Solutions for not-for-profits
What you do as a not-for-profit is amazing. When you add the ability to harness data and accurately plan and forecast, imagine how that impact could multiply.
How can you make every dollar and volunteer hour count towards your mission?
With dwindling revenues from government grants and donations, not-for-profit organisations must be able to create budgets and plans that are accurate and readily adaptable to changing conditions. Delivering the same service with less is no easy feat.
When you need to evaluate further service offerings or restructure your operations to keep costs down, rely on the right technology to undertake what-if scenarios to get confidence in the financial impact of every option.
Having clarity on projected future cashflows and key operational metrics in the short and long term will ensure your organisation will continue to serve the community well and remain financially viable.
Watch an example of how you can conduct scenario planning for not-for-profits.
With tight budgets, not-for-profit organisations often maximise the life of entrenched technology platforms.
Resultingly, additional satellite/un-integrated systems are often added to accommodate the expanding needs and services of the organisation, which simply increases the pool of disconnected and siloed systems.
Imagine if you had a piece of technology that could easily adapt with your organisation’s evolving systems and capture and manage key data sets in a systemised, managed and auditable way.
This will remove manual data entry, reduce administrative overhead, improve service delivery and provide better reporting outcomes.
Maximising mission impact: Transforming financial planning at Save the Children
Beyond the finance blues
Beyond Blue’s main goal was to look for something that would get them off spreadsheets. They also wanted security, the ability to collaborate more easily, and to have the data in one place. Now with a new solution, they have:
- Actuals and plans in one place, with smooth integration to their ERP, reducing manual exports and imports
- Quicker decision making across the organisation, enabled by linked actuals and plans
- The ability to quickly drill-down, and the ease of making changes to see outcomes – all with a user-friendly tool
Some of our not-for-profit clients
At QMetrix our solutions empower you to operate with the agility needed in today’s environment. We work together to deliver the right outcome for your unique not-for-profit.
More time and resources for the things that matter
Cohealth was using a legacy accounting system which was full of data and very slow. It was hard to get any value add – or anything – out of it. Their solution now gives them:
- Seamless integration with Microsoft Business Central
- Fit-for-purpose reports for different groups, from banks to funders and internal stakeholders – with visual capabilities
- Self-serve functionality: Authorised users can access reports and drill down for more information without querying the finance team
Case studies and insights for not-for-profits
Beyond Blue case study: Beyond the finance blues
Learn how Beyond Blue achieved a simplified and streamlined budgeting, forecasting and reporting process, and quicker decision making across the organisation with Workday Adaptive Planning.
3 Ways the CFO of a not-for-profit can drive better financial management
The most successful NFPs are those that can leverage robust financial management to maximise impact. [eBook] Here are 3 key things that CFOs of NFPs need to consider.
RACGP case study: Improving the health and wellbeing of the budgeting and planning process
Not-for-profit organisation, RACGP, made the shift from a legacy budgeting tool to a cloud-based budgeting and planning solution to achieve their goals. Learn how in this case study.
Effective Not-for-Profit Strategy: Financial Management & Planning
What does financial management and strategic planning look like for not-for-profits? From deep experience working with not-for-profits we share the challenges they face and how these can be tackled.
SACA case study: Batting for rolling forecast success
SACA wanted to move from an error prone annual budget to a rolling forecast. Learn how they achieved their goals with the budgeting and planning solution, Adaptive Insights.
RACS case study: Operating with real-time insight and precision
Outdated applications, lack of support, a static budget and error-prone spreadsheets were a part of the Royal Australasian College of Surgeons’ budgeting and planning process. Learn how they changed this with Adaptive Insights.