There are a number of thrilling occasions of the 12 months for nonprofit finance professionals—price range season, audits, year-end shut. However certainly one of our favorites is correct across the nook: bbcon 2024!
Whether or not you need to hear about product updates like automated funds and AI or brush up on fund accounting greatest practices, you don’t need to miss these bbcon 2024 monetary administration classes.
Product Updates
As out of your in-product notifications and emails, there’s a lot occurring with Blackbaud Monetary Edge NXT®. Along with understanding and getting comfy with the Complete Net Resolution, you possibly can hear about new methods to save lots of time and get extra correct knowledge out of your monetary system.
Members of the Monetary Edge NXT product workforce will current on how automated funds and AI developments are coming to your accounts payable. Within the session Revolutionizing Accounts Payable with FENXT: Automated Workflows and AI Developments, Heather Johnson, Brad Bonham, and Regina Okonkwo will discover the excellent procure-to-pay processes already at your fingertips in addition to their imaginative and prescient for the long run. This consists of Expense Administration, Buy Requests, WebPurchasing, and Approval Workflows. They may also contact on the developments occurring with AI-powered doc intelligence that may make bill scanning and automation a breeze.
Want extra details about Cost Assistant? Catch the session Unlocking Effectivity with Cost Assistant: Monetary Edge NXT’s Automated Cost Resolution, with Hallie Hurwitz, Reese Hopkins, and Chris Turner as they discover the way forward for cost processing. They may present you ways Cost Assistant may also help with fraud prevention, elevated effectivity, and improved safety to your funds.
The Complete Net Resolution has been the precedence for the Monetary Edge NXT workforce for the final a number of years. With the date for all performance to be obtainable in internet view drawing nearer, you gained’t need to miss Brenda Noiseux and Heather Johnson’s session Blackbaud Monetary Edge NXT: Pioneering Innovation and Future Path in Fund Accounting. They may discover the roadmap past the entire internet answer with a give attention to real-world functions of AI and enhanced interoperability throughout the NXT suite.
Linked Methods
Talking of interoperability throughout our NXT options, there might be a number of classes highlighting the advantages of getting your fundraising and fund accounting programs work collectively.
Blackbaud’s Katherine Liles and Katie Turner will discuss with Kyle Abraham from Avon Previous Farms College within the session In search of Larger Donor Influence?They may focus on the significance of getting each your improvement and funds groups concerned in donor stewardship. Kyle will discuss how Avon Previous Farms College is bridging these workplaces to supply significant knowledge each to his donors and to the Board.
Getting a bit additional into the main points of a Monetary Edge NXT and Blackbaud Raiser’s Edge NXT integration, Heather LeVan and Julia Wehmeyer present you how one can get a cohesive cash story throughout your group. Of their session, Companions or Adversaries: How Fundraising and Finance Can Share a Cohesive Cash Story with Blackbaud Raiser’s Edge NXT and Blackbaud Monetary Edge NXT, they are going to dive into the options to point out you what is feasible to make your workforce stronger collectively, and fewer adversarial.
Greatest Practices
You come to bbcon to study what’s new with the merchandise that energy your group, certain. However you additionally come to discover ways to get higher at utilizing the instruments you have already got.
Reporting is a key a part of any finance skilled’s position. From required statements of monetary place and budgets to dashboards that examine your income streams over time, you typically share your monetary tales via your studies. In The Artwork of Charts: Selecting the Proper Visualizations to Inform Your Story, Alicia Eastvold from Your Half-Time Controller, LLC, will share suggestions, methods, and examples of efficient storytelling graphics. She may also spotlight common greatest practices for primary design ideas for knowledge visualization to make your studies simpler to know.
Are you prepared to essentially perceive the best way to get essentially the most actionable knowledge out of your fund accounting system? Be a part of Blackbaud College instructors Marie Broek and Maire Moriarty for his or her session, Perception Designer: Harnessing the Energy of Your Blackbaud Monetary Edge NXT Knowledge. They’ll present you ways you should use organization-specific coding to investigate your funds and make data-driven selections. You’ll discover ways to use Perception Designer to design your individual customized insights to fulfill your specialised wants, dig deeper into evaluation, and drive extra motion.
In case your group obtained a few of the greater than $1 trillion in federal authorities funding that was obtainable prior to now few years, you could now be making an attempt to navigate the advanced federal grant necessities. Rachel Werner from MyFedTrainer will lead the session Inner Controls: Your Blueprint for Sustaining Accountability of Your Federal Grants that will help you make sense of this daunting and sometimes difficult course of. She’ll present a step-by-step course of for integrating federal grant compliance into your group’s inner controls. She’ll additionally present an summary of the up to date necessities and expectations based mostly on the brand new Common Steerage adjustments.
Change is one thing nonprofit organizations, foundations, and faculties perceive all too effectively. However sustaining your group’s monetary well being could be troublesome when it looks like the ground is all the time shifting beneath you. Of their session, Protecting the Deal with Monetary Well being, Sustainability, and Working Reserves, CPAs Paul Preziotti and A. Michael Gellman will discover the best way to assist senior management higher perceive and monitor the stability sheet and working reserves. From an earnings assertion viewpoint, they are going to focus on the hidden advantages of segregation of duties and the way overhead bills and allocation of oblique prices impression the “backside line.”
Fundamental Stage Can’t Miss
Don’t neglect to have a look at classes exterior of fund accounting for another unbelievable alternatives for studying and connection.
In case you are like most organizations, you—or your employees—have been incorporating AI-powered instruments into your every day processes. And if you’re like most organizations, you’re questioning if you’re taking the suitable strategy to this new expertise. Holly Herbert, the Director of Knowledge Intelligence for Blackbaud, will discover methods to empower your workers to interact in Generative AI innovation safely and with intention. Her session, Amplifying Worker Influence By way of Generative AI, will provide help to future proof your expertise whereas driving impression.
And positively don’t miss the principle stage dialog with Sheryl Lee Ralph. Sheryl stars as “Barbara” on ABC’s present smash hit Abbott Elementary, and he or she’s a passionate advocate for schooling. She is the founding director of DIVA (Divinely Impressed Victoriously Anointed) Basis 501(c)(3), created in reminiscence of the buddies she misplaced to HIV/AIDS.
Can’t Make It to Seattle? Be a part of Us Just about! Â
Even in case you can’t make it to the Emerald Metropolis in individual, you possibly can nonetheless register for digital bbcon. You’ll get entry to numerous the nice classes and studying alternatives. You’ll be able to be taught extra and register for each in-person and digital bbcon at https://www.bbconference.com/2024/.
