In a challenging economy, human service agencies, member and educational organizations, charities and other nonprofits are under tremendous pressure to maintain transparency, accountability and strong corporate governance. According to the Nonprofit Finance Fund's 2015 State of the Nonprofit Sector Survey, 76% of nonprofit organizations reported an increase in the demand for their services, however more than half (52%) were unable to meet that demand. This was attributable to cash flow concerns, high staff turnover and not having access to timely and accurate financial data to facilitate planning and decision-making.
Quatrro's tailored finance and accounting solution, built on the strengths of a robust accounting and business intelligence platform, enables nonprofit organizations to mitigate these pain points and remain focused on their mission.
Quatrro offers a broad range of accounting services to all types of non-profits including educational, religious, human service, seminaries, foundations and associations to name a few.
clients, is poised to redefine the financial management practices across the
Not-for-Profit (NFP) [http://www.quatrrofpo.com/
industry through a combination of cutting-edge technology, flexible service delivery and
domain expertise. The company has recently enhanced its value proposition through the
addition of Quatrro BI 360 [http://www.quatrrofpo.com/
leading business intelligence and analytics tool that will enable the NFP's to perform
benchmark reporting and drive business decision-making.
(Logo:
http://photos.prnewswire.com/
In a challenging economy, human service agencies, member and educational organizations,
charities and other nonprofits are under tremendous pressure to maintain transparency,
accountability and strong corporate governance. According to the Nonprofit Finance Fund's
2015 State of the Nonprofit Sector Survey, 76% of nonprofit organizations reported an
increase in the demand for their services, however more than half (52%) were unable to
meet that demand. This was attributable to cash flow concerns, high staff turnover and not
having access to timely and accurate financial data to facilitate planning and
decision-making.
Quatrro's tailored finance and accounting solution [http://www.quatrrofpo.com ], built
on the strengths of a robust accounting and business intelligence platform, enables
nonprofit organizations to mitigate these pain points and remain focused on their mission.
With a 24+ year track record of helping organizations meet compliance deadlines and
successfully complete audits, Quatrro specifically helps NFP's:
- Produce high-quality financial reports to improve decision making
- Make well-informed decisions about programs and budget priorities
- Improve accountability both internally and externally to funders and donors
- Monitor accounts receivable and cash flow
- Implement best practices, internal controls and comply with Financial Accounting
Standards board (FASB) regulations
Commenting on Quatrro's continued focus on supporting the NFP industry, Charles
Harmornick, President, Quatrro Business Support Services, said, "Quatrro has a rich
history of servicing NFP clients. By combining state-of-the-art automation tools, process
expertise and domain knowledge; we have developed a comprehensive accounting suite that
will enable nonprofit organizations focus on their mission rather than on defining and
documenting procedures. We will continue to partner with our NFP clients to not only
strengthen their accounting operations but also provide strategic business insights that
will help them maximize their funding and sustain their growth."
Quatrro offers a broad range of accounting services to all types of non-profits
including educational, religious, human service, seminaries, foundations and associations
to name a few.
