Altus Dynamics Blog

How Mismanaging Your Financial Information Could Put Your Nonprofit Organization at Risk

Posted by Kevin Dayno on Dec 7, 2016 2:00:00 PM


 

Based on the webinar by the Nonprofit Quarterly, “Creating High Functioning Nonprofits: Who Should Have What Financial Information?”

 You may have heard the saying “A plan without numbers is just a bunch of good ideas.” Although this may not be true in all cases, it is very true when it comes to strategic and financial planning. The importance of managing financial information cannot be overstated because if it’s not done properly it could lead to serious problems for your organization. This makes it essential that department managers and the executive leadership team are all on the same page when it comes to aligning your strategic and financial planning.

Topics: Non-Profit Read More

Do You Have What it Takes? Alliance Award Nominations are Now Open

Posted by Dhebi Hay on Dec 2, 2016 3:34:01 PM


It's almost our favourite time of the year again! No, we're not talking about the holidays, we're talking about our annual user conference - Altus Alliance! 

Topics: Customer Community Read More

What's keeping Nonprofit CFO's up at night?

Posted by Melissa Alvares on Nov 30, 2016 10:15:00 AM


In many ways the stress on Nonprofit CFO's is a lot more than their For-Profit counterparts. This is because any finance scandal in the Nonprofit world means that public funds are at stake and, more importantly, the people that were supposed to be helped with those funds do not get served.

Even though there have been some eye-catching headlines in the past with regards to reporting and misuse, in general finance professionals in the Nonprofit sector are highly skilled and have a strong sense of values. Many are also extremely innovative because with limited funds they tend to re-invent traditional business models in order to maximize the money they have to fund their mission.

In a study by American Nonprofits, more than 900 individuals who characterized themselves as CFOs or equivalents were surveyed about their job. Here are some of the key findings related to what's keeping them up at night:

Topics: ERP, Non-Profit, Finance Read More

How generosity can help you manage your teams better

Posted by Cait Abernethy on Nov 22, 2016 1:14:23 PM


 

With Giving Tuesday and the holidays just around the corner, we – as well as many of the clients we work with – have generosity at the top of our mind. And while generosity to others during this time of year is certainly important, it’s also important to remember to be generous within our workplaces as well. A workplace where staff and team members are listened to, appreciated, supported and praised is a workplace where people want to give their best, where people’s ideas and creativity can unfold. Generosity helps to foster this creativity and helps to boost morale and performance as well as mental and emotional wellbeing among employees.

Topics: Workforce Management Read More

Trump’s White House Victory Could Spell Money Woes for Nonprofit Charities

Posted by Cait Abernethy on Nov 15, 2016 1:13:04 PM


Topics: Non-Profit, Finance Read More

4 Critical Features of an Effective Case Management Solution

Posted by Chris Carre on Nov 8, 2016 10:24:00 AM


With demand for social services increasing, organizations are feeling the need to improve their case management capabilities by partnering with a case management solution provider. These solutions allow organizations to effectively manage client data, efficiently track and report on client outcomes, and ultimately provide greater quality of service. When selecting a solution for your organization, there are many features that are important in order to serve your clients effectively. The following are 4 features that are essential to a case management solution in order to ensure the highest quality of care and program delivery:

Topics: CRM, Social Services Read More

The 8 Types of People You’ll Meet at Alliance

Posted by Cait Abernethy on Nov 3, 2016 9:15:00 AM


To all the conference-goers out there, we’d like to pose a question. What’s your mission?

With so many benefits of attending and goals to focus on during a conference, choosing just one can be a tall order. And with Alliance 2017 around the corner, you might be asking yourself: Should you network and make connections with smart people? Or should you stick to learning and diligently take notes during the breakout sessions?

Topics: Customer Community Read More

Announcing our Alliance 2017 Featured Keynote: Author Sheri Chaney Jones

Posted by Melissa Alvares on Oct 31, 2016 9:32:57 AM


For over 15 years, Sheri Chaney Jones has improved government agencies, nonprofits, and small businesses through the use of performance management, evaluation, and organizational behavior best practices.  Her experience and expertise has transformed measurement cultures and as a result, saved public dollars, improved outcomes, demonstrated effectiveness, and increased revenues.  

By developing a measurement culture and using data collection and analysis, Sheri has helped one client turn a $420,000 loss into a $420,000 gain. A successful project with another client resulted in a program savings of approximately $100,000 a year; and yet another client saw an annual savings of $250,000,000 in Medicaid spending. 

Topics: Customer Community Read More

Worried about ACA Reporting? Here are 5 things you can do about it

Posted by Andrew Cheung on Oct 27, 2016 2:30:53 PM


When you think of the United States' Affordable Care Act (ACA), many things come to mind. Some see opportunity, while others see limitations. Some see benefits, while others see increased costs. Regardless of the opinion, the ACA has transformed the regulatory environment for many human service organizations, which means these organizations will need to equip themselves with the right tools to comply with these new policies.

Topics: ERP, HR/Payroll Read More

How Techies can Volunteer their Skills to Help Nonprofits

Posted by Cait Abernethy on Oct 25, 2016 8:47:00 AM


When we volunteer our time, we often want to do it not only for causes we are passionate about, but also in a way that uses our best skills. For instance, teachers or parents may want to volunteer to help immigrant children learn English; writers may want to tutor students; doctors may want to travel to help in clinics around the world.

Topics: Non-Profit Read More

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