Name
Managing Cash Flow in Uncertain Times
Description
Cash is the lifeline for all nonprofit organizations but often a challenge to balance inconsistent incoming cash with fixed operating expenses. This session will help nonprofit leaders understand the ins and outs of managing cash, showcase a monthly process for keeping track of inflows and outflows, and explain how to build a multi-year cash flow forecast to see into the future of your organization and make decisions now to avoid a cash crunch later. We will also discuss several metrics that you can use to assess your organization’s financial health each month.
Organization Type
Nonprofit Organizations
Track
Financial Management
Job Type
Accounting, Board, CFO, Executive, Grants
Solution Focus
Fund Accounting, Fundraising, Payables, Performance Analysis and Benchmarking
Blackbaud Solutions
Blackbaud Financial Edge NXT®, Financial Edge®
Knowledge Level
Basic: 0-1 years of experience with the topic/product; looking for a basic introduction, Advanced: 3+ years of experience with the topic/product; well-versed in all functions‚ looking to learn complexities and new trends, Intermediate: 1-3 years of experience with the topic/product; comfortable with basic functions; looking to dive deeper