Accounting Software: Care & Feeding for Nonprofits

This is the seventh and final post in our blog series: Best Practices for Selecting Nonprofit Accounting Software The typical accounting software lifecycle is 5-10 years for nonprofits, so you’re looking at a long-term investment. Keeping your new accounting software viable is achieved by implementing upgrades and proactive maintenance....

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How Intacct Accounting Software Saves Nonprofits a Bundle

Intacct cloud accounting software is increasingly chosen by nonprofits to maximize their “return on mission,” including foundations, healthcare providers, associations, social services, and faith-based groups. More specifically, Intacct does this by offering three things that save nonprofits a bundle. The first is a standard discount on the software. The second...

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Advancements in Cloud Security

Technological advancement is truly amazing to behold. We have seen common cell phones evolve from simple flip-phones to handheld computing marvels in the span of a decade. Humanity has also seen the burgeoning electric vehicle and reusable spacecraft industries take flight over that same time. Although technological advancement brings...

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Is Your Nonprofit Ready for ASC 606?

If you’re confused about Accounting Standards Codification (ASC) 606: Revenue from Contracts with Customers, you’re not alone. The effective date of the new revenue standard has been deferred until December 15, 2017 for non-public entities, but that still doesn’t leave nonprofits with much time to prepare. Here’s some background...

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ERP professionals providing insight and advice for not for profit organizations.