Non-profit organizations are pretty use to stretching their resources beyond their current means.  Given the state of the current economy, even their for-profit counterparts are scrambling for innovative ways to extend their resources.

For non-profits, it may seem like the price of doing non-profit work.  Regardless, of your opinion on that statement it’s safe to say that non-profits as well as other for-profit businesses could benefit from reduced labor expenses to effectively save on their bottom line.

Something that is often unique to non-profits is their reliance on various grants.  In fact, applying for and winning grants, for many non-profits, is a strategy to maintain operating revenue, or continue specific programs.  Like any organization with employees, a non-profit’s workforce is typically their largest expense.

A workforce management system is a helpful way for a non-profit organization to track and proactively control the hours their employees work toward a specific grant-funded project.  By tracking such information in an automated system the organization can track the pay of an employee’s work on the project as that work is funded by the grant funds that were awarded to the non-profit organization.

By being able to track work on specific grant-funded projects a non-profit organization can budget their grant funds and allocate employees appropriately.  They can also maintain an audit of the hours put into a project, which may help the grant application writer understand how much work/time will likely be involved with similar future projects for which s/he may be applying.

Posted By: Nick Venturella Insperity Time and Attendance

Sign up to receive this blog once a week delivered to your email (go ahead, it’s over there on the left-hand side of our blog site).