We’re Closed! 5 Ways to Speed Up Your Nonprofit Financial Close

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For many organizations, closing the books is an exercise in stamina and endurance. Nonprofit finance leaders often struggle with time-consuming manual tasks from sifting through a massive Chart of Accounts (CoA) to performing spreadsheet manipulations, consolidations, reconciliations, and information handoffs. For nearly 60%, the financial close process takes over a week, delaying access to reliable information vital to mission-critical decision making.

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