Posts by Jonathan Chan
Manual Payables? You’re Probably Losing Money and Don’t Know It
I have a version of this conversation almost every week. A nonprofit leader tells me the books feel behind, the month-end close drags on, and they never quite know where the cash is going. Then I ask how they pay their bills and manage their cards. The answer is almost always some mix of the…
Read MoreWhy a Clean Audit Can Still Leave Nonprofit Leaders Exposed
For many nonprofit leaders, getting through the annual audit feels like a finish line. The auditors have reviewed your controls, the year-end close is complete, and you’ve received a clean opinion. That’s good news. But a successful audit does not automatically mean you are in the clear. At Trustward, we regularly see nonprofit leaders run…
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