Case Study: a Seattle-based international nonprofit clarifies financial reporting and avoids costly stopgap fixes with Point B

Identifying the Real Cost of a Stopgap Solution

The Seattle-based international nonprofit, which manages hundreds of millions in grants, faced a significant challenge as rapid growth rendered its 40-year-old financial reporting system obsolete. The organization's outdated numeric project code structure was exhausted and repurposed for unintended data tracking, leading to manual reconciliations, data silos, and a lack of a single source of truth. They engaged Point B to assess their needs and plan a restructuring of the code sequence.

Point B conducted a thorough assessment, interviewing stakeholders across the organization and identifying that a simple code expansion would be a costly temporary fix. Instead, Point B developed a holistic picture of the financial information needs and delivered a comprehensive recommendation, project plan, and charter for a full system restructuring. This solution ensured all future stakeholders would have access to consistent, useful data, helping the client avoid the hidden costs of a stopgap solution and revealing new opportunities to save time and resources.