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Tag: nonprofit organization

Why is Operating Reserve Important for Nonprofit Organization?

Why is Operating Reserve Important for Nonprofit Organization

Business worldwide has suffered negative impacts due to the pandemic crisis, and nonprofit organizations are no exception. Faced with so many difficulties, several organizations are clinging to life as there is a considerable dip in contributions. Organizations that carefully planned their operational reserves had the lifeline during this crisis and have proven to be an essential factor now than ever before.

nonprofit organization, nonprofits, Operating Reserve.

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Why you should migrate to the cloud with your NFP Accounting

Cloud technology is considered to be one of the tenets of Digital Transformation. Organizations across the world have adopted the cloud, streamlining business in the process. For Nonprofit organizations, it helps to communicate easily with donors, within the organization, manage marketing and fundraising campaigns, etc. Since cloud is, obviously, everywhere, it’s no more necessary for Nonprofit organizations to even set foot in the office or purchase multiple licenses.

cloud accounting, cloud accounting software, cougar mountain software, denali, NFP, NFP accounting, nonprofit organization, Not for profit

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