![]() 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 email. 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
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Our BlogWelcome 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! Top ArticlesHow "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 NewsBlue Fox Teams Up With Bloomerang to Develop Nonprofit Resources
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