enSYNC Blog: Financial Management (2)

How Sage Intacct Can Promote Budgeting Best Practices for Senior Living Organizations

In today's rapidly evolving healthcare landscape, senior living administrators and financial managers are under mounting pressure to deliver top-notch care while effectively..

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Why Is Revenue Forecasting Important for Senior Living Organizations?

Revenue forecasting is the practice of predicting how much money your organization will make from future sales. It involves comparing those estimates to the actual sales numbers..

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Enhancing Financial Reporting for Better Decision-Making in Senior Living Communities

In the dynamic and highly regulated world of senior living management, financial administrators play a pivotal role in steering their organizations towards stability and growth...

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Sage Intacct Reporting for Senior Living: An Essential Guide

Navigating the financial side of senior care can be quite the balancing act — functioning as a business, a healthcare provider, and a home for residents means interpreting data..

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Benefits of Performing an Organizational Data Audit

In the complex web of modern health information systems, the integrity and security of data are nonnegotiable — especially for leaders of nonprofit senior living communities...

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Making a Financial Sustainability Plan for Your Organization

With life expectancy rising and the senior community growing, senior living organizations play a vital role in providing care to the elderly. However, with this comes the..

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Accounting Software for Assisted Living Organizations

The need for robust accounting software for assisted living has never been greater. Many organizations in recent years have turned to cloud-based accounting solutions, which help..

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Using Effective Strategies for Revenue Generation

Nonprofit senior living leaders are juggling many different challenges today, including everything from demographic shifts and new healthcare rules to increased financial..

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How to Decrease Monthly Close Times at Your Senior Living Organization

One of the most important financial periods for senior living organizations is the month-end close, a process that involves reconciling accounts, reviewing financial transactions,..

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