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Financial Management

Financial Management refers to the process by which a business or organization tracks and manages its cash, credit, expenses, and revenue streams to ensure profitability and its ability to meet organizational objectives. In a nonprofit context specifically, we can think of financial management as being the backbone enabling the organization to carry out and fulfill its programmatic mission. Sound financial management is absolutely critical for an organization’s long-term success and sustainability!

In this section, you’ll find content related to cash flow and cash management; budgeting, planning, and tracking of finances; financial reporting; and financial infrastructure.

All Financial Management Resources

Showing 11 to 17 of 17 posts
5 minutes | Employee Success Program | Grow a Social Enterprise

Social Return on Investment (SROI) Analysis

It has become increasingly important that we be able to understand not simply that a program is a “good cause,” but rather that its social returns argue for increasing our investments in their work.
3 minutes | Financial Management | Manage a Social Enterprise

Financial Infrastructure & Internal Controls Overview

Financial infrastructure and internal controls are the accounting systems and processes that enable the management and security of an organization’s cash, inventory, payments, invoicing, and other money-related business processes.
41 minutes | Business Planning | Grow a Social Enterprise

Employment Social Enterprise Glossary

This is a helpful resource for those seeking to better understand the terminology and concepts related to Employment Social Enterprises (ESEs) and the broader field of social entrepreneurship.
5 minutes | Financial Management | Manage a Social Enterprise

Financial Reporting Overview

Financial reporting is the practice of summarizing the financial performance of an organization in standardized documents.
6 minutes | Financial Management | Manage a Social Enterprise

Financial Planning & Tracking Overview

Financial planning and tracking helps organizations quantify their annual strategy and plan activities in a way that ensures feasibility and cost-effectiveness
12 minutes | Business Planning | Grow a Social Enterprise

Cost Analysis Overview – Fixed and Variable Costs 

Fixed and variable costs refer to the categorization of business expenses depending on whether they are affected by changes in product/service quantity sold, or whether they remain constant regardless of quantity sold.
4 minutes | Financial Management | Manage a Social Enterprise

Cash Management Overview

Cash management is the process of collecting, handling, and using cash. Additionally, it involves assessing liquidity, cash flow and investments.