Business Process Improvement
Global Nonprofit Saves 800+ Hours of Manual Data Input Annually with Automation
AAFCPAs developed a custom bot that ran daily, saving the organization more than 800 hours, or approximately 100 workdays, annually of manual data entry into ADP while reducing the risk of errors and improving accuracy. Summary One branch of a global nonprofit relied on a highly manual payroll maintenance process when capturing employee status changes […]
Multifaceted Energy Resource Company Embarks on Financial Software Overhaul – Client Success Story
AAFCPAs provides the technical blueprint to unite a portfolio of vertically integrated entities. A rapidly expanding energy resource company comprised of multiple diverse yet interconnected entities faced numerous obstacles when it came to maintaining its general ledger, billing clients, and managing projects. Collectively, the company is responsible for building commercial and industrial solar grids, leasing […]
What is Robotic Process Automation, Anyway?
Accounting transformation is driven by people who envision what’s possible. If you understand the power of RPA, you can make a list a mile long of potential transformations in how we do our work. In this webcast, recorded April 2023 at AAFCPAs’ Nonprofit Educational Seminar, Vassilis Kontoglis from AAFCPAs’ Business Process & IT Advisory Practice […]
Nonprofit Collaborative Budgeting
Ideally, your software should include all the core accounting features and functionality you need, including the ability to easily budget to department and person if necessary. In this webcast, recorded April 2023 at AAFCPAs’ Nonprofit Educational Seminar, AAFCPAs reviews system requirements that are proven to save management considerable time. We also demonstrate how efficiencies and […]
Client Success Story: Robotic Process Automation
How MGCC Distributed ~$700 million to 15,000+ Small Businesses in ~4 Months Massachusetts Growth Capital Corporation (MGCC) was charged with standing up a new program to quickly deliver an unprecedented amount of relief to small businesses across Massachusetts impacted by the pandemic. Background Since 2020, MGCC has proudly been the administrator for multiple pandemic relief […]
Client Success Story: Better Decisions in Less Time, with Better Visualization!
The need for financial analysis is constant, and visibility into KPIs (Key Performance Indicators) is essential for decision making. When your systems have limitations in how you can visualize your data, your ability to make meaningful decisions is hindered. In this Client Success Story, we outline how AAFCPAs helped Beaver Country Day School move beyond […]
Our Accountant is Retiring. Help!
How AAFCPAs leveled up a client’s processes and systems, while solving a staffing dilemma. AAFCPAs’ Fractional CFO & Outsourced Accounting leader Joyce Ripianzi, CPA was recently called by a nonprofit CEO looking for an immediate solution to manage finance responsibilities in response to a long-term employee who was retiring. The employee had been a valued […]
Data Analytics & Predictive Modeling
There are numerous and diverse reasons for nonprofits to adopt data analytics and predictive modeling tools. The implications are enormous for nonprofits prepared to invest in making sense of the swathes of data they may collect every single day. For example, tools are allowing organizations to be more strategic about donor outreach. They are helping […]
Obtaining Efficiencies in Business Processes, and Stronger Internal Controls
Business processes, by definition, cut across organizational and functional boundaries. Effective and ongoing business process analysis and improvement is vital to operating your company or organization at optimal levels. Illustrated in this client success story, a Business Process Controls & Performance Analysis, and Information Systems Gap Analysis allows an AAFCPAs client to reclaim 10 hours […]