Manage the entire supply chain
Finance and Supply Chain Management Solutions for Non-Profits
Ensure accountability and compliance with standards without compromising on service levels
Non-profit organizations face a distinct set of challenges every day, which are rarely encountered by traditional businesses. These include the uncertainty of consistent funding, limited staff capacity, and the perpetual constraint of tight budgets.
Technology that most of us take for granted is not always guaranteed. And political and economic conditions can vary drastically, impacting everything from the availability of raw materials to distribution channels.
The key to success is to optimize your supply chain and financial management processes while making the most of your assets and resources. Powered by Microsoft Dynamics 365, HSO’s finance and supply chain management solutions for non-profits takes into account that every non-profit has specific, often unique requirements they count on to fulfill their mission.
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Ensure accountability
Get the visibility and control you need—regardless of where you operate—through a single source of truth for data, so you can manage every penny and nail budgets. This also supports compliance as well as detailed and timely transparency in internal and external reporting to grantors and funders.
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Increase responsiveness and scale
Make decisions faster and more responsively; improve program planning and budgeting by providing timely and accurate data on spending and program status.
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Enhance speed and timeliness
Respond faster in a crisis by reducing time to process procurements and other transactions; get the right goods at the right time by optimizing orders to decrease time spent on purchases.
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Make best use of resources
By reducing manual processes, putting easy-to-use systems, and taking advantage of more accessibility via the cloud, you can attract and better utilize limited resources, focusing them on where they can do the most good.
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Support research and development
Centralized data helps with research and development efforts. By taking advantage of dashboards, workflows, and a configurable, user-friendly interface, your organization can also reduce training time, increase user adoption, and empower your employees.
Operate responsibly with comprehensive financial management
With funds often coming from multiple sources like private donations, endowments, grants, and membership fees, it’s essential that your financial management is secure and equipped to do the job efficiently.
In addition, your board of directors has a duty to ensure the organization’s assets are used in accordance with donors’ intent and in support of your mission—which requires transparent reporting on financial operations.
Finance and supply chain management for non-profits provides you with the tools you need to:
- Manage funds, grants, and donations in a single, integrated, secure, cloud application for optimal cost recovery
- Generate transparent reports in multiple formats
- Set and monitor budget goals
- Set security rules and use role-based permissions to limit user access to certain areas of the system and to Personally Identifiable Information (PII) data based on affiliation
- Monitor audit trails to document the “who, what, when, and why” of each transaction
Explore Additional Resources for Non-Profits