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Financial Planning Challenges for Nonprofits
How Planning Maestro Can Help
A lack of accessibility: Nonprofits often lack the resources necessary to address their financial planning needs
Connectivity: Integrate Planning Maestro with your ERP software, to monitor and analyze your organization’s budget and actuals without hours spent on formulas.
Unclear justification: Nonprofits need assurances and clarity for every decision made and simple budgeting tools can’t clearly project expenses with confidence and are difficult to manipulate
Agility: Planning Maestro is simple and easy to use with seamless implementation. When funding outcomes change or delayed grants arise, Planning Maestro helps you make actionable financial adjustments.
Collaboration: Collaborate with operational stakeholders to see the impact of strategic decisions and changing assumptions, while centralized budgets, forecasts, and reports remain accurate and up-to-date for the executive team. Given the broad scope requirements in the nonprofit sector, this collaboration is valuable for addressing all funding sources and generating accurate numbers.
Technical complexity: Nonprofits need comprehensive solutions with simple usage and upkeep requirements and comprehensive FP&A software demand more technical expertise than many nonprofits have on hand.
Automation: Automate routine tasks, such as fund, revenue, grant, and billing processes, reducing responsibilities for your financial professionals and other members of your team. Automation also offers technical simplicity for organizations that lack an internal IT department.
Cash flow uncertainty: With a revenue cycle that is often inconsistent, nonprofits need reliable and accurate cash flow projections that can keep up with constant change.
Visibility: Integrate and normalize data from various sources, improving data accuracy and financial health insights. Complete visibility provides the assurance and clarity that nonprofits need to make budget changes and spend with confidence.
Planning Maestro® Budgeting Software
Make nonprofit budgeting and planning easier. No matter the size of your nonprofit, your financial plan is the most important tool for ensuring that your organization is efficient, sustainable, and poised for both short and long-term success. Planning Maestro is a perfect financial planning software for nonprofits, having helped hundreds of nonprofit customers to plan, save time, and succeed in simplifying their financial processes with our modern financial planning and analysis (FP&A) platform.
Planning Maestro makes financial planning and analytics available to nonprofit organizations across industry sectors. Whether you are looking for a solution to help drive efficiency, reduce costs, or boost performance, Planning Maestro will work for your organization. You’ll get:
- Accurate insight into your organization
- More granular control of project and program budgets
- Faster, more confident decisions
Nonprofit Industry Demo
No matter the size of your nonprofit, predictive financial planning and forecasting is critical for ensuring that your organization is efficient and sustainable, and even more critical during times of uncertainty. Learn how nonprofits utilize Planning Maestro for a better, more strategic and accurate view of their business financial health and performance.
Trusted By More Than 10,000 Users
Features and Capabilities of Our Budgeting Software for Nonprofit Organizations
Planning Maestro is equipped with comprehensive features that support you by streamlining your budgeting, planning, forecasting and reporting processes.
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The shift from boom growth to capital efficiency has already begun . . . Make sure your company is prepared.
Download our white paper: “Making the Shift: Cash Flow Forecasting Tips for Turbulent Times”, to learn how an insightful, strategic, and accurate cash flow budget will allow you to manage scarce resources effectively.
Plans and Pricing
Choose a plan designed around your nonprofit’s needs.
Invest in Next-Level Budgeting Solutions for Your Nonprofit Today
Are you ready to manage your nonprofit’s budget using innovative financial software? We are dedicated to empowering CFOs, controllers and other FP&A experts to make faster, more accurate decisions to secure their organizations’ financial future.
Watch our product demo to learn more about our cutting-edge solutions today!