The Essential Guide to Mastering Predictive KPIs
Our latest e-guide, “The Essential Guide to Mastering Predictive KPIs,” provides you with everything you need to evolve your performance measurement strategy. This guide will help you integrate risk perspectives into KPIs, making them more predictive, actionable, and aligned with your strategic goals.
Download our e-guide to understand how risk-adjusted KPIs empower leadership teams to make more informed decisions by balancing growth opportunities with risk factors. Ensure your business is equipped to manage emerging risks while driving performance and growth.
How to Choose the Best Courier Software Provider for Your Business
In the fast-paced world of last-mile delivery, having the right courier software can make all the difference. It's the backbone of your operations, streamlining everything from route optimization an dispatching to real-time tracking and customer communication.
But with so many options on the market, how do you choose the best provider for your specific needs?
Seven Financial Stewardship Principles for Churches
In church leadership, stewardship is a key value, particularly regarding tithing and generosity. However, stewardship also extends to how churches manage their resources, such as finances, people, time, and facilities. To achieve their mission, churches must use these resources wisely and faithfully. By following essential financial stewardship principles, church leaders can foster sustainable growth and fulfill their God-given purpose.
This guide presents seven foundational principles to help churches manage their resources effectively while aligning their financial practices with their spiritual mission.
The Nonprofit Guide to Collaborative Budgeting
Nonprofits face a challenging landscape characterized by financial constraints and evolving stakeholder expectations. To navigate these challenges effectively, adopting innovative financial strategies like collaborative budgeting is essential. This approach not only aligns with an organization’s mission but also enhances adaptability in a dynamic environment.
Streamlining the Budget Process for Enhanced Organizational Efficiency
Efficient and effective budget management is crucial for the sustainability and growth of any organization. Streamlining the budget process not only reduces the time and resources spent on budgetary activities, but also enhances the decision-making capabilities, ensuring that financial resources are allocated optimally. Our Martus experts have outlined a three-step approach to refine and improve the budgeting process within any organization, ensuring they are aligned with their strategic goals and operational needs.
Nonprofit Revenue Recognition Simplified
Revenue recognition updates are pivotal in nonprofit accounting, notably with ASU 2018-08 and ASC 606. Nonprofit finance teams must grasp these changes to make accurate judgments on revenue streams. Government grants, for instance, may be deemed exchange transactions or contributions. Compliance is essential, especially with material deferred revenue at year-end. ASC Topic 606 aligns US GAAP with international standards for global consistency. ASU 2018-08 refines guidance on revenue from contributions. Sage Intacct serves as a compliance partner, streamlining processes for nonprofits.
Key Takeaways:
- Thorough Understanding: Nonprofit finance teams must comprehend and apply updated standards judiciously.
- Diverse Revenue Treatment: Differentiating between exchange transactions and contributions, especially with government grants, is crucial.
- Global Alignment: ASC Topic 606 aims to align US GAAP with international standards for consistent treatment globally.
The Nonprofit Accounting Software Buyer’s Guide
Ask yourself: Is your accounting and financial management software helping your nonprofit achieve your mission or is it holding you back?
Legacy accounting systems make it difficult to get fast and reliable financial information. If this rings a bell, it might be time for your nonprofit to make the switch to a modern accounting solution.
Before making the leap, it's crucial to understand the implications of all options: on-premises, hosted, and cloud computing. So, how can you tell which accounting alternative is best for your nonprofit?
Whichever solution you choose, you should expect faster financial closes, easier regulatory compliance, less manual work, real-time visibility and reporting, and an outstanding service level agreement.
To help you along your buying journey, download the Nonprofit Accounting Software Buyer’s Guide below. We'll explore why legacy systems make it difficult to get good financial information, what to expect from a modern cloud-based solution, and how to make sure you choose the right solution for your nonprofit organization.
In this guide, you’ll discover:
- Why most financial management software systems hinder your ability to get good financial information
- The six key questions you need to ask before considering a move to a cloud-based financial solution
- Why the process for evaluating software is different for cloud solutions
Gamification for Cyber Security Awareness Training Success
Corporate cybersecurity awareness training is in dire need of revitalization due to employees being overwhelmed with tasks and showing minimal interest in traditional training sessions. Gamification transforms this training into an engaging and relatable experience. By integrating gamified elements with scientifically grounded training methodologies, companies can significantly enhance the effectiveness of their cybersecurity programs.
The inherent human tendency to trust makes individuals vulnerable to cyber threats, with phishing attacks alone costing companies an average of $1.1 million. However, when companies adopt people-centric training, they turn their biggest risk factor into their strongest asset against cyber threats. Gamified training not only makes the learning process more interactive but also emphasizes the real risks of cybersecurity, thereby fostering a proactive and informed organizational culture.
Guide to HIPAA Compliant Fax Solutions for Healthcare IT Leaders
As healthcare organizations face increased pressure to meet HIPAA regulations, traditional fax machines no longer meet modern security standards for transmitting sensitive patient data. This whitepaper discusses the importance of implementing a secure, HIPAA-compliant fax solution to protect the confidentiality, integrity, and availability of protected health information (PHI). It covers the role of secure faxing in compliance, best practices, and the risks of non-compliance.
Key topics include:
- The role of secure faxing in HIPAA compliance.
- Best practices for compliant faxing.
- Notifyre’s cloud fax and API services.
- Consequences of non-compliance.
- Case study on successful compliance with Notifyre.
Simplify School Administration: A Guide to TUIO’s Benefits
TUIO is designed to help schools and childcare centers reduce administrative costs and improve cash flows. By automating routine tasks, TUIO frees up over 40 hours a month, allowing you to focus on what matters most—providing quality education and nurturing future leaders.
Simplify School Administration: A Guide to TUIO’s Benefits
TUIO is designed to help schools and childcare centers reduce administrative costs and improve cash flows. By automating routine tasks, TUIO frees up over 40 hours a month, allowing you to focus on what matters most—providing quality education and nurturing future leaders.
Automating Your Payment Strategy from Engagement-to-Cash
How to Effortlessly Eliminate Manual Work and Accelerate Accounts Receivable
Is your firm spending 20+ hours a week on administrative tasks like client communication, engagement letters, invoicing, and payment collection? While these tasks are critical to firm operations, doing it all manually will drain your firm’s resources and morale over time (and make it harder to retain top talent.)
In this how-to guide, “Automating Your Payment Strategy from Engagement-to-Cash,” we show how your firm can reach maximum financial and operational efficiency by automating key touchpoints in the “engagement-to-cash” workflow.
When you download this guide, you’ll discover:
- Strategies for enhancing your firm’s efficiency in engagement letters, invoices, payment collection and reconciliation, and more
- Examples of how other top accounting firms have modernized their payment processes and reduced Days Sales Outstanding (DSO)
- Techniques for elevating the client experience (and adding more value to every touchpoint!)
- Tips for accelerating your Accounts Receivable (A/R) process and collecting faster on payments
The problem will never change if your manual processes stay the same. Take the first steps toward seamless automation by downloading this guide today!
Be the Financial Hero for SMB Clients (Without Being their Bank)
How to Maximize Revenue and Attract Clients with an Advisory Approach
Small and medium-sized businesses (SMBs) face a range of cash flow hurdles, from advancing technologies to tighter lending standards. SMBs also struggle to find the right financial guidance and support – and this is your chance to step in and make an impact!
In this how-to guide, "Be the Financial Hero for SMB Clients (Without Being their Bank)," you’ll uncover practical strategies and valuable insights to become the go-to advisor for your clients. You’ll also learn how to help them navigate financial obstacles, without straining your own firm's resources.
Download this guide for expert tips on:
- Owning your role as a trusted advisor and anticipating clients’ financial challenges
- Leveraging new technology and tools to improve your SMB client relationships
- Exploring value-based pricing strategies and other ways to become their “favorite accountant”
- Increasing SMB clients’ access to your services with flexible payment options
- Freeing up time to provide more innovative growth strategies for SMBs
It’s time to start attracting more SMB clients, strengthening your existing client relationships, and driving more innovation in your firm. Download the guide today!
OSHA Do/Don’t Guide
At some point in your EHS career, you’ll likely experience a visit from an OSHA inspector. While these inspections are intended to ensure employers are protecting the health and safety of their workers, they can be intimidating. There are several things you want to make sure you do when an OSHA inspector enters your workplace and things that you definitely should NOT do. To help employers and EHS professionals prepare, VelocityEHS has compiled a list of simple “do’s & don’ts” from our seasoned safety pros that you and your team should follow if an inspector comes knocking.
3 Key Types of Risk Assessments Guide
This guide from the experts at VelocityEHS breaks down three essential hazard and risk assessment methods: Hazard ID & Observation, Task Hazard Analysis (THA), and Job Safety Analysis (JSA). It offers a side-by-side comparison of each, along with best practices that you can integrate into your existing processes to help enhance their accuracy, consistency, communication, and value to your organization.
