How to get more time in your day.
If you’re in charge of nonprofit accounting, you’ve probably sensed that demands on your time are increasing. You’re not imagining things. The Nonprofit Times reports a 72% increase in demand for an executive’s time. It seems as if everyone knocks at your door asking for a moment of your time. That leaves very little hours in the day for planning, directing, and guiding the future of your organization.
Well, we’ve found the magic key to unlock more hours in the day. The secret is in your nonprofit accounting software.
Ready to set up time-saving dashboards now? Download The Guide to Dashboards for Nonprofits or contact us online to get a personalized demo of our nonprofit dashboard module.
Knowledge Is Power – and More Available Time
Knowledge is power, especially knowledge about your nonprofit accounting software. The more you know about how your software works, the reporting options, and the many ways to customize and utilize your software, the more efficient your office will become.
There are three areas where improving your knowledge of your current accounting system can free up time for you and your accounting staff:
- Dashboards: Learning how to customize your dashboards can be a great time saver. Customized dashboards in AccuFund, for example, set up your system to display data the way you need to access it faster. No more hunting or searching for information through multiple screens.
- Along with customizing your display, data visualizations on the dashboard also provide a fast shortcut to the information that you need to see at a glance. For example, adding a graph to show cash balances, payables versus receivables or an A/R aging report enables you to keep track of that information on your dashboard without running special reports. It’s fast, convenient, and easy to set up. If you’d like a free whitepaper on dashboard setup, download our guide here: The Guide to Dashboards for Nonprofits.
- Self-service: If you are the Controller or CFO of a large nonprofit organization with multiple corporations, divisions, or locations served by a centralized accounting office, enabling the self-service module in your accounting software is a huge time saver. Instead of taking phone calls or answering emails from colleagues seeking reports, pre-approved colleagues can log into the reporting feature and access the reports they need. Most nonprofit accounting software such as AccuFund offers the ability to control not only who has access to the reports but the permission levels so you can maintain control over sensitive financial information.
- Automation: Automation provides another vital time saver for your nonprofit accounting office. Automation features vary among software packages but may include automated reminders for payroll, W2 information, and other needs. Other standard automation features found in many nonprofit accounting software packages include past due invoices, aging receivables, and backups.
Each time-saving tip shaves precious minutes off of your day, and those minutes add up. You’ll have more time for planning, managing, and guiding your organization towards its goals, assisting colleagues with their budgeting and financial questions, and higher-level tasks that your accounting expertise supports.
Now Is the Time to Switch to AccuFund
If you’re looking for better nonprofit accounting software with many of the features discussed in this article, look no further than AccuFund. It offers a comprehensive software package for nonprofit organizations that includes general ledger features, reports, payroll, and more.
Customize your dashboards to your needs and set up the chart of accounts your way. Excel imports can transfer data from your current system into the new system, or you can start fresh. Either way, EMK Inc. is here to support and guide you every step of the way.
Since 1993, EMK Inc. has helped nonprofits and government agencies with their accounting software choices and implementation. We install AccuFund financial software and provide ongoing support to nonprofits, endowments, government agencies, and others seeking software that’s built to work with how nonprofits manage their money. For more information or to speak with someone about AccuFund, call EMK Inc. at 888-443-9399 or contact us.