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Not-For-Profit

Is your management solution bridging the gap between your business needs and the needs of your community?

The complex administration of a Not-for-Profit organization demands diligence and accurate attention to fine details. Fund Accounting and Government Reporting are complex considerations that require precise and painstaking scrutiny.

You need a robust business management solution that specifically focuses on Not-for-Profit organizations. An effective and efficient business solution must advocate absolute and prompt reporting, conveniently accessible data, and automated advances that support and scale down the daily overhead of your organization.

Read our customer success story to see how Seven Hills Foundation gained efficiency and flexibility in all areas of financial management.

The Client

Established more than 50 years ago, The Seven Hills Foundation currently offers program sites at approximately 125 locations throughout Massachusetts employing nearly 2,000 professionals.  Seven Hills offers a continuum of support and services to 26,000 individuals with disabilities and life challenges through affiliate organizations that are part of the Foundation. 

The Situation

Due to their growth through the acquisition of new business entities, they needed a system which allowed them to easily add entities, which included programs and funds.  Their month end reporting process, which relied heavily on running a customized general ledger update program in order to generate financial statements was extremely tedious and time consuming.  Seven Hills needed a solution that would automate and streamline their reporting, allow them to easily add new business entities and allow them easy access to detailed information.

The Solution

With Competitive Edge Services, Seven Hills implemented Microsoft Dynamics NAV in their finance department.

Key Benefits

  • Automated and timely generation of month end reports
  • Ability to easily add new business entities
  • Ability to view data by various business entities (funds, programs, departments)
  • Ability to utilize their accounting software to drill down into detail and answer questions

Testimonial

“With the NAV software we have gained efficiency and flexibility an all areas of financial management including accounts payable check processing, cash receipts application, and particularly general ledger applications as it applies to adding programs and companies;  financial statement reporting; exporting information into excel for analysis; and importing general ledger entries.  The implementation team from CES was very knowledgeable and thorough so that the transition was very smooth!” 

Mike Matthews, CFO

 

At Competitive Edge we know the right business solution for your Not-for-Profit organization makes all the difference in becoming a focused organization with a clear core objective of providing a high-level of service and value to your beneficiaries. Contact us today to learn more about how we can help improve your Not-for-Profit agency.