In part 2 of this podcast, our experts jump right in where part 1 left off and answer these remaining questions.

1. What are some of the key problems with how nonprofits manage gift records that make life hard for Accounting? 
2. Our donation/membership/grants are first recorded in the Financial Edge in our accounting office, then given to development to record in Raiser’s Edge.  Is this process being done backwards? 
3. What should we be thinking about when planning a CRM to ERP integration to help make sure the data flows properly?
4. We’re thinking about changing our CRM and/or ERP system to help solve our financial data flow problems. How should we approach this process? And what systems should we consider? 
5. Have you ever had two nonprofits who needed essentially the same application share the development cost?
6. What items in the new FASB financial reporting rules have the biggest impact on nonprofit GL structures and GL feeds from the CRM system?

Nonprofit organizations often enter and manage key financial data in places other than their accounting system—and require that the data flow into the general ledger.

But getting the data from those systems—for managing fundraising, membership, grants, or service management—into the accounting system is rarely as straightforward as we would like it to be.

Do you struggle to integrate data in your Development and Accounting systems?

Many nonprofits struggle to manage the entire lifecycle of financial transactions flowing into the general ledger from other systems. All nonprofits exert too much energy and time manually manipulating financial data inside or outside of their systems, performing duplicative data entry, exporting and importing data, debugging integration tools and processes, performing reconciliations, creating and maintaining reports, and responding to auditors.

While there are clearly technical challenges, often the heart of the problem is the need to reconcile the differences in requirements between departments – for example, Development and Accounting – where both have different but equally legitimate needs to view financial data in different ways.

We’ve assembled a panel of three experts with more than 60 combined years of experience solving just these sorts of problems for nonprofit organizations. As they’ve worked with the World Wildlife Fund, Bread for the World, the New Hampshire Charitable Foundation, the Meridian Institute, and hundreds of other organizations, they’ve picked up a few things about how to establish leadership and operational practices, business processes, data models, and technology environments that work together in solving our clients’ challenges.

This webinar is appropriate for nonprofit executives, managers, accounting, development, and nonprofit IT personnel – and as with all our webinars, it is appropriate for a varied audience.

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Thanks for listening.