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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Changes to Nonprofit Accounting Rules Announced

Just yesterday, on August 19th, the Financial Accounting Standards Board (FASB) announced changes to how nonprofits present their financial reporting. This is the first change to these standards since the current rules were established in 1993. The new rules are designed to help nonprofits do a better job of telling...

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How to Evaluate Nonprofit Accounting Software Proposals

This is the fourth post in our blog series: Best Practices for Selecting Nonprofit Accounting Software Once you’ve identified your final nonprofit accounting software candidates from vendors and partners, you’ll next need to evaluate their proposals. Considering that the effort is like comparing apples to oranges, here’s how to...

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