ClickTime Blog
Strategic Forecasting Part 3: Modeling Staffing and Productivity Curves for Accurate Financial Planning
In part one of this series of articles, I discussed "Strategic Financial Forecasting: How Time Tracking Data Transforms Multi-Year Financial Models." In part two, I focused on "Building a Calendar System that Anchors Multi-Year Models." In this article, I will explain how to create staffing and resource allocation models using actual productivity curves for more accurate and actionable forecasts.
The 5 Best QuickBooks-Compatible Time Tracking Software - A Nonprofit Guide
Efficient time tracking is essential to your nonprofit’s accounting. More so than the typical corporation, nonprofits have to adhere to strict regulations to maintain their status as such with the IRS and the FASB.
Is the Four-Day Workweek Already Here?
The five-day workweek has been the American standard for just over a century; Monday to Friday, with weekends off for rest, relaxation, family time, et cetera. But what if it didn’t have to be?
Unlimited Vacation: Is It Too Good to Be True?
The majority of employees aren't only looking for the highest paycheck—they want the best, most comprehensive benefits package. And whoever offers the perks that match the lifestyles that potential employees want to achieve is going to be a recruiting powerhouse. And this includes unlimited time off.
Online Fundraising: How to Become a (Human) Fundraising Machine
The world is changing—and more rapidly than ever before. The issues that matter change and evolve, as do the ways that we connect with people. And so too should the way that you raise money for your cause, because one thing remains constant: none of us can change the world alone. It takes people coming together and giving their time, their energy, and yes, their money to accomplish great things. And in the internet age, we have more tools than ever for uniting people around a common goal.
Nonprofit Annual Reports: (Almost) Everything You Need to Know
In a world of Facebook, Twitter, and YouTube, a printed nonprofit annual report feels a bit out of place. Anytime, anywhere access to data, news, photos, and videos has prompted many nonprofits to rethink how they share their story. Increasingly, organizations publish annual impact and financial data online.
In-Kind Donation: Your Guide to Raising Money without Raising Money
Donations are the lifeblood of nonprofits and charities. But it's not only cash donations that matter — in-kind donations play a major role.
Private Inurement: What You Need to Know
Nonprofit organizations simply can't operate to benefit private individuals. Not even a little bit.
Cost Analysis Fundamentals for the Rookie IT Manager
With great power comes great responsibility, and for a rookie IT manager, managing a big IT budget can lead to new questions you may not be able to answer.
Functional Expenses Are Changing: FASB’s New Nonprofit Standards
FASB Accounting Standards Update (ASU) 2016-14 was issued in August 2016 after a significant amount of time deliberating the issues in not-for-profit financial reporting. The current reporting model was enacted in the mid-90s, so FASB thought it would be a good idea to revisit the core principles in our industry. As a result, there are significant changes to the standard. And, the standard is applicable now beginning with not-for-profits with fiscal years beginning after Dec. 15, 2017.
Why Measuring Results Is Not Enough
PR is nothing without measuring results — impressions, positive mentions, traffic, lead acquisition, brand sentiment, tweets, likes, upvotes. The list goes on and on.
Volunteer Management: The Complete Guide for Your Non-Profit
Volunteers are a vital resource for nonprofits. Dedicated individuals who believe so deeply in a cause that they willingly give their time without expectation of recompense — they truly are incredible people. But for many nonprofits, managing their volunteer force has become a recurring issue. Without the right tools and techniques, it can become difficult to retain volunteers over time, to make them feel that they are accomplishing something, or even to use their time and effort effectively. Many volunteers cite either a lack of communication or of clear focus in their roles as primary reasons why they have left an organization. Feeling like they didn’t make a difference was another.
Market Analysis: 4 Things Every Business Consultant Should Know
Business consulting — the business of boosting business for others — is no easy feat. You not only have to have a firm grasp on the ins and outs of commerce, various markets, and more, but you need to be adaptable, ready to change as quickly as industries change. In other words, pretty quick!
Motivating Your Team: How to Make Work Matter
Motivation’s a tricky thing. We often imagine that it’s prompted by external rewards or punishments (in fact, the whole conditioning theory of psychology is based on this idea), but in fact motivation isn’t just a response to external stimuli: motivation really takes hold when we internalize those goals, when they become a part of us.
Small-Business Accounting: Can Entrepreneurs Do It All?
Small-business owners have a million worries: How can I grow my business?
How to Estimate Costs When Starting a Small Business
If you’re planning on investing in a startup business, there are several things to consider. By “starting from scratch” you’re not going the path of the franchise. This may be the best option for many reasons: there might not be a franchise that you feel fits your personal philosophy, or it may just be uneconomical depending on the type of business you’re choosing. Most of all, starting on your own means you get to decide your own ideals, and put into practice a vision that you identify with and want to share with others.
