Five Forecasting Best Practices for Nonprofits

Nonprofits require strict fiscal management. Their budgets must be accurate to ensure they operate within their means, and work that must be transparent to demonstrate they are good stewards of the endowments and donors’ funds.

Workday Adaptive Planning is a budgeting, planning, and reporting application that includes multidimensional, driver-based modeling capabilities along with fully integrated insight into scenario planning and grant planning, as well as cash flow projections.