Nonprofit Information Management
Success Expense Management Seminar/Webinar

Minimizing expenses is important to the mission and survival of your nonprofit organization.

This two-hour seminar or one-hour webinar provides a detailed look at information management techniques that can make your nonprofit organization more effective and efficient in each of the following areas:

Purchasing/Procurement

• Recording requisitions or other forms of request to purchase along with anticipated purchase costs and budgetary impact
• Routing purchase requests for review and approval and converting requests to vendor/provider purchase orders upon approval
• Creating purchase contracts and blanket purchase orders and monitoring and restricting expenditures within contract/blanket limits
• Encumbering funds for approved purchase orders
• Monitoring dollars available to spend by budget line item taking into consideration open requisitions and purchase orders as well as actual expenditures
• Recording the receipt of goods and services against open vendor/provider purchase/contract/blanket orders
• Maintaining vendor/provider profile information and statistics and using this information to monitor and manage vendor/provider performance and relationships

Accounts Payable

• Maintaining a separate accounts payable ledger for every vendor/provider
• Entering and posting vendor invoices and matching invoiced amounts with purchase order or contract amounts and received goods/services
• Routing vendor invoices for review and approval prior to payment
• Checking budgets for sufficient funds prior to payment processing
• Making payments via computer generated checks, manual checks, and electronic funds transfer

Payroll

• Performing payroll processing for salaried and/or hourly employees and multiple pay cycles (weekly, biweekly, monthly)
• Calculating gross earnings, taxes and other deductions and benefit accruals
• Processing payroll checks and direct deposit transfers
• Allocating payroll expenses to appropriate funding sources, programs, and other dimensions in the general ledger
• Creating accounts payable liabilities for amounts due to taxing authorities

Materials Management

• Managing inventories of expendable supplies and materials
• Monitoring inventory levels by item and location and generating replenishment orders as needed based on reorder points and economic order quantities
• Avoiding materials stock-outs while minimizing inventory carrying costs

This event is part of Parente Technology's Nonprofit Information Management Success Series, a recurring series of free seminars and webinars that show you how to be more successful in achieving your mission through better, more efficient information management. Other seminar/webinar events in the series take a more detailed look at each broad area of nonprofit information management.

The series is based on the award-winning Serenic Navigator system. Serenic Navigator, powered by Microsoft Business Solutions Dynamics NAV software, is a modular enterprise management system designed specifically for nonprofit organizations (See Our Brochure).

Seminar and Webinar Schedule (click for schedule)

Check our News & Events page for schedule updates, to register for an event, or to request a specially scheduled webinar. Or contact John Janiczek by calling 570-200-0401,
toll-free at 877-628-4746, or by e-mail at jjaniczek@parentenet.com.

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