Technology & Process
Cost Center Coding Strategies for Effective Grant Reporting
For complex human and social services providers, managing grants and ensuring compliance can often feel like navigating a labyrinth. One effective strategy to simplify this process is through cost center coding. AAFCPAs provides the following detailed guidance on how to leverage cost center coding to streamline grant reporting and maintain compliance. Design Your Cost Centers […]
October is Cybersecurity Awareness Month. Are You Prepared?
Cybersecurity Awareness Month is observed in October in the United States to raise awareness about the importance of protecting digital systems and data from cyber threats. As of the third quarter of 2024, there were over 2,000 reported data breaches affecting an estimated 1.3 billion individuals globally with major breaches affecting companies like UnitedHealth, Snowflake, […]
Enhancing Reporting Capabilities With Integrated Systems
For CFOs and financial leaders within the Health and Human Services sector, the challenge of managing and reporting on diverse programs funded from various sources is a significant one. Accurate and efficient reporting is essential but often hampered by data spread across multiple, disconnected systems. AAFCPAs provides the following guidance on how integrating these systems […]
Seminar Recap: Understanding AI Risks and Establishing Workplace Guidelines
During AAFCPAs’ recent Nonprofit Seminar (April 2024), Ryan K. Wolff, MBA and Vassilis Kontoglis briefed approximately 400 attendees on AI risks and the importance of establishing workplace guidelines. The full session was recorded and may be viewed as a webcast at your convenience. >> The integration of artificial intelligence (AI) into the workforce brings with […]
A Guide to Business Process Assessment and System Selection
A business process assessment is the first step in identifying, addressing, and solving inefficiencies that may hold back performance and productivity within your organization. Successful, growing organizations often find themselves over-reliant on Excel for data management, facing reporting delays, lacking real-time insights, struggling with data processing and intensive reconciliations between systems, or closing late due […]
Why a Business Process Assessment is Essential for Successful System Implementation
While it is more instant gratification to skip analysis before selecting the pretty new system with fancy bells and whistles, this may lead to poor fit, high cost, security exposures, downtime, disruption, issues with scalability, and long-term vendor dependance. Employees may also feel resistant to change and frustrated by the new system right off the […]
Seminar Recap: Unlocking the CFO’s Role in Digital Transformation
During AAFCPAs’ recent Nonprofit Seminar (April 2024), Robyn Leet and Joyce Ripianzi, CPA briefed approximately 400 attendees on ways CFOs can unlock digital transformation within their organization. The full session was recorded and may be viewed as a webcast at your convenience. >> Faced with resource constraints, nonprofit organizations are driven to keep operations lean […]
Wendy Smith Earns Netsuite ERP Consultant Certification
AAFCPAs is pleased to announce that Wendy Smith, CPA, Consulting CFO, Process & Systems has earned the Netsuite ERP Consultant Certification, which offers AAFCPAs’ clients accredited, expert-level NetSuite support. This certification enables faster and smoother NetSuite implementations, the seamless addition of functionality and modules, and the easy adoption of new releases. Additionally, it ensures that […]
Seminar Recap: Decoding RPA for CFOs
During AAFCPAs’ recent Nonprofit Seminar (April 2024), Vassilis Kontoglis and Ryan K. Wolff, MBA briefed approximately 400 attendees on the ways in which nonprofit executives can harness RPA for financial automation. The full session was recorded and may be viewed as a webcast at your convenience. >> Robotic Process Automation (RPA) is transforming finance, accounting, […]