Cash Forecasting Do You Need It

Running a nonprofit organization takes passion and talent, but there’s more to building a successful organization than willpower. Nonprofit organizations exist to fulfill a mission, serve a purpose, and reach as many members, communities, or individuals as they can. To serve and grow, nonprofit leaders must look forward to the future. That’s where cash forecasting can help. Creating a cash forecasting process at your organization can help you plan for the future while efficiently managing cash flows today.