Revenue Management with Fund Accounting
If managing fee-for-service programs is part of your daily world, fund accounting software is critical to your success. But, how do you know if it will benefit your organization?
Consider these questions:
- Do we need to track by program and recipient to ensure timely and accurate billing?
- Can we respond quickly to billing inquiries?
- Is our financial software able to create segments to allocate grants across multiple programs and fiscal years?
- Are we able to customize reports to reflect what each of our stakeholders needs?
These are just a few of the requirements to run fee-for-service programs and receive grants. Want to see how your software stacks up? Read our short paper, “Managing the Challenges of Nonprofit Programs and Services.”