Your staff is on edge. You’re exhausted and stressed. The only thing you can think about is getting through month-end.
If that sounds familiar, read on, because while it’s not unusual for us to come across nonprofit accountants who experience the professional equivalent of going under house arrest during period-end closes; it is completely unnecessary.
Painful closings are a symptom of inadequate accounting systems. Inadequate systems make your life harder, not easier.
Beyond the monthly pain inflicted by inadequate accounting systems, the time chewed up by closing activities delays critical fund information getting into the hands of your organization’s managers. Those delays could contribute to less than optimal use of funds.
What if you could cut the time it takes to do you period-end close in half? What would that mean for staff morale? What would that mean for your sanity?
What we see when we implement the AccuFund Accounting Suite for nonprofits is enormous relief followed by increased efficiency followed by increased innovation.
Accounting teams are relieved and excited to see the impact of AccuFund Accounting Suite. Organizations report that it’s easy to use, cuts down of the time necessary for period-end closing and, perhaps best of all, greatly reduces the number of manual activities the team had done in the past.
The benefits of AccuFund Accounting Suite are also felt beyond the Accounting department. Period-end closing no longer delay getting monthly reports into the hands of management. Many of the organizations we work with take advantage of query licenses, which give non-accounting staff access to their own reports and budgets – directly from the system.
There are many challenges that a nonprofit faces, however, long, painful period-end closings does not have to be among them.