{"id":23733,"date":"2024-07-01T07:00:09","date_gmt":"2024-07-01T11:00:09","guid":{"rendered":"https:\/\/www.sage.com\/en-us\/blog\/?p=23733"},"modified":"2025-03-18T14:14:25","modified_gmt":"2025-03-18T18:14:25","slug":"nonprofit-grant-tracking-changes","status":"publish","type":"post","link":"https:\/\/www.sage.com\/en-us\/blog\/nonprofit-grant-tracking-changes\/","title":{"rendered":"7 grant tracking changes that\u2019ll make a big difference to your mission"},"content":{"rendered":"<header class=\"entry-header has-dark-background-color entry-header--has-illustration entry-header--has-illustration--generic\">\n\t<div class=\"container\">\n\t\t<div class=\"entry-header__row row align-center\">\n\t\t\t<div class=\"col col-lg-7 col-xlg-6 entry-header__content\">\n\t\t\t\t\t\t\t<div class=\"component component-single-header\">\n\t\t\t\t\t\t\t\t\t\t<div class=\"entry-header__misc text--subtitle text--uppercase text--small\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.sage.com\/en-us\/blog\/category\/money-matters\/\" class=\"entry-header__link\">Money Matters<\/a>\t\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t<div class=\"entry-title-wrapper\">\n\t\t\t\t\t<h1 class=\"entry-title\">\n\t\t\t\t\t\t7 grant tracking changes that\u2019ll make a big difference to your mission\t\t\t\t\t<\/h1>\n\t\t\t\t<\/div>\n\n\t\t\t\t\t\t\t\t\t<p class=\"entry-header__description\">\n\t\t\t\t\t\t\t\t\t\t\t<\/p>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t<\/div>\n\t\t<div class=\"single-post-details container\">\n\t\t<div class=\"col\">\n\t\t\t<span class=\"posted-on \">Published <time class=\"entry-date published\" datetime=\"2024-07-01T07:00:09-04:00\">July 1, 2024<\/time><\/span><span class=\"reading-time\"> min read<\/span>\n\t\t<button\n\t\t\ttype=\"button\"\n\t\t\tclass=\"social-share-button button button--icon button--secondary js-social-share-button\"\n\t\t\tdata-share-title=\"7 grant tracking changes that\u2019ll make a big difference to your mission\"\n\t\t\tdata-share-url=\"https:\/\/www.sage.com\/en-us\/blog\/nonprofit-grant-tracking-changes\/\"\n\t\t\tdata-share-text=\"Please read this interesting article\"\n\t\t>\n\t\t\t<span class=\"social-share-button__share-label\">Share<\/span>\n\t\t\t<span class=\"social-share-button__copy-label\" hidden>Copy Link<\/span>\n\t\t\t<span class=\"social-share-button__copy-tooltip\" aria-hidden=\"true\" hidden>Copied<\/span>\n\t\t<\/button>\n\n\t\t\t\t<\/div>\n\t<\/div>\n\t<\/header>\n\n\n<div class=\"wp-block-post-author has-dark-background-color alignfull\">\n\t<div class=\"container\">\n\t\t<div class=\"col\">\n\t\t\t\t\t\t\t<div class=\"co-authors\">\n\t\t\t\t\t\n\t\t<div class=\"entry-author-wrapper\">\n\t\t\t<a class=\"entry-author\" href=\"https:\/\/www.sage.com\/en-us\/blog\/author\/nancy-master\/\">\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"40\" height=\"40\" src=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/03\/1533142329170-350x350.jpg\" class=\"entry-author__image\" alt=\"\" srcset=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/03\/1533142329170-350x350.jpg 350w, https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/03\/1533142329170.jpg 500w\" sizes=\"auto, (max-width: 40px) 100vw, 40px\" \/>\t\t\t\t<span class=\"entry-author__name\">Nancy Master<\/span>\n\t\t\t<\/a>\n\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t<\/div>\n<\/div>\n\n\n\n<p class=\"wp-block-paragraph\">Nonprofits operate in a rapidly changing, unpredictable world.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It is important to maintain financial resilience to adapt to changing funding conditions and respond to new needs that arise in your mission. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Grants from foundations, public and government agencies, and other grant-making institutions offer a significant and potentially renewable source of funding that can secure your organization\u2019s financial health. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Unlike loans, grants do not require repayment.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Complimentary e-book: <a href=\"https:\/\/www.sage.com\/en-us\/sage-business-cloud\/intacct\/resources\/datasheets\/sage-intacct-for-grantmakers\/\" target=\"_blank\" rel=\"noreferrer noopener\">7 Proven Grant Management Best Practices for Growing Nonprofit Funding<\/a><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Grant funding has become an essential part of many nonprofits\u2019 strategic funding plans.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In the <a href=\"https:\/\/www.sage.com\/en-us\/sage-business-cloud\/intacct\/resources\/white-papers\/trends-report-not-for-profit-2024\/\" target=\"_blank\" rel=\"noreferrer noopener\">2024 Nonprofit Technology Trends<\/a> report, nonprofit finance leaders reported their biggest increase in funding this year came from government funding, followed by foundation grants.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">With greater grant funding comes greater accountability, compliance, and transparency. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">To earn renewals and win new grants, you need to be able to meet every grant requirement and restriction. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In this article, we will introduce seven changes to grant tracking that nonprofits can implement to impress grantors and earn the grants needed to advance mission impact.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-here-s-what-we-ll-cover\">Here&#8217;s what we&#8217;ll cover<\/h4>\n\n\n<?xml encoding=\"utf-8\" ?><div class=\"wp-block-yoast-seo-table-of-contents yoast-table-of-contents\"><ul><li><a href=\"#h-7-grant-tracking-changes-that-support-greater-mission-impact\" data-level=\"2\">7 grant tracking changes that support greater mission impact<\/a><ul><li><a href=\"#h-1-understand-the-grant-and-all-of-your-grantor-s-requirements\" data-level=\"3\">1. Understand the grant and all of your grantor&rsquo;s requirements .<\/a><\/li><li><a href=\"#h-2-ensure-compliance-with-donor-restrictions\" data-level=\"3\">2. Ensure compliance with donor restrictions<\/a><\/li><li><a href=\"#h-3-stay-on-top-of-revenue-spending-and-budgets\" data-level=\"3\">3. Stay on top of revenue, spending, and budgets<\/a><\/li><li><a href=\"#h-4-capture-accurate-costs-and-report-for-timely-reimbursement\" data-level=\"3\">4. Capture accurate costs and report for timely reimbursement<\/a><\/li><li><a href=\"#h-5-improve-visibility-with-dashboards-and-key-performance-indicators-kpis\" data-level=\"3\">5. Improve visibility with dashboards and Key Performance Indicators (KPIs)<\/a><\/li><li><a href=\"#h-6-automate-reporting-to-grantors\" data-level=\"3\">6. Automate reporting to grantors<\/a><\/li><li><a href=\"#h-7-earn-a-clean-audit-opinion\" data-level=\"3\">7. Earn a clean audit opinion<\/a><\/li><\/ul><\/li><li><a href=\"#h-final-thoughts\" data-level=\"2\">Final thoughts<\/a><\/li><li><a href=\"#h-about-the-author\" data-level=\"2\">About the author<\/a><\/li><\/ul><\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-7-grant-tracking-changes-that-support-greater-mission-impact\"><strong>7 grant tracking changes that support greater mission impact<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Nonprofits can increase success with grant funding by streamlining grant management workflows and incorporating best practices that lead to grant renewals. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Here are seven grant tracking changes you can make using technology to automate and streamline your grant management process.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-1-understand-the-grant-and-all-of-your-grantor-s-requirements\">1. <strong>Understand the grant and all of your grantor\u2019s requirements<\/strong>.<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Your accounting team should never find out about a new grant because they\u2019ve received the first payment. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Instead, you will want to centralize all information about a grant in your <a href=\"https:\/\/www.sage.com\/en-us\/sage-business-cloud\/intacct\/industry\/nonprofit\/\" target=\"_blank\" rel=\"noreferrer noopener\">nonprofit financial management system<\/a> as soon as it is awarded. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The development and finance teams should work together at the start of a new grant, and giving both teams access to cloud-based grant tracking capabilities within your nonprofit accounting system is a best practice that streamlines this workflow.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It is essential that you understand the amount of the grant, what date it begins and ends\/renews, grantor contacts, who is managing the grant within your organization, and business rules governing the grant including reporting requirements, audit requirements, and cost principles.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Your grant records should include any details unique to your program delivery.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.sage.com\/en-us\/sage-business-cloud\/intacct\/product-capabilities\/extended-capabilities\/grants-tracking-billing\/\" target=\"_blank\" rel=\"noreferrer noopener\">Sage Intacct Grants Tracking and Billing<\/a> helps nonprofits manage grants efficiently and accurately while ensuring compliance with grantor requirements. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It centralizes grant records and reports, making it easy to track the tasks and expenses associated with each grant.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-2-ensure-compliance-with-donor-restrictions\">2. <strong>Ensure compliance with donor restrictions<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">A number of grants are accompanied by substantial grantor limitations, outlining the usage, timing, and scope of the granted funds. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Furthermore, most grants have specifications relating to transparency, reporting, and audits. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Government federal awards adhere to the Uniform Guidance for grant stipulations, encompassing cost principles and audit criteria. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">While foundations and corporations may have less rigorous requirements, there will still likely be guidelines regarding approved budgetary expenses and reporting obligations.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">You need to handle restricted funds with care\u2014spending funds on disallowed activities or before restrictions have lifted can risk losing the grant renewal. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Your team needs a way to quickly view the restrictions on each grant. Spreadsheets invite error. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The best practice is having your nonprofit accounting solution track restrictions and automatically record when funds become available.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-3-stay-on-top-of-revenue-spending-and-budgets\">3. <strong>Stay on top of revenue, spending, and budgets<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Throughout the grant period, nonprofits need to monitor expenses, budget, and cash flow carefully. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Most grants reimburse expenditures rather than provide payment upfront. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If you don\u2019t track spending against budget and timing of purchases against restricted funds, you could end up overspending. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">You also need to make sure expenses will qualify for reimbursement.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Given these constraints, it is easy to understand why having real-time visibility into revenue, spending, and budgets is so essential. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.sage.com\/en-us\/sage-business-cloud\/intacct\/industry\/nonprofit\/\" target=\"_blank\" rel=\"noreferrer noopener\">Modern, cloud-based nonprofit accounting solutions<\/a> enable you to see grant revenues and expenses in real-time, from anywhere in the world. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This will help your organization stay within budget and perform well financially.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-4-capture-accurate-costs-and-report-for-timely-reimbursement\">4. <strong>Capture accurate costs and report for timely reimbursement<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">When tracking costs for reimbursement, you don\u2019t want to accidentally overstate the amount of an expense. Nor do you want to lose track of expenses and miss out on reimbursement.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Accuracy is critical. And for the sake of efficiency, automation is essential. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Your nonprofit accounting system should be doing the heavy lifting in this area. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For example, in <a href=\"https:\/\/www.sage.com\/en-us\/sage-business-cloud\/intacct\/product-capabilities\/extended-capabilities\/grants-tracking-billing\/\" target=\"_blank\" rel=\"noreferrer noopener\">Sage Intacct<\/a>, the accounting team can associate entries with grants and flag reimbursable costs at entry to reduce billing errors. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It effortlessly gathers eligible charges for reporting and billing. Users can bill indirect costs based on negotiated rate, specific rate, or markup based on the type of expense.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">With most grants, you will also bill your employees\u2019 time against grant funds. It is important to ensure accuracy when capturing time spent on grant-supported activities. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">One best practice is using an integrated timekeeping system to relay data directly to your accounting solution. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If that isn\u2019t possible, then track time and approvals directly within the accounting system for accurate reporting and billing.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Complimentary e-book: <a href=\"https:\/\/www.sage.com\/en-us\/sage-business-cloud\/intacct\/resources\/datasheets\/sage-intacct-for-grantmakers\/\" target=\"_blank\" rel=\"noreferrer noopener\">7 Proven Grant Management Best Practices for Growing Nonprofit Funding<\/a><\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-5-improve-visibility-with-dashboards-and-key-performance-indicators-kpis\">5. <strong>Improve visibility with dashboards and Key Performance Indicators (KPIs)<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Winning grants and earning renewals takes teamwork\u2014and shared access to measures of financial performance and mission outcomes.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Therefore, nonprofits will want to track and report on Key Performance Indicators (KPIs) such as:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>How many grants do we have?<\/li>\n\n\n\n<li>What is the total value of grant funding?<\/li>\n\n\n\n<li>How does grant funding break out by source?<\/li>\n\n\n\n<li>What is the amount and age of receivables?<\/li>\n\n\n\n<li>How much of the grant budget has been spent?<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.sage.com\/en-us\/sage-business-cloud\/intacct\/resources\/datasheets\/nonprofit-reporting-and-dashboards\/\" target=\"_blank\" rel=\"noreferrer noopener\">Role-based dashboards<\/a> can be customized to an individual\u2019s responsibilities within the organization. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Dashboards gather the most relevant KPIs and reports in one place. This makes it easy to check in each morning or throughout the day to make sure everything related to grant funding (or other areas of responsibility) stays on track.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-6-automate-reporting-to-grantors\">6. <strong>Automate reporting to grantors<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Supplying grantors with the reports they require is critical to demonstrating accountability and earning grant renewals. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Nonprofits need to establish a workflow for producing accurate reports in a timely manner. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">When grantors have additional questions, they also need to be able to quickly perform ad hoc reporting to answer. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If your organization is relying on spreadsheets for reporting, it can take a lot of time and effort\u2014and too often, reports include errors. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Fortunately, cloud accounting and grant tracking solutions can automate report preparation. This will enable your team to easily slice and dice data to answer ad hoc questions.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-7-earn-a-clean-audit-opinion\">7. <strong>Earn a clean audit opinion<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Along with regular reporting and maintaining a great relationship with grantors, nonprofits gain additional credibility and transparency through outside audits. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A clean audit opinion helps establish trust with board members, grantors, and other donors. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In fact, many grantors require an audit. Thus, obtaining an audit can be costly. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">However, there are many ways nonprofits can use best practices to increase efficiency for the audit and lower costs. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The audit process can be streamlined with <a href=\"https:\/\/www.sage.com\/en-us\/sage-business-cloud\/intacct\/industry\/nonprofit\/\" target=\"_blank\" rel=\"noreferrer noopener\">cloud nonprofit accounting software<\/a>. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If your system allows it, you can grant secure, role-based read-only access to your auditor, allowing them to find reports quickly and drill down on transaction details without having to stop and circle back to your team. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Within Sage Intacct, you can set up a dashboard for your auditor that pulls together the most-requested reports and answer auditor questions using Sage Intacct Collaborate while the system keeps records of each interaction.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-final-thoughts\"><strong>Final thoughts<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">As grants from foundations, government agencies, and corporations make up a large and growing share of nonprofit funding, organizations need to ensure they have every helpful tool and best practice in place for tracking and managing grants well. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This will help ensure they can earn new and bigger grants, as well as earn grant renewals for sustainable revenue. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The right technology&#8211;including a cloud accounting solution built around nonprofit best practices\u2014adds efficiency and accuracy to grant tracking and management. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Download the<a href=\"https:\/\/www.sage.com\/en-us\/sage-business-cloud\/intacct\/resources\/datasheets\/sage-intacct-for-grantmakers\/\" target=\"_blank\" rel=\"noreferrer noopener\"> 7 Proven Grant Management Best Practices for Growing Nonprofit Funding e-book<\/a> for more details about how to set up grant tracking and management processes for success.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-about-the-author\">About the author<\/h2>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"752\" height=\"670\" src=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2024\/07\/nancy-master2.jpg\" alt=\"A headshot photograph of Nancy Master.\" class=\"wp-image-23740\"\/><\/figure>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-nancy-master\">Nancy Master<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">Nancy Master is a senior nonprofit industry marketing manager at Sage Intacct, dedicated to providing&nbsp;<a href=\"https:\/\/www.sage.com\/en-us\/industry\/nonprofit\/\">solutions for nonprofits<\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">From&nbsp;<a href=\"https:\/\/www.sage.com\/en-us\/industry\/nonprofit\/church\/\">accounting software for churches<\/a>, community development, education, healthcare, governments to foundations and philanthropic organizations, Sage Intacct offers comprehensive tools to support mission success.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">With over 15 years of experience in software marketing and nearly 20 years of experience working with a human services nonprofit organization, Nancy is passionate about helping nonprofits achieve their goals.<\/p>\n\n\n<div class=\"single-cta\">\n\t<div class=\"single-cta__positioner on-scroll-highlight__target\">\n\t\t<div class=\"single-cta__wrapper has-dark-background-color\">\n\t\t\t<div class=\"single-cta__content\">\n\t\t\t\t\t\t\t\t<h2 class=\"single-cta__title h3\">Subscribe to our Sage Advice Newsletter<\/h2>\n\n\t\t\t\t\t\t\t\t\t<div class=\"single-cta__description\">\n\t\t\t\t\t\t<p>Get our latest business advice delivered directly to your inbox.<\/p>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a\n\t\t\t\t\t\thref=\"#gate-ab515c6e-7e90-4c2f-a67e-113872516e8b\"\n\t\t\t\t\t\tclass=\"single-cta__button button button--primary\"\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t>Subscribe<\/a>\n\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<img decoding=\"async\" width=\"1440\" height=\"810\" src=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2022\/04\/GettyImages-1073797282-1440x810.jpg\" class=\"single-cta__image\" alt=\"Working from home with tea in hand\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2022\/04\/GettyImages-1073797282-1440x810.jpg 1440w\" sizes=\"auto, (min-width: 48em) 33vw, 100vw\" \/>\t\t\t<\/div>\n<\/div>\n\n<section class=\"more-topics alignfull has-grey-light-background-color wp-block-sage-post-topics\">\n\t<div class=\"container\">\n\t\t<div class=\"row\">\n\t\t\t<div class=\"col col-12 col-lg-4\">\n\t\t\t\t<h3 class=\"more-topics__title h2\">Browse more topics from this article<\/h3>\n\t\t\t<\/div>\n\t\t\t<div class=\"col col-12 col-lg-8\">\n\t\t\t\t<ul class=\"post-tags__list\">\n\t\t\t\t\t\t\t\t\t\t\t<li class=\"post-tags__item\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.sage.com\/en-us\/blog\/hub\/cfo\/\" class=\"post-tags__link button button--secondary\">\n\t\t\t\t\t\t\t\tCFO\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t<\/ul>\n\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n<\/section>\n\n<div class=\"alignfull wp-block-sage-related-posts\">\n\t<section class=\"related-posts card-grid has-dark-background-color\">\n\t<div class=\"container\">\n\t\t\t\t\t<div class=\"row\">\n\t\t\t\t<div class=\"col\">\n\t\t\t\t\t<h2 class=\"related-posts__heading related-posts__heading--featured h1\">Explore more wisdom<\/h2>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\n\t\t\t<div class=\"row related-posts__featured\">\n\t\t\t\t<div class=\"col card-grid__item\">\n\t\t\t\t\t<article\n\t\tclass=\"card-post related-post related-post-0 post-34206 post type-post status-publish format-standard has-post-thumbnail hentry category-money-matters tag-business-intelligence tag-business-strategy tag-cash-flow tag-cfo business_type-growing-business industry-hospitality card-post--is-clickable\"\n>\n\t<div class=\"card-post__media-wrapper\">\n\t\t<figure class=\"card-post__media\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1215\" height=\"810\" src=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-1454662719-1215x810.jpg\" class=\"card-post__image\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-1454662719-684x384.jpg 684w, https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-1454662719-768x512.jpg 768w, https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-1454662719-1215x810.jpg 1215w\" sizes=\"auto, (min-width: 48em) 250px, (min-width: 30em) 100vw, 100vw\" \/>\t\t\t\n\t\t\t\n\t\t\t\t\t<\/figure>\n\t<\/div>\n\n\t<div class=\"card-post__content\">\n\t\t\t\t\t<div class=\"card-post__label\">Recommended<\/div>\n\t\t\n\t\t\t\t\t<div class=\"card-post__meta\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"posted-on \"><time class=\"entry-date published\" datetime=\"2026-02-02T09:22:20-05:00\">February 2, 2026<\/time><\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"reading-time\">9 min read<\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\n\t\t<p class=\"card-post__title h3\">\n\t\t\t\t\t\t\t<a\n\t\t\t\t\tclass=\"card-post__title-link\"\n\t\t\t\t\thref=\"https:\/\/www.sage.com\/en-us\/blog\/cash-flow-mastery-multi-unit-hospitality\/\"\n\t\t\t\t>\n\t\t\t\n\t\t\tHow multi-unit hospitality operators can improve cash flow and liquidity\n\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/p>\n\n\t\t\n\t\t\t\t\t<p class=\"card-post__description\">\n\t\t\t\tStrong cash flow management helps multi-unit hospitality operators maintain stability, manage risk, and scale with confidence.\t\t\t<\/p>\n\t\t\n\t\t\t<\/div>\n\n\t<\/article>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\n\t\t\t\t\t<div class=\"row related-posts__non-featured\">\n\t\t\t\t<div class=\"col col-12\">\n\t\t\t\t\t<h2 class=\"related-posts__heading related-posts__heading--more h4\">More on this Topic<\/h2>\n\t\t\t\t<\/div>\n\n\t\t\t\t\n\t\t\t\t\t<div class=\"col col-6 col-lg-3 card-grid__item\">\n\t\t\t\t\t\t<article\n\t\tclass=\"card-post related-post related-post-1 post-33024 post type-post status-publish format-standard has-post-thumbnail hentry category-technology-innovation tag-boss-your-business tag-business-continuity tag-business-strategy tag-cfo tag-cloud-technology tag-construction tag-construction-business-development tag-project-management tag-construction-it tag-growing-a-business tag-productivity tag-small-business 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0-.22-.538q-.108-.106-.247-.164c-.139-.058-.191-.057-.291-.056s-.198.022-.29.061-.174.097-.243.169l-1.72 1.72V3.75a.76.76 0 0 0-.22-.541.76.76 0 0 0-.542-.22zM5.75 8.5C4.24 8.5 3 9.74 3 11.25v7C3 19.76 4.24 21 5.75 21h12.5c1.51 0 2.75-1.24 2.75-2.75v-7c0-1.51-1.24-2.75-2.75-2.75h-3a.76.76 0 0 0-.537.216.74.74 0 0 0-.223.535.76.76 0 0 0 .223.535.74.74 0 0 0 .537.216h3c.699 0 1.25.551 1.25 1.25v7a1.24 1.24 0 0 1-1.25 1.25H5.75a1.24 1.24 0 0 1-1.25-1.25v-7c0-.699.551-1.25 1.25-1.25h3a.76.76 0 0 0 .537-.216.74.74 0 0 0 .223-.535.76.76 0 0 0-.223-.535.75.75 0 0 0-.537-.216z\" \/><\/svg>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"posted-on \"><time class=\"entry-date published\" datetime=\"2025-09-24T15:43:15-04:00\">September 24, 2025<\/time><\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"reading-time\">5 min 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class=\"card-post__meta-text\"><span class=\"reading-time\">12 min read<\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\n\t\t<p class=\"card-post__title h5\">\n\t\t\tSaaS reporting best practices: Top strategies for success\t\t<\/p>\n\n\t\t\t<\/a>\n\t\n\t\n\t\t\n\t\n\t<\/article>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n<\/section>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Discover seven changes to grant tracking that nonprofits can implement to earn the grants needed to advance mission impact.<\/p>\n","protected":false},"author":1426,"featured_media":20195,"menu_order":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sage_video":false,"post_featured_image_hide":false,"sage_hide_published_date":false,"sage_hide_read_time":false,"sage_hide_share_buttons":false,"_pwl_sage_podcast_buzzsprout_src":"","footnotes":""},"categories":[43],"tags":[427],"business_type":[41],"lilypad":[],"context":[],"industry":[58],"persona":[100],"imagine_tag":[],"coauthors":[561],"class_list":["post-23733","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-money-matters","tag-cfo","business_type-growing-business","industry-nonprofit"],"sage_meta":{"region":"en-us","author_name":"Nancy Master","featured_image":"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-1199834821.jpg","imagine_tags":[]},"distributor_meta":false,"distributor_terms":false,"distributor_media":false,"distributor_original_site_name":"Sage Advice US","distributor_original_site_url":"https:\/\/www.sage.com\/en-us\/blog","push-errors":false,"_links":{"self":[{"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/posts\/23733","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/users\/1426"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/comments?post=23733"}],"version-history":[{"count":0,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/posts\/23733\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/media\/20195"}],"wp:attachment":[{"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/media?parent=23733"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/categories?post=23733"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/tags?post=23733"},{"taxonomy":"business_type","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/business_type?post=23733"},{"taxonomy":"lilypad","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/lilypad?post=23733"},{"taxonomy":"context","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/context?post=23733"},{"taxonomy":"industry","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/industry?post=23733"},{"taxonomy":"persona","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/persona?post=23733"},{"taxonomy":"imagine_tag","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/imagine_tag?post=23733"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/coauthors?post=23733"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}