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Insights and tips for association & nonprofit professionals

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The Nonprofit Finance Department of the Future

The nonprofit finance department of the future is mobile, agile, and insightful.  The nonprofit finance department of the future has arrived today. The continued evolution of cloud based software tools has created an unparalleled opportunity for nonprofit organizations to better leverage staff through creating efficiency by reducing reliance on manual processes and spreadsheets. These toolsRead more ›

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Nonfinancial Data – The Train We Don’t See Coming

Nonprofits spend a lot of time and energy reviewing financial data. Accounting departments are staffed, monthly financial statements are generated, Finance Committees meet regularly, annual independent audits of the financial statements are performed, and Audit Committees provide general oversight. In the majority of nonprofits, the accounting function is the most scrutinized area. Given the amountRead more ›

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Managing and insuring your biggest risks

By Jeff Altman, Whiteford, Taylor & Preston, Most people are surprised to learn that one of the biggest risks for claims against associations involve employment practices. These range from the initial hiring decision to the final termination of employment, and include everything in between. These risks need to be identified and managed. Insurance coverage alsoRead more ›

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7 things you should do in your AMS

By Wes Trochlil, Given how advanced and thorough the modern association management software system has become, there are many opportunities for your organization to leverage it. Here are seven ways I believe every association should be using their AMS. 1. Managing the membership sales process – This seems obvious since an AMS is a membershipRead more ›

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