BLUE FOX | Accounting for Nonprofits and Social Enterprises
  • Accounting Services
    • Employee Retention Credit (ERC) Eligibility
  • Tax Preparation
    • Tax Deadlines
  • About
    • Our Founder & CEO
    • Our Team
    • Our Clients
    • Now Hiring: Bookkeeper
    • Our Philosophy
    • Benefits of Outsourced Accounting Services for Nonprofits
    • Technology Solutions
    • Testimonials
    • FAQs
    • Join the Team >
      • Now Hiring: Tax Specialist (Remote)
  • Blog
  • Freebies
  • Contact
  • Subscribe

Blue Fox + Bill.com = Clean Audits & Happy Clients

8/26/2020

0 Comments

 
Picture
​Raise your hand if you love being audited.
Anyone? Anyone?
We didn’t think so.
 
At most companies, audit time causes anxiety and panic. And, the pressure doesn’t stop there. As a financial services and advisory firm, we’re under the microscope too.
 
For many nonprofit organizations an audit is an annual occurrence (often mandated in the bylaws or by state law). From a fundraising perspective, a clean audit can demonstrate sound financial stewardship and pave the way for increased donor trust and giving. That’s why our team at Blue Fox views a client audit as a management and marketing opportunity, as well as an important financial management exercise.
 
Using the right tools and technology, we’ve reduced the tedious audit process from an average 10 hours down to just 2. That’s an entire workday saved – you’re welcome! How did we do it? One app: Bill.com.  
 
We’re such big fans of Bill.com’s audit effectiveness that Bill.com asked our CEO, Chantal Sheehan to write about it on their blog.
 
In the full article, How to Help Your Clients Get a Clean Audit, she highlights 3 key features at Bill.com that help our clients get clean, fairly painless audits each year:
 
(1)  Digitized, paperless records
(2)  Enforcement of internal controls
(3)  Audit trail feature
 
The full article gives specific details and examples. It’s a must read!
 
Is your organization looking for nonprofit audit preparation services? Give us a call at (321) 233-3311 or request a meeting. We’ll get you sorted! Then you can focus on what really matters: your mission and serving your community.
 
Related Articles
5 Tips to Get You A Clean Audit Every Year
Nonprofits - It's Time to Automate Your Back Office
10 Reasons to Outsource Your Nonprofit Accounting


0 Comments

Your comment will be posted after it is approved.


Leave a Reply.

    Our Blog

    Welcome to the Blue Fox Blog! A fairly entertaining source of info and news related to our company, nonprofits, social sector trends, and, of course, accounting. Enjoy!

    Subscribe

    Top Articles

    Back to Basics: How to Set Up Your Nonprofit Chart of Accounts

    How "Small" Payroll Mistakes Cause Multi-Year S#!t Storms for Nonprofits


    Behind the Scenes, New Client Onboarding Call

    When to Hire a Tax Professional - 10 Factors to Consider

    40+ Ideas to Light a Fundraising Fire Under Your Nonprofit Board Members

    Why Outsource Your Nonprofit Accounting to Blue Fox?  Ask One of Our Newest Clients

    Client CASE STUDY: One of The Most Financially Sustainable Nonprofit Orgs We Know

    The Magical Nonprofit Financial Ratio Matrix

    10 Reasons to Outsource Your Nonprofit Accounting
    ​
    How to Make Your Nonprofit Recession-Proof


    ​How to Engage Your Board of Directors in Financial Conversations

    QB Tip of the Month: How to Use Classes for Painless Grant Writing
    ​
    When to Hire an Accountant for Your Social Impact Org

    Are You Paying Too Much for Payroll?

    Company News

    Blue Fox Teams Up With Bloomerang to Develop Nonprofit Resources

    Blue Fox Earns Better Business Bureau Accreditation

    Blue Fox Launches Protected By Logo
    ​
    Blue Fox - The Origin Story
     

    Categories

    All
    Blue Fox Foundation
    Company News
    For Individuals
    For Nonprofits
    For Social Enterprises
    Press Announcements

    Archives

    March 2023
    January 2023
    October 2022
    September 2022
    August 2022
    July 2022
    June 2022
    May 2022
    April 2022
    March 2022
    December 2021
    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    November 2018
    October 2018
    September 2018

    RSS Feed

Request A Quote

Services

Subscribe

Contact

Disclaimer


Picture
Picture
NTEN Nonprofit Technology Network Member
QuickBooks Certified ProAdvisor
Picture
Picture
Picture
Picture
Picture
Picture
Certified Financial Planner
Picture

BLUE FOX
Phone:
(321) 233-3311, Email: hello@yourbluefox.com
Mailing Address: 2542 Woodfield Circle, Melbourne, FL 32904
Copyright © 2023 - All Rights Reserved
​
​Holiday office closures:
To give our employees time to unplug and refresh with their family and friends, the Blue Fox virtual office closes 
for all federal holidays, the week of Thanksgiving, and the week between Christmas and New Year's Day.
  • Accounting Services
    • Employee Retention Credit (ERC) Eligibility
  • Tax Preparation
    • Tax Deadlines
  • About
    • Our Founder & CEO
    • Our Team
    • Our Clients
    • Now Hiring: Bookkeeper
    • Our Philosophy
    • Benefits of Outsourced Accounting Services for Nonprofits
    • Technology Solutions
    • Testimonials
    • FAQs
    • Join the Team >
      • Now Hiring: Tax Specialist (Remote)
  • Blog
  • Freebies
  • Contact
  • Subscribe