Building a Strong Finance Department Infrastructure: Is Your Nonprofit Ready For the New Reality?

The New Reality: Remote and Hybrid Work

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Finance departments are facing many challenges in this new reality

The New Year brings a New Reality to nonprofit organizations. Working arrangements for staff, physical workspace and daily operations have changed. The changes present the following challenges:

• Staff have a remote or hybrid work schedule with limited ability to work collaboratively onsite;
• Operating procedures have changed and internal controls can be compromised;
• Online access to files and automated systems must be provided;
• The risk of cyberattacks and fraudulent activity should be mitigated. 

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