Spring Hill, TN – Capital Business Solutions, a leader in nonprofit accounting and fundraising software solutions, is excited to announce the launch of Effort Track, a groundbreaking app designed to revolutionize time tracking and time based allocations for nonprofit organizations using Financial Edge NXT as their financial management platform.

Streamline Nonprofit Financial Processes Using Effort Track

Nonprofit organizations operate in a fast-paced environment where managing resources effectively is crucial. With the Effort Track app, nonprofit accounting teams can streamline operations, reduce administrative burden, and ensure compliance with grant and project requirements. This innovative app integrates seamlessly with Blackbaud’s Financial Edge NXT and any payroll provider, empowering organizations to focus on their mission while enhancing financial accuracy and accountability.

How the Effort Track App Optimizes Workflow

Effort Track is more than just a time-tracking solution. It’s an all-encompassing tool that addresses common challenges managing Grant related time tracking, time allocation and time reporting requirements.  

The app’s core features include:

• Seamless Integration: Effort Track integrates directly with Financial Edge NXT’s general ledger, eliminating manual data entry and ensuring time-based expenses are recorded quickly and accurately.
• Flexible Timesheet Tracking: Track timesheets by project, grant, and transaction codes, adapting to the unique needs of each organization’s funding requirements..
• Integrated Allocation Engine: Easily create and manage grantor mandated, time-based, expense allocations
• Robust Approval Routing: Rely on a multi-level timesheet approval system to enhance accountability and compliance.
• Advanced Budget Management: Create and enforce time-based budgets, ensuring grants and projects meet financial benchmarks.

Why Effort Track is a Game-Changer for Nonprofits

Effective financial management is critical for nonprofit organizations to fulfill their missions. Effort Track offers a suite of tools tailored specifically to address the complexities of managing time and time based allocations that are a requirement for a majority of Grant Funding.

Key benefits include:

• Streamlined Operations: By reducing reliance on external spreadsheets, Effort Track saves time and minimizes errors.
• Improved Compliance: The app’s precision tracking and approval systems help nonprofits adhere to grant and program requirements effortlessly.
• Single Source of Truth: Consolidates time based transactions used as the basis for allocations into one single, reportable database.
• Increased Bandwidth to manage more Grant Funding: Using Effort Track’s integrated allocation engine and time sheets automates the process of creating and reporting on time based allocations to grantors.

Designed with a nonprofit’s grant management needs in mind, Capital Business Solutions’ integration of Effort Track with Financial Edge NXT simplifies complex grant management tasks for organizations across the United States. The Effort Track app increases productivity, increasing an organization’s bandwidth to attract additional Grant Funding without the added overhead expense of additional staff.  

Partner with Capital Business Solutions for Financial Management Solutions

Effort Track is not just a software solution - it’s a catalyst for success in nonprofit financial management. With its seamless integration, flexible features, and advanced capabilities, Effort Track empowers organizations to streamline their Grant Management operations, ensure compliance, and optimize resources. 

Capital Business Solutions is proud to support organizations in their mission to make a difference by offering solutions to nonprofit financial management. Through personalized guidance based on years of experience, they empower nonprofits nationwide to thrive in today’s dynamic financial landscape.

About Capital Business Solutions

Capital Business Solutions has been a trusted partner to nonprofit organizations for over 25 years, providing innovative accounting and fundraising software training opportunities. The company’s mission is to empower nonprofits with tools that enhance efficiency, accuracy, and compliance. 

bob.schilling@capitalbusiness.net

Media Contact

Name
Capital Business Solutions
Contact name
Bob Schilling
Contact phone
(843) 471-1217
Contact address
PO Box 157
City
Spring Hill
State
TN
Zip
37174
Country
United States
Url
https://www.capitalbusiness.net/