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Nalanda Institute for Contemplative Science has experienced the benefits of outsourcing their accounting to 501 Commons’ Financial Services. Nalanda Institute helps people manage stress and improve their well-being through courses that aim to bring more positivity into their lives. They needed accounting help and reached out to 501 Commons. Today, executive director Dan Donohue says they’re in a much better place with their books and financial controls: “We now have much greater visibility into the financials of our programs, which has helped us better allocate resources,” Dan says. “We also added a new accounts payable software recommended by 501 Commons which makes tracking vendor payments much easier.”
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