Reporting Systems for Nonprofits: Better Decision Quality
Reporting systems for Nonprofits often get taken for granted. Nonprofit leaders think they must live with their existing reporting systems because they are unaware of any alternatives. Or, if they know alternatives exist, they assume these options are too expensive. Yet, not-for-profit leaders feel frustrated with their existing reporting systems. Among the reasons are: No Single Source of the Truth When separate reports fail to “tie out” as expected, Leaders do not know which version to trust. This can be caused by tapping information from various software programs that use different internal rules to process data. This creates “data silos” that force the Nonprofit to devise cumbersome methods to match up data. This puts pressure on the Nonprofit’s technical resources to continually maintain these custom data integrations. If the Nonprofit lacks the internet technical expertise to create these integrations, costly outside resources may need to be used. Inflexible Reporting...