The goal of any mission-based organization is to grow in influence and have a greater positive impact on the world. However, when growth does begin to ramp up, it’s both an achievement and an obstruction.
With growth comes complexity. Everything from staffing to operations to marketing becomes more challenging. But accounting is the area where the stress is felt most acutely.
Mission-based organizations that rely on a simplified approach to accounting quickly discover that approach is ill-equipped to serve the needs of a larger and more complex organization. Individual accounting processes may work, but they do not communicate and cooperate in a way that the demands of enterprise accounting require.