Financial Reporting
Having trouble analysing trends and budgeting for the future?
The financial reporting side for Associations can be a stressful process if you haven't planned ahead for the future. Associations need to be on top of all of their expenses and income to see if there are any specific areas that may need attention. The Member Evolution association and membership management software allows you to plan and gain accuracy on every aspect of your financial reporting.
The member association software allows you to understand which segments of the association are running with a profit and you can tailor each depending on the effectiveness you desire. The financial reporting system enables the financial manager to budget for the future whilst analysing specific trends. Retention rates are also tracked and a report is generated in aiding the manager in making decisions. The true cost of a membership to the association can also be factored in.
The reporting system has a number of benefits for your members as they are able to reprint any past or current invoices. Any transactions made by members such as events, resources, products or memberships made through the website are able to be viewed so members can keep track of all of their finances easily.
