Tools, Strategies, and Best Practices to Keep Archdioceses and Dioceses Thriving Through Inflationary and Recessionary Periods

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Learn how archdioceses and dioceses are utilizing simple-to-use technologies, strategies, and best practices to thrive during an inflationary and recessionary plagued economy.

Inflation is at a 40-year high, the feds have hiked interest rates, and consumer spending is slowing month-over-month. Plus, Bloomberg Economics and many others are predicting there’s at least a 75% probability of a recession.

That’s bleak news for archdioceses and dioceses that depend on parishioner contributions, but thankfully there’s a highly effective solution. Just imagine being able to collaborate with your parishes, churches, schools, cemeteries, or other reporting entities to clearly assess their current financial health and create an accurate roadmap to increased net revenue and assets even in this economic abyss.

Learn How To Minimize The Imminent Inflationary and Recessionary Risk of Your Archdiocese or Diocese With Qvinci’s New KPI and What If – Cashflow and Financial Trending and Forecasting Tools

The first example below is the brand new KPI, Expense and Income Trending, and Forecasting tool. Just press the button and your chancery management and staff, and their parishes and schools, have a snapshot metrics package that’s ready to publish in seconds!

(Click Here To Open In Excel and Try it Out)

The KPI, Expense and Income Trending, and Forecasting reporting package provides KPI Ratios, Top 10 Expenses, Total and Net Income Analysis, and Income Trending and Forecasting all in a single package ready to deploy across your parishes and schools. If you want to show your parishes or schools where they will likely be in 90, 180, 270, and 365 days if they just keep doing what they have been doing, this is the business intelligence tool for the job. You will be surprised at the results, but it’s only the starting point to understanding your archdiocese’s or diocese’s past, grading their present, and forecasting their future!

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The next step for your chancery management and staff, and their parishes and schools, is to dive deeper into a full 12-month granular cashflow and financial outlook. Qvinci’s What If – Cashflow and Financial Forecasting Optimizer is the newest forecasting and financial modeling solution in Qvinci’s inflation- and recession-busting arsenal with Qvinci’s exclusive Model Merge Technology (patent pending).

What-If Forecast(Click Here To Open In Excel and Try it Out)

The What If tool is the most robust forecasting solution for archdioceses and dioceses of all sizes giving them the ability to define their future and monitor their progress by…

  • Creating virtually unlimited numbers of “What If” scenarios to forecast the ongoing impact of an inflationary or recessed economy on each parish’s or school’s income, expenses, profitability, and cash positions over a specified time
  • Effectively managing each parish’s and school’s risk by manipulating financials to immediately see the inflationary or recessionary impact so they can all make timely, informed decisions
  • Helping chancery management and staff, and their parishes and schools, better predict if/when additional funding may be required, or if/which costs need to be trimmed before a crisis becomes unmanageable
  • Setting the report options to cover a customizable range and set the reference period as a single month, a range average, or seasonal
  • Utilizing the 12-month What If to Actual presentation with integrated charts and graphs to better present the data to your chancery management and staff and to each parish or school leadership

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What Diocese of Syracuse Is Saying About Qvinci…

“Previously, we were happy just to get the annual report out. Now, we have the data we need to be better business advisors and help everyone in the diocese manage their finances timely and more efficiently.”

— Kory Hopkins, IT Director —

Also Learn How Qvinci’s Entire Suite of Business Intelligence Solutions Can Help Archdioceses and Dioceses Boost Net Assets and Thrive Even During the Present Inflation and Fast Approaching Recession

The Advisory Portal Includes Amazingly Simple Drill-Down Capabilities – With 4 quick ‘clicks’ of a mouse, chancery management and staff can easily start from the Advisory Portal and drill down through multiple layers of increasingly granular parish and school data to research relevant issues at the reporting-location level before the issues become unmanageable. In today’s crippling inflation and approaching recession, this can significantly help to avoid disaster, build a plan, and start the recovery.

Qvinci Software Advisory Portal(click image to enlarge)

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The KPI Scorecard – With the KPI Scorecard, true consulting and collaborative relationships between chancery management and staff, and their parishes and schools, are born and cultivated. Chancery management and staff can confer with parish and school leadership to review the KPI Scorecard, check progress, and grade performance. As with all Qvinci solutions, the KPI Scorecard auto-updates, auto-blends, auto-styles, and auto-packages in an instant.
  • Create custom KPIs based on your diocesan ecosystem metrics
  • Consolidate KPIs across all diocesan reporting locations
  • Compare KPIs of selected diocesan locations
  • Build trended comparisons of KPIs year-over-year
  • Utilize conditional formatting indicating movement or FAVORABLE UNFAVORABLE trends
  • Compare the “ideal” ranges of values set by the diocesan organization
  • Deploy benchmarking, ranking, and lots more…
(Click image to enlarge) KPI Ratios and Scorecard Report Templates (NEW!) – Compare KPI ratios to historical values from the same parish or school, or against different locations of same or unequal scale within your organization.

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The new reports, including KPI Ratios, KPI Scorecard With Benchmarking, and KPI Scorecard Without Benchmarking, are provided free to all Qvinci users for the following periods:
  • Fiscal Year to Date vs Same Period Prior Year
  • Reporting Month vs Prior Month
  • Reporting 3 Months vs Prior 3 Months

If Your Archdiocese or Diocese Needs QuickBooks or Any Intuit Product, Qvinci Now Has All of the Benefits of Intuit and Qvinci in One Powerful Single-Sourced, Cost-Effective Package

SPECIAL PROMOTIONAL PRICING When Fathom ceased being included with QuickBooks Online Advanced, Qvinci was called into action. Qvinci stepped up and offered a special pricing package that continues today. It has been a monumental success. We are now offering the same package savings to anyone who wants QuickBooks and/or Qvinci. The offer is simple:
  • Already have QuickBooks? Add Qvinci at a 50% discount for the first 3 months.
  • Need to purchase QuickBooks Online Advanced? When QuickBooks Online Advanced is purchased through Qvinci, Qvinci is included for FREE!
  • For all other QuickBooks and Qvinci packaged solutions, contact us for discounted and bundled pricing!

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What Archdiocese of Boston Is Saying About Qvinci…

“Support was very responsive. I felt very comfortable reaching out to those on the project with questions or concerns. The team was quick to respond to any question and offer their assistance. Which I gladly took them up on. The whole experience was far less stressful and demanding than I had prepared for.”

— Denise Biernat, Director of Parish Services —

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Meet the Presenter

Charles Nagel – Founder & CIO
Qvinci Software

Charles is the inventor and founder of Qvinci and is responsible for the implementation of Qvinci’s strategic and tactical plans. He has broad experience in building and turning around companies in a variety of industries, including software, medical, manufacturing, agriculture, and consulting. In his role at Qvinci, Charles focuses on driving innovation and leadership in the accounting, franchise, diocese, single- and multi-unit spaces. His knowledge of Qvinci’s products, why they’re important, and their practical application is transformative.

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