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5 Great Tips on How Nonprofit Leaders Can Manage Stress

WEBIn the hyper-connected 24/7 charity world, many leaders lose (a lot of) sleep. A McKinsey research project highlighted a strong correlation between leadership performance and …

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URL: https://www.procurementexpress.com/nonprofit-organizations/manage-stress/

Are You A Purchase Order Mistake Waiting To Happen

WEBYour Purchase order is the final official document and form of communication between you and the supplier. Make sure that they did not add any surcharges and other costs that …

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7 Important Financial Ratios Every Charity Leader Should …

WEB4. Viability ratio. Net assets/long-term debt = Viability. As the name implies, this ratio measures the viability of the organization, i.e a higher viability ratio enables …

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How Does Spend Culture Impact Growth- Bottomline

WEBSpend culture refers to how organizations spend (or save) their capital. More than a system for setting budgets or planning the next big investment, spend culture represents the …

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How To Reduce Risk On Construction Projects

WEBTip 3 Implement automated reporting systems. No construction project manager has the time to reply to hundreds of emails a day or use the phone to call and address every …

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How Being A CFO Is Affecting Your health

WEBPunch Outs . Turn your online shopping cart order into a draft PO

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How NGOs Build Powerful Brands

WEB5.Keep a close eye on your budget. It’s important that NGOs maintain a sound financial position. Any NGO that continues to squander donated funds will attract negative media …

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Getting Your Procurement Budget Under Control

WEBA procurement budget tells us what we can and can’t afford—and serves to inform our purchasing strategy. While a procurement budget can warn us when finances spiral out …

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What is Environmentally Preferable Purchasing

WEBEnvironmentally preferable purchasing involves choosing products and services that will have no negative effect on the human body, society and the environment when …

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Revenue is Vanity, Profit is Sanity but Cash is King

WEBIn this episode of the Gross Profit Podcast, James and Garret discuss the main differences between cash, cash flow and profit. Everyone who works in finance quickly discerns the …

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Top 5 Budgeting Tips For NGOs.

WEBThe 2014 budget expenditure showed large tax collections of up to 16 percent more than the year before and boosted the revenue of about $4 billion and expenditure of $3.61 …

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Why companies should pre-qualify their suppliers.

WEBRight out of the gate, the question of why you should pre-qualify suppliers has a very simple answer: because it will reduce the risk of supplier failure. And the importance of reducing …

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5 Traits of Being in Control for Marketing CEOs

WEBLet’s face it; CEOs have a lot on their plate daily. So much that they can't be all eyes everywhere to track every cent that gets spent.

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Your Guide to having a Better Purchase Order Workflow

WEBAdditionally, a cloud-based purchase order workflow should include a method for reviewing quality, price, delivery times, compliance, and service. Consider how these elements …

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Why Nonprofits Should Use Reputation Risk Management

WEB3.A good reputation allows nonprofits to grow. Having a good reputation can benefit a nonprofit in a multitude of ways including opening offices. For example, UNICEF fights …

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5 Core Practices Found In Successful Construction Project …

WEBThese five strategies go beyond project management basics to prepare you for the intricacies of the role and direct your efforts toward success. 1. Create a flow of …

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Why there was no control over Positive Action funds

WEBIRELAND – The audit report by the Health Service Executive revealed that there was no control over Positive Action funds. Positive Action Ltd was founded by Bernadette …

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Principles of Accounts Payable Not To Be Ignored

WEBInvestopedia defines Accounts payable (AP) as: “An accounting entry that represents an entity’s obligation to pay off a short-term debt to its creditors. Another common usage of …

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