Sparkrock Blog

How to Map Out Your Nonprofit Software Selection Journey

by   Cait Abernethy on 01.11.17

Researching and selecting a new software solution for your organization is no small feat.

Statistics show that accounting software is only replaced every seven to ten years – it’s not something that a Finance Director does frequently. Likely, a lot has changed since the last time your organization considered new solutions – new regulations, additional sources of funding, dramatic changes in technology and software delivery, and an explosion of new choices.

To help you through the process, we’ve identified five phases of Nonprofit software selection process or journey to help Finance Directors as they prepare and research.

Topics: Finance , Technology

Mismanaging Financial Information Could Put Your Non-Profit at Risk

by   Kevin Dayno on 12.07.16

Based on the webinar by the Nonprofit Quarterly, “Creating High Functioning Nonprofits: Who Should Have What Financial Information?”

 You may have heard the saying “A plan without numbers is just a bunch of good ideas.” Although this may not be true in all cases, it is very true when it comes to strategic and financial planning. The importance of managing financial information cannot be overstated because if it’s not done properly it could lead to serious problems for your organization. This makes it essential that department managers and the executive leadership team are all on the same page when it comes to aligning your strategic and financial planning.

Topics: Finance

Feature Release: Be Proactive with Sparkrock's Payroll Journal Validation Functionality

by   Davis Campbell on 11.30.16

As part of our commitment to constantly improve our processes, the product team has added a new time-saving functionality to our ERP solution called Payroll Journal Validation. To further explain the details and increased efficiencies that come with this new feature, we spoke with Senior Application Consultant, Victor Bacho, to get the full scoop on this new Sparkrock functionality.

Topics: Finance

Trump’s White House Victory Could Spell Money Woes for Nonprofit Charities

by   Cait Abernethy on 11.15.16

Donald Trump’s victory in the race for the White House, along with the Republican wins in the House and Senate, could lead to serious financial troubles for many nonprofits, experts say. They warn of steep cuts in federal support for nonprofits and a decrease in charitable giving that could persist if his policy proposals are adopted.

Topics: Finance

Worried about ACA Reporting? Here are 5 things you can do about it

by   Andrew Cheung on 10.27.16

When you think of the United States' Affordable Care Act (ACA), many things come to mind. Some see opportunity, while others see limitations. Some see benefits, while others see increased costs. Regardless of the opinion, the ACA has transformed the regulatory environment for many human service organizations, which means these organizations will need to equip themselves with the right tools to comply with these new policies.

Topics: Finance

Need Help Finding Volunteers? Use Data!

by   Davis Campbell on 10.08.16

 
 

It can be tough finding volunteers who fit your organization. Whether you are a healthcare, social services, sports & recreation, or religious nonprofit, there are specific common characteristics that make people interested in volunteering at any organization. What are they? Using a Statistics Canada report, we’ve listed the top determining factors below:

Topics: Finance

Need new technology? Here's how to build the business case.

by   Nicola Dickinson on 10.07.16

 
For many Human Services organizations, the ROI of technology is indisputable. Yet some organizations have been stung by very memorable IT project failures, and these failures stick in the minds of the people who write the checks. As a result, the level of trust in software can be low, and this lack of trust (combined with growing economic pressures and scrutiny from boards) has caused business leaders to become highly skeptical when it comes to spending big bucks on IT projects (“the last time we gave you money, you blew it!”).

Topics: Finance , Technology

Buyer Beware: 5 Ways Your Scheduling Tool May Actually Be Making You Do More Work

by   Andrew Cheung on 09.27.16

As you may know, the world of employee scheduling is currently going through a digital revolution, which has brought with it a plethora of scheduling software solutions. While there are many stand-alone scheduling software solutions that claim to make scheduling easier, they may actually increase your workload instead of reduce it since these solutions are not connected to a comprehensive, integrated solution. 

Topics: Finance

The Financial Impacts of the New Federal Overtime Laws and How Nonprofits Can Adjust Accordingly

by   Cait Abernethy on 09.21.16

If you work for a Nonprofit in the United States, you have likely heard that new federal overtime laws/rules are coming into effect December 2016. They affect how you categorize the professionals in your sector - “Exempt” or “Non-Exempt” - and how they’re paid, whether through set salaries or through hourly wages that include overtime for hours worked over 40. If reading that sentence makes you want to hyperventilate into a paper bag for a few minutes, you’re not alone.

Topics: Finance

Challenges and Solutions to Controlling your Purchasing Budget

by   Stefanie Gause on 09.02.16

Topics: Finance

NAV Tips and Tricks

by   Chris Carre on 09.01.16


Dynamics NAV is full of little user tools that can help speed up your daily activities. Because there aren’t flashing red lights around all of the benefits, we wanted to highlight some of the key tricks within the solution:

Topics: Finance