Estimated reading time: 1 minute, 4 seconds

Creating an accurate budget is important to the financial well being of your nonprofit. However, it can be time consuming to collect and analyze the various pieces of data, such as donor giving and expenses.

Adaptive Insights planning software can help your nonprofit get a handle on all its financial data to make forecasting and budgeting go more quickly.

Use the software to analyze and plan for fundraising efforts over multiple channels. In addition, it can help you get a grasp on your operating expenses.

Then you can use the software to make plans and projections based on several different criteria such as average donor contributions and cost per program.

You can analyze the data by fund, program, or project. Use the software to plan and forecast by several different elements. You can forecast by program, project, fund, grant, season, or  location. Incorporate the latest actuals for event registration revenues and expenses, membership renewals, and financials from other events into the projections

The software also lets you track expenses and donor contributions, perform allocations, create a balance sheet and cash flow planning. Streamline your yearly reporting process and create annual financial statements, balance sheets and other regulatory filings

Adaptive Insights works with other nonprofit tools such as Blackbaud,Sage Intaact, & Microsoft Dynamics.

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