Armanino Launches Benchmarking Solution for Nonprofits

Armanino LLP, one of the 25 largest accounting and business consulting firms in the U.S., has released its Benchmarking for Nonprofits solution.  By harnessing big data and presenting it in an easy-to-navigate dashboard, nonprofit organizations can gain insights into financial performance year-over-year and against similar groups in their region and nationally.

“Every nonprofit executive director or board member knows that budgeting and finance are the most critical and challenging aspects of their work, and can often be the difference maker in their ability to make a positive and lasting impact in their communities,” said Paul O’Grady, Armanino partner-in-charge of the Nonprofit practice.  “That’s why we worked with the firm’s Data & Analytics team to build a robust and intuitive dashboard platform that can show nonprofit leaders exactly where they stand with revenues and expenses, which elements of the organization are most costly, and how they perform against peers and even themselves.”

With easily digestible visuals, the Benchmarking for Nonprofits solution was designed with transparency in mind.  As nonprofits serve many stakeholders, the dashboard was designed to help tell the full financial story to a variety of key stakeholders, funders, donors, boards and peers.