There are a number of thrilling occasions of the 12 months for nonprofit finance professionals—funds season, audits, year-end shut. However certainly one of our favorites is true across the nook: bbcon 2024!
Whether or not you wish to hear about product updates like automated funds and AI or brush up on fund accounting greatest practices, you don’t wish to miss these bbcon 2024 monetary administration periods.
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 snug with the Complete Internet Resolution, you may hear about new methods to avoid wasting time and get extra correct information out of your monetary system.
Members of the Monetary Edge NXT product group 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 great 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 can even 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 fee processing. They may present you ways Cost Assistant might help with fraud prevention, elevated effectivity, and improved safety on your funds.
The Complete Internet Resolution has been the precedence for the Monetary Edge NXT group for the final a number of years. With the date for all performance to be accessible in net view drawing nearer, you received’t wish to miss Brenda Noiseux and Heather Johnson’s session Blackbaud Monetary Edge NXT: Pioneering Innovation and Future Course in Fund Accounting. They may discover the roadmap past the full net answer with a deal with real-world functions of AI and enhanced interoperability throughout the NXT suite.
Related Techniques
Talking of interoperability throughout our NXT options, there might be a number of periods 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 Faculty within the session Searching for Greater Donor Affect?They may focus on the significance of getting each your improvement and funds groups concerned in donor stewardship. Kyle will speak about how Avon Previous Farms Faculty is bridging these workplaces to offer significant information each to his donors and to the Board.
Getting a little bit additional into the small print 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’ll dive into the options to indicate you what is feasible to make your group stronger collectively, and fewer adversarial.
Greatest Practices
You come to bbcon to find out about 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 function. 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 experiences. In The Artwork of Charts: Selecting the Proper Visualizations to Inform Your Story, Alicia Eastvold from Your Half-Time Controller, LLC, will share ideas, methods, and examples of efficient storytelling graphics. She can even spotlight common greatest practices for primary design ideas for information visualization to make your experiences simpler to know.
Are you prepared to essentially perceive methods to get probably the most actionable information 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 Information. They’ll present you ways you should use organization-specific coding to research your funds and make data-driven choices. You’ll discover ways to use Perception Designer to design your individual customized insights to satisfy your specialised wants, dig deeper into evaluation, and drive extra motion.
In case your group obtained among the greater than $1 trillion in federal authorities funding that was accessible 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 infrequently 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 outline of the up to date necessities and expectations primarily based on the brand new Common Steering modifications.
Change is one thing nonprofit organizations, foundations, and colleges perceive all too nicely. However sustaining your group’s monetary well being will be troublesome when it seems like the ground is at all times shifting beneath you. Of their session, Preserving the Deal with Monetary Well being, Sustainability, and Working Reserves, CPAs Paul Preziotti and A. Michael Gellman will discover methods to assist senior management higher perceive and monitor the steadiness sheet and working reserves. From an earnings assertion standpoint, they’ll focus on the hidden advantages of segregation of duties and the way overhead bills and allocation of oblique prices influence the “backside line.”
Important Stage Can’t Miss
Don’t overlook to have a look at periods outdoors of fund accounting for another incredible alternatives for studying and connection.
In case you are like most organizations, you—or your workers—have been incorporating AI-powered instruments into your day by day processes. And in case you are like most organizations, you’re questioning in case you are taking the suitable strategy to this new expertise. Holly Herbert, the Director of Information Intelligence for Blackbaud, will discover methods to empower your workers to interact in Generative AI innovation safely and with intention. Her session, Amplifying Worker Affect By way of Generative AI, will enable you to future proof your expertise whereas driving influence.
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 she or he’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 chums she misplaced to HIV/AIDS.
Can’t Make It to Seattle? Be a part of Us Just about!
Even should you can’t make it to the Emerald Metropolis in particular person, you may nonetheless register for digital bbcon. You’ll get entry to plenty of the nice periods and studying alternatives. You’ll be able to study extra and register for each in-person and digital bbcon at https://www.bbconference.com/2024/.