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Why do you give to charity? If you ask somebody out of the blue, they’re likely to tell you what they think you want to hear – perhaps that they give because it’s the right thing to do, or because people are in need. While, no doubt, some people do have a selfless motivation, thereRead more

There’s a number of reasons to create a non-profit annual report, whether it’s to generate positive PR, to demonstrate to donors and trustees how their money is being used, or to counteract negative press and misinformation. It’s also a fantastic opportunity to influence people to take action and support your cause. A great annual reportRead more

We work closely with the Charity Finance Group (CFG) as part of our commitment to the charity sector. This year, the CFG Annual Conference themes were confident, dynamic and trustworthy, and we discussed several topics related to these, including how advanced donor reporting can help to boost the profile and perceived reliability of your not-for-profitRead more

This summer, we’re focusing on how technology enables financial transparency and compliance. Our hand-picked webinars will feature insight and best practice from some of the foremost industry experts. How accurate donor reporting ensures fund security Transparency and a thirst for an instant financial overview is causing a back-office backlog. Donor reports are an essential not-for-profitRead more

Ledgers have been used in one form or another for centuries to track financial accounts. As organisations’ accounting and financial processes have become more complicated, so too have the ledger systems they use, and most not-for-profits keep several books and accounts for different purposes. However, as we enter a digital age, most financial software hasRead more

You have to spend money to make money – this is especially true in the third sector. Approaching the subject of charitable expenditure (on staffing, utilities, fundraising and events – the list goes on) with supporters can raise red flags and doubt; in fact, the misconception that 100% of a charities’ total income goes directlyRead more

We live in uncertain times and, for those working in the third sector, the landscape appears particularly unpredictable; Brexit, overstretched local authorities, uncertain funding… The current political climate makes financial planning anything but easy. Whether fairly or unfairly, charities are under the spotlight like never before. A hostile media setting has resulted in a numberRead more

Social media has changed the landscape for charities and subsequently means the ability for information online to quickly influence an existing or prospective donors’ decision to donate is profound. Unfortunately, this can rapidly become detrimental to organisations striving to help those causes in need where it can prove difficult to set the record straight to your audience.

In 2018, the collective annual income of charities in England and Wales passed £75 billion for the first time in history. Charities of all sizes can benefit from tracking their finances accurately and effectively through Accounting, Budgeting and Financial Management systems.

Often, a main struggle for charities is reporting that they are making an impact and displaying transparency of associated activity through their financial reporting. Whilst it’s one thing trying to raise the funds, it’s another showing exactly how these funds are being used and how this is being filtered into the cause.