Case Study: a nonprofit organization improves grant management and cash flow with BDO outsourced finance and accounting

a nonprofit organization improves cash flow with BDO’s 12-to-18-month forecasting

A nonprofit organization faced significant finance and accounting challenges after receiving a major grant exceeding $10 million. The new funding, which included complex reporting from over 40 subgrantees, overwhelmed their existing systems, creating a reporting backlog, hurting cash flow, and reducing financial transparency. They turned to BDO for outsourced finance and accounting services.

BDO implemented a holistic solution, streamlining grant management and updating the organization's chart of accounts and technology. They created a customized dashboard and a cash flow projection report providing 12-18 month visibility. As a result, BDO helped clear the reporting backlog, improving cash flow management and stakeholder transparency. The client gained efficient tools for budgeting and forecasting to support its mission.