How can museums and other nonprofits better support their financial operations through automation? Streamlining processes, improving accuracy and driving efficiency are all explored in this episode of GHJ’s Nonprofit Bytes podcast. GHJ Nonprofit Audit Expert Mitchell Cota talks with Stephen De La Rosa, the assistant vice president, FP&A and controller at one of Los Angeles’ most iconic cultural institutions – the Natural History Museum of Los Angeles County. At the museum, Stephen and his team have optimized their general ledger and cost center data, streamlining many repetitive tasks like expense allocations and reporting. This episode dives into: • What prompted the museum to take a deeper look at its general ledger and cost center structure • Challenges throughout the process of automating this, as well as wins that resulted from it • How automation has impacted the museum’s finance team’s workload and ability to focus on higher-value tasks • Lessons learned and best practices for other nonprofit organizations looking to automate financial tasks
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Find Stephen De La Rosa on LinkedIn here.
Visit the Natural History Museum of Los Angeles County website here.