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Building a Strong Finance Department Infrastructure: Is Your Nonprofit Ready For the New Reality?
The New Reality: Remote and Hybrid Work Finance departments are facing many challenges in this new reality The New Year brings a New Reality to nonprofit organizations. Working arrangements for staff, physical workspace and daily operations have changed. The changes present the following challenges:
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5 Missed Steps in the Nonprofit Procurement Process: See How We Assisted One of Our Clients
A nonprofit client downsized their procurement department. This resulted in changes to workflow, staff roles and responsibilities. I was retained to review and evaluate their procurement processes to ensure that there were proper internal controls, efficient workflow and best practices in place. I began my assignment by meeting with the procurement team. I reviewed and…
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Are Your Nonprofit’s Financial Statements Timely? See How We Helped Our Clients
Here is one example of how Roberta Katz Consulting can assist your nonprofit organization. When I was working in senior financial management positions at several nonprofit organizations, one of our major challenges was generating accurate monthly financial statements in a timely manner. To meet these challenges, I successfully implemented a formal process and a tracking…
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Be Proactive Not Reactive: Preparing Your Nonprofit for Post Covid-19
Is your nonprofit’s finance department prepared to face the challenges of a post-Covid-19 world? Here are some of those challenges: Do not wait until a problem arises…It may be too late! Some questions your finance department should consider and actions they should undertake: Did your operating processes change due to a downsized workforce? Review…