In a recent discussion, the CFO of a mid-sized nonprofit revealed a common misconception: that transitioning from corporate to nonprofit roles would be easier. In reality, CFOs in nonprofits are often faced with the challenge of managing restricted grants, which come with strict requirements. These grants are donations given with specific conditions, such as earmarking funds for a particular purpose or limiting how the money can be spent. To make matters more difficult, nonprofits typically have six months or less of cash reserves. To help with this issue, new solutions are emerging that can simplify grant management for nonprofits.