Financial leaders at nonprofits must address even greater difficulties than their for-profit counterparts. It can be a result of thin or part-time staffing (and sometimes merely volunteers). There are always tight budgets, primitive tools (think of dozens of spreadsheets from multiple contributors), and far-flung management teams. Nonprofit CFOs are under pressure to do more with less. How can a CFO survive this challenging environment? We’ve put together 5 key survival tips for NFP CFOs.
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