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The Rose F. Kennedy Greenway Conservancy: Accountability and Transparency

July 9, 2012


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“With Bill.com, we are now able to take the Finance Department to the next level, while enhancing our transparency and accountability…”

The Rose F. Kennedy Greenway Conservancy is the steward for the Rose Kennedy Greenway, a 1.5-mile downtown Boston park with multiple fountains, high-end horticulture, hundreds of free public programs, and relationships with dozens of vendors and other partners. When Director of Finance Lisa Schimmel joined this non-profit, she was given a mandate to enhance accountability and transparency. Despite the size and influence of her organization, Schimmel was able to easily streamline and move her organization’s finances to the cloud, using Bill.com.

Recently, Schimmel joined Bill.com for a complimentary webinar, to share her insight and experience with moving to the cloud. The webinar, Finance in the Cloud: How it Can Increase Transparency and Accountability for Non-Profits, brought in people from various organizations, each of whom had a personal interest in learning how to leverage the cloud for non-profits. She shared how she tamed a cumbersome and outdated payables system by moving to Bill.com, a more reliable and transparent cloud-based system.

Being a non-profit organization, one of the most important advantages of implementing Bill.com for the Rose Kennedy Conservancy was the accountability and transparency the system provided. It was important for the private donors, as well as the Mass Department of Transportation (Mass DOT), to be able to see what the Conservancy was doing with the money they were given. Schimmel hopes that the organization’s transparency will encourage donors to donate more to the Conservancy in the future. This transparency also dramatically decreases fraud, in addition to streamlining the organization’s annual audit.

All in all, the Conservancy saves over 25 hours of processing on more than 150 bills and invoices per month. They benefit from the reduced cost of bill payment, the reallocation of staff time – that was formerly spent sorting bills and chasing paper – and have greatly improved their efficiency with receivables and invoicing. Schimmel was able to achieve the transparency and accountability standards her organization required of her, and, in the process, save herself time, money, and stress.

 

Find out how she did it.  Click here to replay the webinar! Or sign up for a risk free trial of Bill.com today!

 

 

 

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