As people reorient their careers and new technologies and processes take hold, organizations have an excellent opportunity. Meaning, organizations need exceptionally talented people with the vital skills necessary to succeed in financial operations.
In short, organizations have the chance to hire highly talented and gifted professionals.Īs we know, the digital era requires new levels of know-how for church finances. However, churches and organizations should view it as an immense opportunity. As we know, due to the pandemic and the Great Resignation, things changed. Unfortunately, many churches don't always maximize their financial operations teams' talents and skills. Not Understanding Your Giving Data and Risks Ignoring Vulnerabilities That Lead to Fraud Not Reviewing Current Commitments or Adequately Preparing for New Lending Opportunities Managing Budgets Like Nothing Has Changed Not Accounting for New Expenses in a Hybrid Ministry Model Not Optimizing Your Financial Operations TeamĪssuming Your Current Financial Systems Can Support Your Growth The webinar explores the following seven mistakes.
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And you'll also learn how to engage with non-financial leaders in meaningful ways. You'll learn how to create a framework for conversations about critical financial decisions. You'll gain fresh insights when you watch the entire webinar recording on Giving365. Not paying attention to the following mistakes could be perilous. Understanding the Potential Financial Vulnerabilities for Your Organization Further, church members and supporters want to associate with and donate to organizations that wisely steward their gifts. Not doing so is a risk that could get very costly. As a result, churches and faith-based nonprofit organizations need to ensure healthy and safe finances. The reality is we live in a highly complex world.
Once you know these mistakes, you’ll be one step ahead. However, we'll address the top three mistakes to give you a sense of what you’ll find when you watch the entire recording. You'll hear Joe Park, CEO, Horizons Stewardship, Ken Tan, Partner, and Stan Reiff, Partner and Consulting Practice Lead, both from CapinCrouse, speak about seven critical mistakes in their entirety. There you’ll find the webinar, Money and Ministry: Seven Financial Mistakes You Don't Want to Make, and an entire on-demand library of stewardship and generosity resources. If you want to view it in full, please register at Giving365 for free. In fact, they're so important that we highlighted all seven in a recent webinar. Seven critical mistakes for organizations and church finances exist.
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