Optimize Your Invoice Tracking for NPOs

Invoice tracking for NPOs

foreign [Music] demonstration of grunt tracking and billing in Sage intact if you're a non-profit organization it's likely that you will often receive funding through grants in many cases it can be a struggle to track the related information costs are also an area that can involve a significant amount of data which if managed incorrectly can lead to you inaccurately capturing costs which can then of course impact the related reimbursements when it comes to achieving Mission success there are three critical success factors control visibility and compliance Grant tracking and billing in Sage intact is specifically designed to focus on enhancing an organization in these three areas with this system you can concentrate all key information like Grunts and Grant document details in one place providing an in-depth view regardless of funding sources or type of award when it comes to reporting you can compare your budget versus actuals on a basis that follows user-specific reporting periods this means that you can compare information through reporting periods that don't necessarily follow your organization's fiscal year you can also configure your Grant records to include details unique to your program delivery you can then later search and report on those specific details you can also reduce billing errors by associating accounting entries with grants and then flagging qualified expenses at entry then with just a few clicks you can gather those eligible charges for reporting and billing so that you never miss a charge or overstated amount timekeeping data connects employee actions per Grant to timesheets based on the expense invoice indirect costs are a negotiated rate specific rate or markup when it comes to Mission delivery we can provide visibility to all those who need it using task tracking for Grants and projects you can also monitor the budget plan as well as the related spending as and when the grants are used to take things one step further we can connect Siege intact Resource Management to Grant tracking and this will allow us to take into account Staffing and utilization capabilities with everything pertaining to grunts in a single location we can generate a single source of shared Truth for both staff and auditors if we also wanted to connect Sage intact's non-profit Revenue management system we could then track barriers automate recognition as objectives are achieved and streamline our compliance processes thank you very much for watching