NONPROFIT ORGANIZATIONS enrich our lives in innumerous ways – addressing social problems and community needs while creating an opportunity for service, volunteerism, and philanthropy.
Money matters too.
IN TODAY'S TOUGH ECONOMIC TIMES, the path to sustainability is not an easy one. Mission-driven nonprofits like yours face unique challenges when balancing the vision with the need for financial stability. 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 and your board members 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 and board member understanding.
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 long-term sustainability.
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.