Financial Management Training Events
At Financial Technologies & Management, we offer nonprofit financial management training to our clients and to better educate the communities we serve. Since 1999, we have helped nonprofits save time and make sound decisions with nonprofit accounting solutions. Our solutions provide financial management training that focuses on best practices so you can lead and better serve your organization. Successful nonprofits start with strong accounting and planning. That is why we offer training in many targeted areas, from CFO to nonprofit accounting. Our nonprofit financial management training allows you to enhance your accounting skills to make smart decisions.
Effective Nonprofit Accounting Solutions
Whether you are the CFO or staff, our tools help you achieve your goals with strong nonprofit financial management training. We provide all levels of training to assist your accounting staff. Each staff member can benefit from taking our nonprofit financial management training courses. We also offer blog articles, video and document resources, and online events to help boost your staff’s competency in the area of nonprofit accounting systems. Our experts are knowledgeable and qualified financial management trainers that cover every aspect of nonprofit financial management.
Contact us to learn more about our nonprofit accounting solutions. We also offer training in addition to providing software.
MIP Fund Accounting User Group Meetings
Financial Technologies & Management’s Jim Simpson will be hosting monthly Nonprofit Forums and MIP Fund Accounting user group meetings. All nonprofits are welcome to join our free monthly nonprofit forum. There is no charge to attend, but registration is required. Our forum topics include all areas of essential financial management training.
The first Nonprofit Forum and MIP User Group were held during April 2000. We continue to educate and give back to the communities we serve.
FTM Nonprofit Forum – December 23, 2020 – Developing Effective Dashboards and Key Performance Indicators
December 23 @ 11:30 am - 1:00 pmFree
Developing an effective dashboard and key performance indicators
Nonprofit Forum Agenda Register
11:30 to 12:30-Developing an Effective Dashboard and Key Performance Indicators
Do you have a dashboard and know what your key performance indicators (KPI’s) are for your organization? Please bring your questions so we can have a candid conversation regarding dashboards and KPI’s.
We will cover the critical aspects of Effective Dashboards and Key Performance Indicators including:
Nonprofits are complex organizations that are built around mission and outcomes, which must be supported by the right revenue and expense models.
Dashboards are one way to simply communicate and give an overview of the organization by using a graphical summary of important information. It is an easy way for decision-makers to see where and whether the organization is on the planned financial path, and additionally can be used with funders and stakeholders to transparently show progress towards desired goals.
But a dashboard without metrics is useless to the organization, it is important to develop the associated metrics and constantly review to ensure you are measuring success for the organization.
A properly designed dashboard allows a nonprofit to monitor its effectiveness as evidenced by the financial health along with the impact of the programs and services provided. Board and staff should develop strategies and goals to create dashboards with focused conversation and collaboration.
When you select the dashboard elements, you should understand the data you will track and how that data will influence decision making. Questions to ask include: Are the metrics for the organization or function? Is the tool for the board, staff, or funders?
This webinar will help Executive Directors, Finance Directors, and finance staff to develop and use a financial policies and procedures manual. Savvy nonprofit leaders know that effective dashboards and key performance indicator development can be the difference between good and great performance.
Immediately following the presentation on the benefits of outsourcing nonprofit accounting, we will host a discussion on MIP advance, graph, and chart refresher.
Those attending the forum will receive handouts.
12:30 to 12:50-MIP User Group-MIP advance, graph, and chart refresher for MIP
12:50 to 1:00-FTM Updates and Closing Registe