Forecasting the future is a power many charities would like to have, particularly during periods of economic uncertainty. Fortunately, with the right data, charities can do just that, using detailed information of what’s gone before to predict what might come after. Financial data can be especially useful to charities, helping them to understand everything from the best times to launch fundraising campaigns and how to effectively allocate funds to support services for longer.
In this webinar, in partnership with Sage Intacct, Charity Digital delve into the intricacies of financial planning and analysis tailored for nonprofit organisations. The session will explore how strategic financial management can drive mission success, enhance resource allocation, and improve overall organisational efficiency. Learn from industry experts about innovative approaches and practical tools that can transform charities’ financial health and decision-making capabilities.
Attendees can expect to learn:
- Enhanced budgeting techniques: Discover how to create dynamic, flexible budgets that can adapt to changing funding landscapes and program needs
- Data-driven decision-making: Learn to leverage financial data analytics to inform strategic decisions, ensuring your resources are used effectively to maximise impact
- Performance monitoring: Gain insights into setting up robust financial performance metrics and dashboards that help track progress and demonstrate accountability to stakeholders