Education Non-Profit Streamlines Cashflow Management
Confidently moving forward with more effective use of in-house and new cashflow management tools
Driver
An education non-profit requested help streamlining their cashflow management, reporting, and projections. Their multiple spreadsheets, manually updated each month, didn’t provide day-to-day decision-making support, and they risked manual errors.
Outcome
The development and finance leaders were excited and equipped to excel, as we’d:
Discovered the best tool mix to meet their needs, including new and in-house solutions
Enhanced use of in-house tools to reduce manual efforts
Positioned with an actionable plan that’s feasible for a busy team to bring on a new tool
Approach
The FlexPoint Consulting team:
Understood the current processes and compiled solution requirements
Examined in-house tools and 20+ external tools for potential use
Determined the best combination of existing and new options to enable the development and operations teams
Crafted a phased approach to enhance use of in-house tools and then add a new (low-cost) budgeting, analysis, and reporting tool
We gladly did this project free of charge through our Community Investment Program.