NFP REPORT


The not-for-profit (NFP) sector is on the edge of generational change. Transformation in funding methods and governmental desire to consolidate suppliers will eventually result in a smaller sector of larger players.

The inevitability of amalgamations is driving NFPs to invest heavily in their back office systems to improve operational efficiency. CFOs in the sector believe that the providers with the greatest efficiency will enjoy more capacity to scale, and therefore be in a better position to take over less efficient service providers.

Prior to this wave of consolidation, NFPs were already realising that small business software was a limiting factor in winning and administering larger grants. The NFP sector is upgrading as a whole to enterprise resource planning software (ERPs) from accounting software for the first time.

How does the CFO and finance team explain the value of an ERP to the board and justify the investment required? How can you measure improvement in productivity, reduction in cost or risk? How do you champion this initiative?

This report examines the critical drivers for a move from accounting software to ERPs, and the impact on organisations that make that shift.

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