Rely more on budget control limits and sample reviews. Document simple accounting processes to help new employees operate more efficiently. Then create procedures manuals outlining basic steps for many of the tasks. Segregate processes by transaction size. Not all transactions should go through the same approval process.
Specialized software can increase efficiency and reduce frustration.
These are just some of the common problems working against efficiency and some ways to enhance efficiency. Many others are available. With professional advice, you can comprehensively re-engineer your finance department. Such a decision merits serious consideration and should be included in your strategic planning. This article explains how nonprofits can fulfill their missions more effectively by streamlining their operations and acting more entrepreneurially.