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Humentum’s financial planning templates are designed to simplify your budgeting and forecasting processes

Whether you’re overseeing a budget for an entire non-governmental organization (NGO) or a project, good budget management is essential for success. Humentum works with hundreds of NGOs and finance professionals across the globe and understands the importance of preparing a strong budget. We have compiled a free Budgeting Guide to give you the confidence to prepare a meaningful and useful budget for your NGO. 

Want to check the pulse of your organization’s financial management abilities? Humentum’s Health Check is a simple self-assessment tool that does just that. It can be done in less than a day and you’ll get immediate recommendations on ways to improve, based on your score.

Sometimes, fraud can happen despite having solid financial management practices and internal controls in place. Many NGOs have been the…

Unfortunately, fraud is not unique occurance within organizations. The following signs may be an indication of fraud or abuse at…

Download the Nonprofit Accounting Software Buyer’s Checklist and get a list of the 40 essential features of a modern accounting system

Download the Nonprofit Accounting Software Buyer’s Guide to get a valuable tool to help you evaluate and select the right accounting software for your nonprofit.

A bank reconciliation is a very powerful control tool that enables the organisation to identify omissions and errors in its own records, as well as being the only way to spot cheque fraud, bank errors and even bank fraud. It is therefore very important for managers to carefully check bank reconciliation statements every month.

A budget monitoring report is a financial report that shows actual income and expenditure for a certain period compared to the budget for the same period. Finance staff should prepare budget monitoring reports regularly throughout each project, normally once per month