How Nonprofits Can Save Their Government Funding

In resolution of recent budget debates, the House of Representatives has approved trillion dollar budget cuts to government programs and charities. In the latest budget debate concerning prevention of the rise in interest rates on student loans, additional budget cuts to government programs and charities were proposed as a...

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Improving Social Capital and Stakeholder Support in Nonprofit Organizations with Formal Performance Management and Control Systems

A commonly used form of social capital is bonding. Bonding is the development of close interpersonal relationships between the organization and stakeholder in order to gain the stakeholder’s support. The acquisition of these close interpersonal relationships is greatly influenced by the stakeholder’s perception of the organization’s values and competence....

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The Value of Integrated Reporting and Why CFOs Should Care

In the article “4 Reasons CFOs Should Care about Integrated Reporting”, Bob Laux, Senior Director of Financial Accounting and Reporting at Microsoft, discusses key reasons why integrated reporting is so important for organizations.  Below is a summary of the four key points. Communicating vs. Complying Organizations often look at...

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Serenic BudgetVision Enables Real-Time Budget Management

Serenic BudgetVision is fully integrated with Serenic Navigator, financial management software designed specifically to meet the needs of nonprofit organizations. The Serenic  financial management system supports and enhances the unique workflow processes of nonprofit and public sector organizations. Nonprofits get the specific functionality they need to increase operational efficiency,...

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ERP professionals providing insight and advice for not for profit organizations.