All sectors

Not for Profit

Sector characteristics

Current economic and political environment has forced non-profit organizations to spend more efficiently and provide greater transparency

Donor Compliance Reporting is fast rising up the list of key issues faced by the finance function in the Not-for-Profit sector.

Projects are of variable length and can be very long-term

Projects can have multiple funding sources of varying length with varying performance criteria

Funding may be dependent upon meeting performance milestones

Staff utilization is difficult to manage since specific skills need to be matched to project requirements

Time and cost including overhead may need to be allocated across projects and donors

Revenue recognition is independent of funding receipts

Pressure to reduce administrative costs is rising

Sector is under greater scrutiny by Tax Authorities, requiring more detailed reporting and longer term retention of records

Sector challenges

Need to keep administrative costs to a minimum

Need to monitor time and expenses by donor project

systems@work benefits

Scalable, catering from 25-5000+ users

Enables both time to be planned and budgeted

Simple & easy to use via Web browser and on Mobile devices

Extensive Reporting

Extensive analysis

Captures actual time against many customizable analytical dimensions

Multi-Currency & Multi-Language


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