Easing the Bank Rec Process for Nonprofits
Every week, we speak with our nonprofit and governmental agency prospects and clients to hear how they are doing.
- What are their pain points?
- Do they have questions?
- Have they run into issues?
- Do they see areas for improvement?
This constant feedback is critical and we love it, even when it means we have work to do. This month we targeted Bank Reconciliation, one of those tasks that everyone has to do, and that was taking our clients too long. The Bank Reconciliation process has been simplified to make the process quicker and easier. Additionally, we’ve enacted controls to ensure that simple mistakes, like posting to a G/L account and bypassing the bank account, can no longer happen.
Additionally, Serenic Navigator clients can now have their employees enter their own time and expense information, saving sometimes days of data entry.
For more information on this and other enhancements in this release, existing clients can view the release notes from the Knowledge Center.