“We never have as much money as we would like to accomplish our mission. So budgeting is critical to ensure that we're allocating our resources in the best way to accomplish our goals. And because of the kind of organization we are, our financial matters have to be above reproach...Our employees like using BudgetPak – they can do everything with it...Having dedicated software that works well really makes life easier for everyone.”
Jill Larsen, CFO, Baptist General Convention of Texas
FROM CHURCHES AND CONVENTIONS to ministries and associations, faith-based organizations like yours work hard to improve lives through education, charity, evangelism, and discipleship.
Money matters too.
IN TODAY'S TIGHT ECONOMY, many faith-based organizations struggle to find the means to fully support their philanthropic goals. Reduced monetary donations – paired with the rising costs of crucial mission and aid work – result in an unprecedented need for vigilant financial stewardship. Now is the time to build a better budget.
Put your budgetary process to the test.
Ask these important questions to gauge the efficacy of your current financial planning system:
Are your non-financial employees and volunteers struggling with Excel-based templates?
Is it difficult to track everyone’s progress?
Is your system error proneand time consuming?
Do you have a hard time maintaining historical data after staff or volunteer turnover?
Is it challenging to evaluate and revise budgets throughout the year?
Do you have limited transparency into the rationale behind the numbers?
Are you struggling with employees’ lack of budgetary engagement, accountability, and ownership?
Have you experienced difficulty tying the strategy to the budget?
Your budget should support your mission. BudgetPak is here to help.
Engage staff participation in the budget process…to increase ownership and accountability.
Build flexible, program-based budgets that are easily revised throughout the year…to keep pace with changing times.
Give budget holders a convenient way to document supporting details…to improve communication and transparency.
Easily produce real-time and historical reports…to facilitate informed planning.
Automate tedious manual processes…to improve accuracy and gain time for analysis – plus a faster budgeting cycle.
Marry your organization’s mission with your budgeting strategy…so you can achieve your faith-based goals.
XLerant provides cloud-based budgeting, forecasting, and reporting solutions designed with easy-to-use interfaces that make a complex process accessible for finance teams and budget managers alike. XLerant's software-as-a-service (SaaS) solutions serve small to mid-size enterprises that value collaborative environments as an effective way to engage employees and achieve their strategic objectives. The company's premier product, BudgetPak, has been recognized for outstanding usability, quick implementation, and exceptional support.