The Vena Q2-2020 Benchmark Report is based on a survey of 350 business leaders and finance and operations professionals. The online survey took place during the month of May 2020 and included respondents from across a range of industries, including Food Service, Manufacturing, Health Care and Nonprofit, RealEstate and Development, Technology, Sports and Insurance. …
Learn how Vena can help your accounting processes and budgeting in this 3-minute video. Please fill out the form to view the video:
The ERM Initiative at NC State is pleased to offer this resource, Getting Started with Enterprise Risk Management: A Guide for Nonprofits. The guide is loaded with rich, tactical insights from a number of risk management professionals in the nonprofit sector who share their experiences, challenges and lessons learned during their journey of implementing and enhancing their…
From an operations perspective, you need to integrate front- and back-office systems and automate core processes. And, in many cases with multiple entities and locations, you even have distributed work teams. How will you handle payables across multiple locations or consolidate the books quickly each month – without cumbersome spreadsheets? It comes down to a…
Another year has come to a close, and a new one starts. Trends and countless surveys are showing that forcing a return to 100% in-office work will not bode well for organizations. “The great resignation” is happening in part because talented team members know that they can find employee-first organizations who understand there’s no reason…
The events of 2020 and 2021 have heightened awareness of the need for more and better risk management in the nonprofit sector. Enterprise risk management (ERM) is a long-term investment that improves an organization’s financial strength, operational efficiency, program effectiveness, and resilience during uncertain times. Sponsored by GRF CPAs & Advisors, Getting Started with Enterprise…
Whether a third-party is part of the supply chain or an outsourced information technology services provider, organizations are increasingly implementing third-party risk management (TPRM) programs to ensure third-parties are not creating additional exposure for them. Successful outsourcing relationships with effective risk management allow the organization to safely procure goods and services and focus on their…
Cloud Financials Allow Organizations to Focus on the Future Fast-moving enterprises understand the importance of right-time information to compete successfully in a digitally connected world. Implemented in just a few months or even weeks, a cloud financial system delivers financial data in a business context that demonstrates the real-world impact of decisions. Cloud financials support…
Assess your organization’s risk with these checklists Is your organization focused on the right issues when it comes to privacy, IT asset protection and third party risk management? To help clients identify and prioritize the most critical risks, GRF has developed comprehensive checklists that highlight vulnerable areas for most organizations. Use these checklists to analyze…
Business Continuity Planning Provides Organizational Resilience Unplanned disruptions can adversely affect the operations of any organization, no matter the size, putting it and its stakeholders at significant risk. Fortunately, strategic investments and scenario planning can give your organization a competitive advantage over those who are unprepared for a variety of contingencies. Business Continuity Plans (BCP)…
Slide Deck Digital technology is changing the way associations operate. As we look toward 2020, digital disruption offers a number of benefits, but the risk associated with transformation is real and addressing that risk should be a top priority. The good news? With careful planning and coordination, association leaders can take action to combat risk…