Outsourced Accounting Benefits Organizations of All Shapes and Sizes
Nonprofit organizations often struggle to handle their accounting. While in-house accounting is possible, it takes a lot of time and resources to locate, hire, train, and maintain an accounting team in-house. This is why many nonprofit organizations turn to outsourced accoun...Read More
5 Ways to Foster Data Literacy at Your Organization
With each passing year, organizations and decision-makers are gaining access to more information and data than ever before. This presents a great number of opportunities for making better informed decisions about how to manage operations and interact with clients and members. It can also be overwhel...Read More
Why Benchmarking is Important for Associations
Benchmarking surveys allow organizations to create a baseline for performance improvement. This benefits both the association and its members in multiple ways. Benchmarking provides your members with actionable intelligence. It provides your association with a deep knowledge of the industry you serv...Read More
5 Benefits of Outsourced Accounting
Collaborative Accounting is Better
More isn’t always better, but as it relates to an accounting team, extra minds are never a problem!
A team of professional accountants combining their different knowledge and backgrounds is always better than one in-house employee. With ...Read More
Visual and Effective Financial Reporting
Financial presentations are important to the success of any organization. However, many individuals have difficulty presenting financial information in such a way that engages their audience and sends a clear, easy to understand message.
Providing too much information or too many details can quic...Read More
Is Your Data “Significant”?
WHAT IS STATISTICAL SIGNIFICANCE AND WHEN DOES IT APPLY TO YOUR RESEARCH?
As an independent third party that assists associations in their research efforts, Vault is often asked if the results of research projects are “significant”. Clients collecting data ask this que...Read More
Understanding Financial Statements for Non-Profits
Although you probably have a general understanding of accounting principals, you might not be familiar with the way in which non-profits present their financial statements. These statements are presented in a very unique way. The following are the statements issued by non-profits:
Effective Advocacy Market Research in Action
Primary Market Research
Vault Consulting Primary Research Supports the American Diabetes Association’s Pubic Policy Statement on Insulin Affordability
The American Diabetes Association is committed to ensuring that every individual who needs insulin has affordable access to this life saving medication. ...Read More
The Difference Between Unipolar and Bipolar Scales in Research
The questions asked and the ways you ask them have a big impact on the results of your survey.
Proper scale labeling improves the chance of accurate, helpful results. One element that makes scale labeling challenging is learning the difference between bipolar and unipolar scales.
How to Gain a Consensus Among Members?
Industry Market Reports
The success of many association programs depends on the participation and engagement of members. Industry market reports are a tried and true valuable benefit. These reports provide members with detailed information about their specific markets so they can track trends and their own market share...Read More