Nonprofits had to rethink and revise their 2020 programming because of the COVID-19 pandemic. As we head into 2021, one key challenge is going to be figuring out how to use insights from this challenging year to guide nonprofit programming through the uncertainties of the year ahead. To put it mildly, that’s not going to be an easy task.
To help, here are three goals to help you meet your programming targets in 2021.
1. Make sure you have the right tools
To gain deep insights into your programming successes and challenges—without a lot of wasted time and expense—you’re going to need modern accounting software like Sage Intacct.
The new year is the perfect time to shift to a cloud-based accounting solution that can help you flag important trends, goals, anomalies, outliers, and other insights from past months, quarters, and years. With customizable dashboards and real-time reporting, Sage Intacct is an especially powerful tool to help you identify and hit your 2021 programming targets.
2. Visualize more, guess less
Once you have advanced accounting software in place, you will gain deeper visibility into real-time financial and operational metrics to help you reach your programming targets. For example, with Sage Intacct, you can easily visualize and track every meal served over a given time period, and then compare those figures by program across the organization. Then you can use those comparisons to make more informed decisions for the next quarter.
This webinar provides a helpful overview of Sage Intacct’s financial visualization and grant reporting capabilities, with examples from nonprofit executives and board members.
3. Integrate and collaborate
With a cloud-based ERP solution like Sage Intacct, every member of your team can securely access real-time data from home, the office, or wherever they may be working. With the uncertainties and pace of change expected in 2021, that level of anytime, anywhere access is essential. It also leads to better collaboration, as managers from different departments can collaborate securely online.
Sage Intacct also helps connect different departments, like the development team and the finance team, through seamless integrations with popular tools like MemberClicks and Bill.com. Teams that work off the same accurate data can stay in sync and save time that is better spent on achieving goals.
Get the support you need
Insero & Co. is a public accounting firm with decades of experience working with nonprofits of all sizes, including Boys & Girls Clubs, Charter Schools, and YMCAs. Our experts are available to provide consulting and other remote services to help you sustain your mission through 2021 and beyond.