (USCIPP).

Reconciliations 40

Reconciliations Education Nonprofit Currencies 40

PYMNTS

DECEMBER 5, 2019

Smaller companies in particular struggle with cash flow management when their payments strategies are inefficient and opaque, added Ingvoldstad, and that extends beyond the private sector into areas like non-government organizations (NGOs) and nonprofits.

Accounts Payable 52

Accounts Payable B2B Problem Solving Nonprofit 52

Centage

MAY 3, 2023

Urban Ventures is a nonprofit social services organization that provides ‘cradle-to-career’ support for youth and families in one of Minneapolis’ most under-resourced neighborhoods.

Budgeting 52

Budgeting Forecasting Nonprofit Reconciliations 52

CFO Plans

SEPTEMBER 24, 2024

Automated accounting services reduce the time and effort required to manage financial tasks, such as invoicing, expense tracking, and reconciliation. Picture a nonprofit organization using automated services to streamline donor management and reporting.

CFO 52

CFO Startups Tax Planning Accounting 52

CFO Leadership

JUNE 14, 2021

The accounting team at Whole Family Health Center, a nonprofit healthcare provider, was constantly scrambling to keep up as the organization grew steadily since its founding in 2013. Automating a single revenue stream across the customer lifecycle can save hundreds of hours each month on calculations and reconciliations.

Leadership 52

Leadership CFO Nonprofit Budgeting 52

PYMNTS

JUNE 14, 2018

Erik Dyson, co-founder of natural disaster response nonprofit All Hands and Hearts– Smart Response , and Lori Sylvia, its finance manager, recently spoke with PYMNTS about relief workers’ payment pain points, how card-based solutions have helped to safely disburse funds and the ways the offering has relieved both budget planning and financial woes.

Profit and Loss 40

Profit and Loss Budgeting Nonprofit Reconciliations 40

CFO News Room

NOVEMBER 30, 2022

This planning opportunity was essentially created by accident when the Tax Increase Prevention and Reconciliation Act (TIPRA) of 2005 eliminated income restrictions on Roth conversions, effectively allowing individuals to indirectly contribute to a Roth when their income is too high to do so directly.

Tax Planning 130

Tax Planning Compliance Planning Communication 130

Global Finance

MAY 6, 2025

In the commercial bank, AUB has generated solid growth serving the microfinance industry by offering virtual account management (VAM) that provides clients with operational transparency and efficiency in cash-flow management, transaction reconciliation, and fund segregation.

Banking 52

Banking Cash Management Finance Leverage 52