3 Ways Your Fund Accounting Software Helps Create Strong Internal Controls

Decrease Fraud and Increase Accuracy for Your Not-for-Profit Organization

Mistakes happen—even in nonprofit organizations. A typo here, a missed step there. Maybe a zero gets added or deleted. Maybe a vendor gets paid twice. It’s usually not intentional, but small errors can add up fast.

That’s where your fund accounting software comes in. It’s designed to help you build the internal controls and safeguards your organization needs to protect its financial integrity. With the right tools, you can promote accountability and reduce the risk of fraud.

This guide will show you how to use your fund accounting system to strengthen internal controls and create a more reliable process, including:

• Set up role-specific workflows to prevent unqualified users from making accidental changes

• Reduce risk by breaking down silos and sharing critical information automatically and consistently

• Increase adoption by showing controls in action, building understanding and consistency

Download the guide today to learn how your fund accounting system can seamlessly integrate internal controls into your financial processes to increase accuracy and decrease fraud.