5 Financial Metrics You Should Be Reviewing Monthly (and Two Questions to Ask Annually)
Make these reports part of a monthly workflow to help create an efficient nonprofit finance office
When you establish a monthly workflow for your financial office, you improve your audit readiness, allow for clearer forecasting, and decrease the stress on your staff.
In our webinar with Stephanie Skryzowski, CFO and founder of 100 Degrees Consulting, she walked through the steps of creating monthly, quarterly, and annual workflows for your nonprofit finance office. Download this tip sheet to learn:
The five metrics that should be part of every nonprofit finance monthly workflow
How to calculate each metric and why it is important to monitor
Two questions you should ask your team each year to make sure your processes set you up for growth
Check out this tip sheet and make pulling these reports on a monthly basis a financial habit for your nonprofit.