Category: Nonprofit

Nonprofit Expense Management Challenges and Solutions: Part 3

Concluding our series on how nonprofits can benefit from automating their expense management process, let’s turn our attention to how the search for a solution begins. The right choice clears the way for community care. Frustration gets replaced with compassion as expense workflows become supportive processes rather than necessary busywork. The question is: Which one…

Nonprofit Expense Management Challenges and Solutions: Part 2

Expense management is a human process that tracks human choices, and is prone to human error. You may have intended to set up a simplified, easily followed expense reporting process early on. But the execution likely veered into complicated, frustrating pastures over time. It’s a scenario that plays out in the for-profit and nonprofit sectors…

Nonprofit Expense Management Challenges and Solutions: Part 1

Nonprofits face a unique set of challenges when it comes to managing expenses and allocating funds. Accuracy is paramount, as is its consistency. Eyes are everywhere and scrutinizing every dollar. Communities are eager to see results. The pressure to spend builds from multiple directions. And for some, budgetary or technology limitations provide additional barriers to…